Landscape Capital Management L.L.C. Acquires Shares of 4,657 Texas Instruments Incorporated (NASDAQ:TXN)

Landscape Capital Management L.L.C. bought a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,657 shares of the semiconductor company's stock, valued at approximately $873,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Fiduciary Alliance LLC lifted its holdings in shares of Texas Instruments by 25.3% in the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company's stock valued at $6,901,000 after purchasing an additional 7,424 shares during the last quarter. Ameritas Advisory Services LLC lifted its stake in shares of Texas Instruments by 73.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company's stock worth $1,639,000 after acquiring an additional 3,707 shares during the period. HB Wealth Management LLC raised its holdings in Texas Instruments by 4.4% during the fourth quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company's stock worth $18,724,000 after purchasing an additional 4,238 shares in the last quarter. Hamlin Capital Management LLC lifted its position in Texas Instruments by 9.2% in the fourth quarter. Hamlin Capital Management LLC now owns 871,623 shares of the semiconductor company's stock valued at $163,438,000 after purchasing an additional 73,715 shares during the period. Finally, Franklin Resources Inc. increased its position in Texas Instruments by 0.8% during the 3rd quarter. Franklin Resources Inc. now owns 7,025,965 shares of the semiconductor company's stock worth $1,466,003,000 after purchasing an additional 55,690 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on TXN shares. Benchmark reiterated a "buy" rating and issued a $230.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Rosenblatt Securities reaffirmed a "buy" rating and set a $250.00 price objective on shares of Texas Instruments in a report on Tuesday, January 21st. Cantor Fitzgerald reiterated a "neutral" rating and set a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Mizuho dropped their target price on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a report on Friday, January 24th. Finally, 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 research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Texas Instruments has a consensus rating of "Hold" and an average target price of $207.95.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded down $9.00 on Friday, hitting $147.60. The company's stock had a trading volume of 21,101,622 shares, compared to its average volume of 6,075,826. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The stock's 50-day moving average is $180.26 and its two-hundred day moving average is $191.36. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The company has a market capitalization of $134.30 billion, a price-to-earnings ratio of 28.44, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99.

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 (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 firm earned $1.49 earnings per share. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.69%. The ex-dividend date was Friday, January 31st. Texas Instruments's dividend payout ratio is currently 104.82%.

Insider Activity at Texas Instruments

In related news, Director Janet F. Clark sold 6,065 shares of the business's stock in a transaction 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 transaction, the director now owns 10,816 shares of the company's stock, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the sale, the chairman now owns 409,089 shares in the company, valued at $82,930,522.08. This represents a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 297,655 shares of company stock valued at $59,841,304. Insiders own 0.57% of the company's stock.

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.