Guggenheim Capital LLC Sells 14,937 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Guggenheim Capital LLC reduced its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 288,983 shares of the semiconductor company's stock after selling 14,937 shares during the quarter. Guggenheim Capital LLC's holdings in Texas Instruments were worth $54,187,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Rossby Financial LCC purchased a new stake in shares of Texas Instruments during the fourth quarter worth $227,000. Canada Post Corp Registered Pension Plan purchased a new stake in shares of Texas Instruments during the 4th quarter worth about $5,266,000. Value Partners Investments Inc. lifted its holdings in shares of Texas Instruments by 6.4% during the 4th quarter. Value Partners Investments Inc. now owns 3,178 shares of the semiconductor company's stock valued at $595,000 after buying an additional 190 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $587,000. Finally, Belpointe Asset Management LLC increased its holdings in Texas Instruments by 7.6% in the fourth quarter. Belpointe Asset Management LLC now owns 16,516 shares of the semiconductor company's stock worth $3,097,000 after buying an additional 1,169 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TXN has been the subject of several recent research reports. Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Baird R W upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Mizuho cut their target price on Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a report on Friday, January 24th. UBS Group decreased their price target on Texas Instruments from $250.00 to $225.00 and set a "buy" rating for the company in a research note on Monday. Finally, Barclays reduced their target price on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating for the company in a report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $206.86.

Insider Buying and Selling at Texas Instruments

In related news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the transaction, the chairman now owns 409,089 shares of the company's stock, valued at $82,930,522.08. This trade represents a 19.17 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Janet F. Clark sold 6,065 shares of the company's 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 completion of the sale, the director now directly owns 10,816 shares of the company's stock, valued at $2,202,353.92. The trade was a 35.93 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 297,655 shares of company stock valued at $59,841,304. 0.57% of the stock is currently owned by insiders.

Texas Instruments Price Performance

NASDAQ TXN traded up $1.79 on Friday, hitting $148.34. 5,690,642 shares of the company were exchanged, compared to its average volume of 6,138,575. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39. The company has a market cap of $134.97 billion, a P/E ratio of 28.58, a P/E/G 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. The firm has a 50 day moving average of $177.70 and a two-hundred day moving average of $189.85.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted 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 period in the previous year, the firm posted $1.49 earnings per share. On average, equities 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 will be paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th will be issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.67%. Texas Instruments's dividend payout ratio is currently 104.82%.

Texas Instruments 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.