Jacobson & Schmitt Advisors LLC Boosts Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Jacobson & Schmitt Advisors LLC boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 10.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 51,533 shares of the semiconductor company's stock after purchasing an additional 4,810 shares during the quarter. Texas Instruments makes up 1.9% of Jacobson & Schmitt Advisors LLC's investment portfolio, making the stock its 28th largest position. Jacobson & Schmitt Advisors LLC's holdings in Texas Instruments were worth $9,663,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. boosted its stake in shares of Texas Instruments by 948.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 4,794,646 shares of the semiconductor company's stock valued at $899,044,000 after purchasing an additional 4,337,295 shares in the last quarter. Van ECK Associates Corp lifted its stake in Texas Instruments by 21.8% in the fourth quarter. Van ECK Associates Corp now owns 7,513,870 shares of the semiconductor company's stock worth $1,408,925,000 after purchasing an additional 1,345,629 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Texas Instruments by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company's stock valued at $3,976,562,000 after buying an additional 782,053 shares during the period. International Assets Investment Management LLC increased its holdings in shares of Texas Instruments by 17,253.3% in the third quarter. International Assets Investment Management LLC now owns 613,440 shares of the semiconductor company's stock worth $126,718,000 after buying an additional 609,905 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Texas Instruments by 2.3% in the third quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company's stock worth $4,382,936,000 after buying an additional 487,892 shares during the period. 84.99% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Wells Fargo & Company reduced their price target on 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. Rosenblatt Securities reaffirmed a "buy" rating and issued a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Truist Financial cut their price target on shares of Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a report on Friday, January 24th. Benchmark reaffirmed a "buy" rating and issued a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Barclays cut their target price on shares of Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $209.20.

Insider Activity

In other news, Director Mark A. Blinn sold 590 shares of the business'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 in the company, valued at $2,117,379.07. The trade was 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 this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the sale, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

Texas Instruments Stock Performance

Shares of TXN traded down $1.74 during trading hours on Friday, hitting $202.22. The stock had a trading volume of 4,665,173 shares, compared to its average volume of 6,403,019. The firm has a market capitalization of $184.09 billion, a PE ratio of 38.97, a PEG ratio of 3.17 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. Texas Instruments Incorporated has a 12 month low of $159.11 and a 12 month high of $220.38. The stock has a fifty day moving average price of $188.23 and a 200 day moving average price of $197.27.

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 (EPS) for the quarter, beating analysts' consensus estimates 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 in the prior year, the company posted $1.49 earnings per share. Analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

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

About Texas Instruments

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.