CIBC Private Wealth Group LLC Has $65.12 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

CIBC Private Wealth Group LLC lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 339,778 shares of the semiconductor company's stock after selling 5,506 shares during the quarter. CIBC Private Wealth Group LLC's holdings in Texas Instruments were worth $65,122,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Fiduciary Alliance LLC raised its position in shares of Texas Instruments by 25.3% during the fourth quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company's stock worth $6,901,000 after acquiring an additional 7,424 shares during the last quarter. Ameritas Advisory Services LLC lifted its position in Texas Instruments by 73.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company's stock valued at $1,639,000 after purchasing an additional 3,707 shares during the period. HB Wealth Management LLC grew its position in shares of Texas Instruments by 4.4% during the 4th quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company's stock worth $18,724,000 after buying an additional 4,238 shares during the period. Taika Capital LP bought a new stake in shares of Texas Instruments during the third quarter worth approximately $4,394,000. Finally, Hamlin Capital Management LLC lifted its holdings in Texas Instruments by 9.2% in the fourth quarter. Hamlin Capital Management LLC now owns 871,623 shares of the semiconductor company's stock valued at $163,438,000 after buying an additional 73,715 shares during the period. 84.99% of the stock is owned by institutional investors.

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Texas Instruments Stock Up 0.1 %

Shares of Texas Instruments stock traded up $0.20 on Wednesday, reaching $178.19. 4,327,245 shares of the company were exchanged, compared to its average volume of 5,731,373. The company has a market capitalization of $162.14 billion, a price-to-earnings ratio of 34.33, a PEG ratio of 3.30 and a beta of 0.99. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.39. The company has a 50-day moving average of $185.85 and a 200 day moving average of $194.36.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter last year, the firm posted $1.49 EPS. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 3.05%. Texas Instruments's dividend payout ratio (DPR) is 104.82%.

Analyst Ratings Changes

A number of analysts have commented on TXN shares. Mizuho lowered their target price on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a report on Friday, January 24th. Wells Fargo & Company dropped their price objective on Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. Barclays reduced their target price on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a report on Friday, January 24th. Benchmark reaffirmed a "buy" rating and issued a $230.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Truist Financial cut their price target on shares of Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Texas Instruments has a consensus rating of "Hold" and a consensus price target of $209.20.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now owns 11,717 shares in the company, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the business's stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the sale, the director now directly owns 10,816 shares of the company's stock, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 297,655 shares of company stock worth $59,841,304 over the last ninety days. Insiders own 0.57% of the company's stock.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.