Radnor Capital Management LLC Sells 2,295 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Radnor Capital Management LLC decreased its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 33.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,645 shares of the semiconductor company's stock after selling 2,295 shares during the quarter. Radnor Capital Management LLC's holdings in Texas Instruments were worth $871,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. MidAtlantic Capital Management Inc. acquired a new stake in Texas Instruments during the 3rd quarter valued at approximately $28,000. Tsfg LLC increased its holdings in Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company's stock valued at $38,000 after buying an additional 82 shares during the last quarter. Capital Performance Advisors LLP bought a new position in Texas Instruments during the 3rd quarter worth approximately $39,000. FSA Wealth Management LLC acquired a new stake in shares of Texas Instruments during the 3rd quarter valued at approximately $41,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of Texas Instruments during the third quarter worth $43,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Price Performance

TXN traded down $10.14 during midday trading on Thursday, hitting $187.37. The company had a trading volume of 7,458,264 shares, compared to its average volume of 5,305,045. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38. The firm's 50-day simple moving average is $195.95 and its 200-day simple moving average is $199.74. The company has a market capitalization of $170.92 billion, a PE ratio of 34.83, a P/E/G ratio of 3.69 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.09. The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. Texas Instruments's revenue for the quarter was down 8.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.80 earnings per share. Equities research analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company 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 $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.90%. Texas Instruments's payout ratio is 101.12%.

Insider Buying and Selling

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of the firm's 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 directly owns 20,461 shares of the company's stock, valued at approximately $4,272,256.80. This trade represents a 32.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the company's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now owns 14,323 shares of the company's stock, valued at $2,912,295.59. The trade was a 42.39 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TXN. Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 price target on shares of Texas Instruments in a report on Wednesday, October 23rd. Benchmark reissued a "buy" rating and set a $230.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Rosenblatt Securities reiterated a "buy" rating and set a $250.00 price target on shares of Texas Instruments in a research report on Wednesday, October 23rd. Wells Fargo & Company lowered their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating on the stock in a research note on Monday. Finally, Evercore ISI upped their target price on Texas Instruments from $268.00 to $298.00 and gave the company an "outperform" rating in a report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $209.71.

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.