Ieq Capital LLC Sells 10,521 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Ieq Capital LLC decreased its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 21.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,239 shares of the semiconductor company's stock after selling 10,521 shares during the period. Ieq Capital LLC's holdings in Texas Instruments were worth $7,170,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Cahill Financial Advisors Inc. lifted its position 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 worth $298,000 after buying an additional 49 shares during the last quarter. KCM Investment Advisors LLC lifted its holdings in shares of Texas Instruments by 1.4% in 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 last quarter. Lansing Street Advisors boosted its stake in shares of Texas Instruments by 4.7% in the 3rd quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company's stock valued at $233,000 after purchasing an additional 51 shares in the last quarter. NorthCrest Asset Manangement LLC grew its holdings in shares of Texas Instruments by 1.1% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company's stock valued at $1,030,000 after purchasing an additional 52 shares during the last quarter. Finally, ABLE Financial Group LLC raised its position in Texas Instruments by 2.9% in the 3rd quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company's stock worth $376,000 after purchasing an additional 52 shares during the period. Institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Down 1.0 %

Texas Instruments stock traded down $1.96 during trading hours on Friday, hitting $202.00. 7,349,861 shares of the stock traded hands, compared to its average volume of 6,488,266. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.38. The company has a market cap of $183.89 billion, a PE ratio of 38.92, a PEG ratio of 3.17 and a beta of 0.97. The firm's 50-day moving average price is $188.23 and its two-hundred day moving average price is $197.27. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released 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 firm earned $1.49 EPS. On average, research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were paid a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments's payout ratio is 104.82%.

Insider Transactions at Texas Instruments

In related news, Director Mark A. Blinn sold 590 shares of the firm's 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 completion of the sale, the director now owns 11,717 shares of the company's stock, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the business's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, the director now owns 14,323 shares of the company's stock, 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. Insiders own 0.68% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Rosenblatt Securities restated a "buy" rating and set a $250.00 price target on shares of Texas Instruments in a research report on Tuesday, January 21st. Cantor Fitzgerald restated a "neutral" rating and set a $200.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Truist Financial decreased their price target on Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a research note on Friday, January 24th. Mizuho dropped their price objective on Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a research note on Friday, January 24th. Finally, Benchmark restated a "buy" rating and issued a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $209.20.

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.