3,554 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Purchased by North Forty Two & Co.

North Forty Two & Co. purchased a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,554 shares of the semiconductor company's stock, valued at approximately $666,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Howard Capital Management Group LLC bought a new stake in Texas Instruments in the 3rd quarter valued at $202,000. Thrivent Financial for Lutherans grew its position in Texas Instruments by 1.5% during the third quarter. Thrivent Financial for Lutherans now owns 74,305 shares of the semiconductor company's stock worth $15,349,000 after buying an additional 1,095 shares in the last quarter. Quest Partners LLC bought a new position in Texas Instruments during the third quarter valued at about $226,000. LMR Partners LLP acquired a new position in Texas Instruments in the 3rd quarter valued at approximately $2,694,000. Finally, Drive Wealth Management LLC grew its holdings in shares of Texas Instruments by 15.9% during the 3rd quarter. Drive Wealth Management LLC now owns 1,280 shares of the semiconductor company's stock worth $264,000 after purchasing an additional 176 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Down 0.9 %

NASDAQ:TXN traded down $1.68 during trading hours on Friday, reaching $179.00. 11,789,596 shares of the stock were exchanged, compared to its average volume of 5,358,604. The stock has a market cap of $162.88 billion, a PE ratio of 34.49, a PEG ratio of 3.30 and a beta of 0.98. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.39. The firm has a 50 day moving average of $187.47 and a 200 day moving average of $195.33. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

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Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping 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 quarter in the previous year, the business earned $1.49 earnings per share. On average, equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments's dividend payout ratio is currently 104.82%.

Insider Buying and Selling

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the company's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the sale, the chairman now directly owns 409,089 shares of the company's stock, valued at approximately $80,872,804.41. This represents a 19.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction dated 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 transaction, the director now directly owns 11,717 shares of the company's stock, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 297,655 shares of company stock worth $59,841,304. Corporate insiders own 0.57% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on TXN shares. Wells Fargo & Company reduced their target price on Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. 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. Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Truist Financial dropped their price objective on Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a research note on Friday, January 24th. Finally, Benchmark reiterated a "buy" rating and set a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Two investment 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 has a consensus rating of "Hold" and a consensus target price of $209.20.

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.