Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Cypress Capital Group

Cypress Capital Group cut its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 8.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,832 shares of the semiconductor company's stock after selling 1,408 shares during the period. Cypress Capital Group's holdings in Texas Instruments were worth $2,781,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in TXN. Fiduciary Alliance LLC lifted its holdings in Texas Instruments by 25.3% in the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company's stock valued at $6,901,000 after purchasing an additional 7,424 shares in the last quarter. Townsquare Capital LLC increased its stake in shares of Texas Instruments by 5.9% during the 3rd quarter. Townsquare Capital LLC now owns 93,689 shares of the semiconductor company's stock valued at $19,353,000 after acquiring an additional 5,201 shares during the last quarter. Ameritas Advisory Services LLC increased its stake in shares of 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 acquiring an additional 3,707 shares during the last quarter. HB Wealth Management LLC increased its stake 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 valued at $18,724,000 after acquiring an additional 4,238 shares during the last quarter. Finally, Swiss National Bank increased its stake in shares of Texas Instruments by 0.3% during the 3rd quarter. Swiss National Bank now owns 2,702,500 shares of the semiconductor company's stock valued at $558,255,000 after acquiring an additional 8,100 shares during the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Janet F. Clark sold 6,065 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the transaction, the director now directly owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the firm's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 297,655 shares of company stock worth $59,841,304. 0.68% of the stock is currently owned by insiders.

Texas Instruments Stock Up 0.4 %

NASDAQ:TXN traded up $0.73 during trading hours on Wednesday, hitting $195.57. The stock had a trading volume of 5,483,347 shares, compared to its average volume of 6,592,863. The company has a market cap of $178.03 billion, a PE ratio of 37.68, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. 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 50 day simple moving average of $189.69 and a two-hundred day simple moving average of $197.59. Texas Instruments Incorporated has a 1-year low of $159.11 and a 1-year high of $220.38.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate 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 quarter in the previous year, the company posted $1.49 earnings per share. Analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.78%. The ex-dividend date was Friday, January 31st. Texas Instruments's dividend payout ratio (DPR) is currently 104.82%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Rosenblatt Securities reaffirmed a "buy" rating and set a $250.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 21st. Benchmark reaffirmed a "buy" rating and set a $230.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Wells Fargo & Company dropped their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a research note on Monday, January 13th. Barclays dropped their target price on shares of Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating for the company in a research report on Friday, January 24th. Finally, Mizuho dropped their target price on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Texas Instruments has a consensus rating of "Hold" and an average target price of $209.20.

About Texas Instruments

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.