American Trust Has $4.92 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

American Trust lessened its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 20.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,829 shares of the semiconductor company's stock after selling 6,248 shares during the quarter. American Trust's holdings in Texas Instruments were worth $4,922,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Cahill Financial Advisors Inc. increased its holdings in shares of Texas Instruments by 3.5% during the 3rd quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company's stock worth $298,000 after purchasing an additional 49 shares during the period. KCM Investment Advisors LLC increased its holdings 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 worth $738,000 after purchasing an additional 50 shares during the period. Lansing Street Advisors increased its holdings in shares of Texas Instruments by 4.7% during the 3rd quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company's stock worth $233,000 after purchasing an additional 51 shares during the period. NorthCrest Asset Manangement LLC increased its holdings in shares of Texas Instruments by 1.1% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company's stock worth $1,030,000 after purchasing an additional 52 shares during the period. Finally, ABLE Financial Group LLC increased its holdings in shares of 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 purchasing an additional 52 shares during the period. Institutional investors own 84.99% of the company's stock.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction on Friday, October 25th. The stock was sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the sale, the director now owns 20,461 shares in the company, valued at approximately $4,272,256.80. This trade represents a 32.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

Texas Instruments Price Performance

Shares of TXN traded down $0.12 during mid-day trading on Friday, hitting $191.59. 4,772,693 shares of the company traded hands, compared to its average volume of 5,546,320. Texas Instruments Incorporated has a one year low of $155.46 and a one year 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. The business has a 50-day moving average of $202.35 and a 200 day moving average of $200.61. The stock has a market capitalization of $174.77 billion, a price-to-earnings ratio of 35.63, a PEG ratio of 4.19 and a beta of 0.97.

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

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st were paid a $1.36 dividend. The ex-dividend date was Thursday, October 31st. This is a boost from Texas Instruments's previous quarterly dividend of $1.30. This represents a $5.44 dividend on an annualized basis and a yield of 2.84%. Texas Instruments's dividend payout ratio (DPR) is presently 101.12%.

Wall Street Analysts Forecast Growth

TXN has been the topic of several research reports. Mizuho set a $200.00 price objective on shares of Texas Instruments in a report on Friday, October 18th. Benchmark reissued a "buy" rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Wednesday, October 23rd. Evercore ISI increased their price target on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 23rd. Truist Financial dropped their price target on shares of Texas Instruments from $198.00 to $190.00 and set a "hold" rating for the company in a research report on Wednesday, October 23rd. Finally, Barclays dropped their price target on shares of Texas Instruments from $210.00 to $200.00 and set an "equal weight" rating for the company in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $210.05.

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.