Human Investing LLC Sells 1,513 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Human Investing LLC reduced its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 32.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,218 shares of the semiconductor company's stock after selling 1,513 shares during the quarter. Human Investing LLC's holdings in Texas Instruments were worth $603,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in TXN. Cahill Financial Advisors Inc. boosted its position in Texas Instruments by 3.5% during the 3rd quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company's stock worth $298,000 after acquiring an additional 49 shares during the period. KCM Investment Advisors LLC boosted its position in Texas Instruments by 1.4% during the 3rd quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company's stock worth $738,000 after acquiring an additional 50 shares during the period. Lansing Street Advisors boosted its position in Texas Instruments by 4.7% during the 3rd quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company's stock worth $233,000 after acquiring an additional 51 shares during the period. NorthCrest Asset Manangement LLC boosted its position in Texas Instruments by 1.1% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company's stock worth $1,030,000 after acquiring an additional 52 shares during the period. Finally, ABLE Financial Group LLC boosted its position in Texas Instruments by 2.9% during the 3rd quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company's stock worth $376,000 after acquiring an additional 52 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Trading Up 3.9 %

Shares of NASDAQ TXN traded up $7.64 during mid-day trading on Thursday, hitting $203.96. 9,187,820 shares of the company traded hands, compared to its average volume of 6,462,083. The stock has a market capitalization of $186.06 billion, a price-to-earnings ratio of 39.30, a PEG ratio of 3.02 and a beta of 0.97. Texas Instruments Incorporated has a 1 year low of $159.11 and a 1 year high of $220.38. 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 business has a 50 day moving average of $187.99 and a two-hundred day moving average of $197.23.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share 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 last year, the business earned $1.49 EPS. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

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

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the company's stock in a transaction dated 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 directly owns 11,717 shares of the company's stock, valued at $2,117,379.07. This represents a 4.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the company's stock in a transaction dated 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 completion of the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

TXN has been the subject of a number of analyst reports. Evercore ISI boosted their price target on Texas Instruments from $268.00 to $298.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 23rd. Truist Financial cut their price objective on Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a report on Friday, January 24th. Summit Insights upgraded Texas Instruments from a "hold" rating to a "buy" rating in a report on Wednesday, October 23rd. Cantor Fitzgerald restated a "neutral" rating and issued a $200.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Finally, Morgan Stanley upped their price objective on Texas Instruments from $154.00 to $167.00 and gave the company an "underweight" rating in a report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and an average target price 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.