Dearborn Partners LLC Has $33.81 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Dearborn Partners LLC lowered its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 180,306 shares of the semiconductor company's stock after selling 1,463 shares during the period. Dearborn Partners LLC's holdings in Texas Instruments were worth $33,809,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Promus Capital LLC bought a new stake in shares of Texas Instruments in the fourth quarter valued at about $25,000. Financial Life Planners bought a new position in Texas Instruments in the fourth quarter valued at $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments in the 4th quarter valued at $27,000. MidAtlantic Capital Management Inc. acquired a new position in shares of Texas Instruments during the 3rd quarter worth about $28,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Texas Instruments in the 4th quarter valued at about $28,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Performance

NASDAQ:TXN traded down $0.35 during mid-day trading on Wednesday, reaching $176.99. 2,445,707 shares of the company's stock were exchanged, compared to its average volume of 6,620,446. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.38. The firm has a market capitalization of $161.04 billion, a PE ratio of 34.09, a price-to-earnings-growth ratio of 3.30 and a beta of 0.98. The business's fifty day simple moving average is $189.39 and its two-hundred day simple moving average is $197.00. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

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Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping analysts' consensus estimates 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 business earned $1.49 EPS. Analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.07%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments's dividend payout ratio is currently 104.82%.

Insider Buying and Selling at Texas Instruments

In related news, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now directly owns 11,717 shares of the company's stock, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction that occurred on 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 sale, 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 disclosure for this sale can be found here. Insiders have sold a total of 297,655 shares of company stock valued at $59,841,304 in the last ninety days. 0.68% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Benchmark reiterated a "buy" rating and set a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Cantor Fitzgerald reiterated a "neutral" rating and set a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Truist Financial decreased their target price on shares of Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a research note on Friday, January 24th. Wells Fargo & Company dropped their price target on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. Finally, Mizuho decreased their price objective 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 investment 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 stock presently has a consensus rating of "Hold" and a consensus price target of $209.20.

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.