Shelton Capital Management Has $28.59 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Shelton Capital Management increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,463 shares of the semiconductor company's stock after purchasing an additional 3,770 shares during the period. Texas Instruments accounts for about 0.7% of Shelton Capital Management's investment portfolio, making the stock its 19th largest holding. Shelton Capital Management's holdings in Texas Instruments were worth $28,588,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of TXN. HF Advisory Group LLC grew its holdings in shares of Texas Instruments by 0.6% in the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company's stock worth $1,602,000 after acquiring an additional 52 shares during the last quarter. Blossom Wealth Management raised its holdings in Texas Instruments by 5.1% during the 4th quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock worth $213,000 after buying an additional 55 shares during the period. OLD Second National Bank of Aurora boosted its holdings in shares of Texas Instruments by 11.1% in the fourth quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company's stock worth $107,000 after buying an additional 57 shares during the period. Avitas Wealth Management LLC raised its holdings in shares of Texas Instruments by 0.5% during the fourth quarter. Avitas Wealth Management LLC now owns 10,835 shares of the semiconductor company's stock valued at $2,032,000 after acquiring an additional 59 shares during the period. Finally, Augustine Asset Management Inc. raised its holdings in shares of Texas Instruments by 5.2% during the fourth quarter. Augustine Asset Management Inc. now owns 1,204 shares of the semiconductor company's stock valued at $226,000 after acquiring an additional 60 shares during the period. Institutional investors own 84.99% of the company's stock.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 590 shares of the business's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Richard K. Templeton sold 97,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the sale, the chairman now owns 409,089 shares of the company's stock, valued at $80,872,804.41. This represents a 19.17 % 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 valued at $59,841,304. 0.57% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on TXN shares. Mizuho cut their target price on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a research note on Friday, January 24th. Rosenblatt Securities restated a "buy" rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Barclays dropped their target price on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a report on Friday, January 24th. Citigroup dropped their price objective on shares of Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a research note on Friday. Finally, Truist Financial dropped their price target on shares of 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 analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $207.95.

Texas Instruments Stock Performance

TXN stock traded down $9.00 during mid-day trading on Friday, reaching $147.60. 21,101,622 shares of the stock traded hands, compared to its average volume of 6,078,235. The firm has a market capitalization of $134.30 billion, a PE ratio of 28.44, a P/E/G ratio of 3.30 and a beta of 0.99. The business has a 50-day moving average of $180.26 and a two-hundred day moving average of $191.24. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the prior year, the business posted $1.49 earnings per share. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

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

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.