Lansdowne Partners UK LLP Boosts Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Lansdowne Partners UK LLP increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 27.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,469 shares of the semiconductor company's stock after purchasing an additional 3,524 shares during the period. Texas Instruments makes up about 0.2% of Lansdowne Partners UK LLP's holdings, making the stock its 14th biggest position. Lansdowne Partners UK LLP's holdings in Texas Instruments were worth $3,088,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. HF Advisory Group LLC increased its position in Texas Instruments by 0.6% in the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company's stock valued at $1,602,000 after buying an additional 52 shares in the last quarter. Blossom Wealth Management raised its position in shares of Texas Instruments by 5.1% during the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock worth $213,000 after purchasing an additional 55 shares during the period. OLD Second National Bank of Aurora lifted its holdings in shares of Texas Instruments by 11.1% in the 4th quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company's stock worth $107,000 after purchasing an additional 57 shares in the last quarter. Avitas Wealth Management LLC grew its position in Texas Instruments by 0.5% in the 4th quarter. Avitas Wealth Management LLC now owns 10,835 shares of the semiconductor company's stock valued at $2,032,000 after purchasing an additional 59 shares during the period. Finally, Augustine Asset Management Inc. raised its holdings in Texas Instruments by 5.2% during the fourth quarter. Augustine Asset Management Inc. now owns 1,204 shares of the semiconductor company's stock worth $226,000 after buying an additional 60 shares during the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction dated 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 approximately $82,930,522.08. This trade represents a 19.17 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mark A. Blinn sold 590 shares of the company's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 297,655 shares of company stock valued at $59,841,304. Company insiders own 0.57% of the company's stock.

Texas Instruments Price Performance

TXN traded up $1.79 during trading on Thursday, reaching $148.34. 5,690,642 shares of the company were exchanged, compared to its average volume of 6,132,139. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $220.39. The company's 50-day moving average is $178.34 and its two-hundred day moving average is $190.25. 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 market cap of $134.97 billion, a price-to-earnings ratio of 28.58, a P/E/G ratio of 3.30 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating analysts' consensus estimates 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 last year, the company earned $1.49 earnings per share. Research analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.67%. Texas Instruments's dividend payout ratio is 104.82%.

Analyst Ratings Changes

TXN has been the subject of a number of analyst reports. Mizuho reduced their price objective 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. Barclays decreased their price objective on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating for the company in a report on Friday, January 24th. Citigroup dropped their target price on Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Cantor Fitzgerald reiterated a "neutral" rating and set a $200.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Finally, Truist Financial dropped their price objective 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. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $206.86.

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.