Cutler Investment Counsel LLC Has $11.58 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

Cutler Investment Counsel LLC decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 61,739 shares of the semiconductor company's stock after selling 1,859 shares during the quarter. Texas Instruments comprises about 1.4% of Cutler Investment Counsel LLC's investment portfolio, making the stock its 25th biggest position. Cutler Investment Counsel LLC's holdings in Texas Instruments were worth $11,577,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. State Street Corp boosted its holdings in Texas Instruments by 0.9% in the third quarter. State Street Corp now owns 41,679,234 shares of the semiconductor company's stock valued at $8,609,679,000 after acquiring an additional 391,306 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Texas Instruments by 2.3% in the third quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company's stock valued at $4,382,936,000 after acquiring an additional 487,892 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Texas Instruments by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company's stock valued at $3,976,562,000 after acquiring an additional 782,053 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Texas Instruments by 0.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,060,213 shares of the semiconductor company's stock valued at $1,664,998,000 after acquiring an additional 36,441 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Texas Instruments by 1.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,773,932 shares of the semiconductor company's stock valued at $1,605,861,000 after acquiring an additional 124,712 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Insider Transactions at Texas Instruments

In related news, Director Mark A. Blinn sold 590 shares of the business's stock in a transaction that occurred 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 sale, the director now owns 11,717 shares of the company's stock, valued at $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the business's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on TXN shares. Benchmark reiterated a "buy" rating and issued a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Truist Financial cut their price objective on Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a research report on Friday, January 24th. Rosenblatt Securities reissued a "buy" rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Mizuho cut their price objective on Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a research report on Friday, January 24th. Finally, Evercore ISI raised their price objective on Texas Instruments from $268.00 to $298.00 and gave the company an "outperform" rating in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $209.20.

Texas Instruments Stock Up 3.9 %

Texas Instruments stock traded up $7.64 during midday trading on Thursday, hitting $203.96. The stock had a trading volume of 9,187,820 shares, compared to its average volume of 6,462,083. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The business has a fifty day moving average price of $187.99 and a 200 day moving average price of $197.23. Texas Instruments Incorporated has a 12 month low of $159.11 and a 12 month high of $220.38. The stock has a market cap of $186.06 billion, a P/E ratio of 39.30, a P/E/G ratio of 3.02 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating analysts' consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period in the prior year, the company earned $1.49 earnings per share. Research analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a dividend of $1.36 per share. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.67%. Texas Instruments's dividend payout ratio is presently 104.82%.

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.