Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Decreased by Northside Capital Management LLC

Northside Capital Management LLC reduced its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 237,138 shares of the semiconductor company's stock after selling 1,730 shares during the quarter. Texas Instruments comprises about 11.8% of Northside Capital Management LLC's portfolio, making the stock its 2nd biggest position. Northside Capital Management LLC's holdings in Texas Instruments were worth $44,466,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TXN. Cahill Financial Advisors Inc. lifted its stake in Texas Instruments by 3.5% during the 3rd quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company's stock valued at $298,000 after acquiring an additional 49 shares in the last quarter. KCM Investment Advisors LLC lifted its stake in shares of Texas Instruments by 1.4% during the 3rd quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company's stock valued at $738,000 after buying an additional 50 shares in the last quarter. Lansing Street Advisors boosted its holdings in shares of Texas Instruments by 4.7% in the third quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company's stock worth $233,000 after acquiring an additional 51 shares during the period. NorthCrest Asset Manangement LLC grew its holdings in 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 buying an additional 52 shares in the last quarter. Finally, ABLE Financial Group LLC increased its holdings in Texas Instruments by 2.9% during the 3rd quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company's stock worth $376,000 after acquiring an additional 52 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $208.80, for a total value of $2,085,912.00. Following the transaction, the director now owns 20,461 shares in the company, valued at $4,272,256.80. This represents a 32.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ronald Kirk sold 10,539 shares of the firm'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 directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

Texas Instruments Stock Down 5.1 %

TXN traded down $10.14 during trading on Thursday, hitting $187.37. 7,458,264 shares of the company's stock traded hands, compared to its average volume of 5,305,045. The stock has a market capitalization of $170.92 billion, a price-to-earnings ratio of 34.83, a PEG ratio of 3.69 and a beta of 0.98. The company's 50 day simple moving average is $195.95 and its two-hundred day simple moving average is $199.74. Texas Instruments Incorporated has a 12-month low of $155.46 and a 12-month high of $220.38. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.38 by $0.09. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same period last year, the company earned $1.80 EPS. Texas Instruments's revenue for the quarter was down 8.4% on a year-over-year basis. Analysts predict that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.90%. Texas Instruments's dividend payout ratio (DPR) is 101.12%.

Wall Street Analysts Forecast Growth

TXN has been the topic of a number of research analyst reports. Bank of America decreased their target price on Texas Instruments from $220.00 to $215.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 23rd. Benchmark reissued a "buy" rating and issued a $230.00 price target on shares of Texas Instruments in a research note on Wednesday, October 23rd. Mizuho set a $200.00 price objective on Texas Instruments in a research note on Friday, October 18th. Barclays cut their target price on Texas Instruments from $210.00 to $200.00 and set an "equal weight" rating on the stock in a research note on Wednesday, October 23rd. Finally, Truist Financial reduced their price objective on shares of Texas Instruments from $198.00 to $190.00 and set a "hold" rating on the stock in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $209.71.

Texas Instruments Company 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.