Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Haverford Financial Services Inc.

Haverford Financial Services Inc. decreased its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 8.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,278 shares of the semiconductor company's stock after selling 3,328 shares during the quarter. Texas Instruments makes up 2.2% of Haverford Financial Services Inc.'s holdings, making the stock its 21st biggest position. Haverford Financial Services Inc.'s holdings in Texas Instruments were worth $7,178,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Cahill Financial Advisors Inc. lifted its holdings in Texas Instruments by 3.5% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company's stock valued at $298,000 after purchasing an additional 49 shares in the last quarter. HF Advisory Group LLC lifted its stake in shares of Texas Instruments by 0.6% in the fourth quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company's stock worth $1,602,000 after buying an additional 52 shares in the last quarter. Blossom Wealth Management lifted its stake in shares of Texas Instruments by 5.1% in the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock worth $213,000 after buying an additional 55 shares in the last quarter. OLD Second National Bank of Aurora boosted its position in Texas Instruments by 11.1% during the fourth quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company's stock worth $107,000 after acquiring an additional 57 shares during the last quarter. Finally, Avitas Wealth Management LLC grew its stake in Texas Instruments by 0.5% during the 4th quarter. Avitas Wealth Management LLC now owns 10,835 shares of the semiconductor company's stock valued at $2,032,000 after acquiring an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

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Texas Instruments Stock Performance

TXN traded down $2.43 on Thursday, hitting $182.06. 1,113,096 shares of the company traded hands, compared to its average volume of 5,345,219. The stock has a market capitalization of $165.66 billion, a PE ratio of 35.10, a PEG ratio of 3.30 and a beta of 0.98. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The company has a 50 day moving average of $186.90 and a 200-day moving average of $194.99. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating 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 company posted $1.49 EPS. Sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.99%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments's payout ratio is 104.82%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TXN. Truist Financial dropped their price target on Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a research report on Friday, January 24th. Mizuho dropped their target price on Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a report on Friday, January 24th. Barclays reduced their price target 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. Cantor Fitzgerald restated a "neutral" rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Benchmark reaffirmed a "buy" rating and set a $230.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $209.20.

Insider Transactions at Texas Instruments

In related news, Chairman Richard K. Templeton sold 97,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares of the company's stock, valued at $80,872,804.41. This trade represents a 19.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of 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 position. 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. 0.57% of the stock is currently owned by company insiders.

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.