KLCM Advisors Inc. Sells 353 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

KLCM Advisors Inc. decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 9.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,228 shares of the semiconductor company’s stock after selling 353 shares during the period. KLCM Advisors Inc.’s holdings in Texas Instruments were worth $550,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fairfield Bush & CO. bought a new stake in shares of Texas Instruments during the first quarter valued at approximately $56,000. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Texas Instruments by 32.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 996,880 shares of the semiconductor company’s stock valued at $182,908,000 after acquiring an additional 243,907 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Texas Instruments by 7.4% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,023 shares of the semiconductor company’s stock valued at $1,105,000 after acquiring an additional 413 shares in the last quarter. Wsfs Capital Management LLC bought a new stake in shares of Texas Instruments during the first quarter valued at approximately $337,000. Finally, Bridgefront Capital LLC bought a new stake in shares of Texas Instruments during the first quarter valued at approximately $315,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Performance

Shares of Texas Instruments stock traded down $0.57 on Wednesday, hitting $167.02. 1,555,600 shares of the company’s stock were exchanged, compared to its average volume of 5,429,608. The stock has a market capitalization of $152.00 billion, a PE ratio of 23.74, a PEG ratio of 3.58 and a beta of 1.04. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $188.12. The company has a 50-day simple moving average of $167.95 and a 200-day simple moving average of $161.68. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55.

Texas Instruments (NASDAQ:TXNGet Free Report) last announced its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.46 by $0.03. The firm had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The company’s revenue was down 12.7% on a year-over-year basis. During the same period last year, the firm earned $2.13 EPS. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Wednesday, January 31st were given a dividend of $1.30 per share. The ex-dividend date was Tuesday, January 30th. This represents a $5.20 annualized dividend and a dividend yield of 3.11%. Texas Instruments’s payout ratio is 73.65%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on TXN shares. TD Cowen raised their price target on shares of Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a research report on Wednesday, January 24th. Evercore ISI began coverage on shares of Texas Instruments in a report on Tuesday. They issued an “outperform” rating and a $213.00 target price on the stock. Morgan Stanley raised their target price on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a report on Wednesday, January 24th. Rosenblatt Securities restated a “buy” rating and issued a $190.00 target price on shares of Texas Instruments in a report on Tuesday, January 23rd. Finally, Mizuho dropped their target price on shares of Texas Instruments from $170.00 to $164.00 and set a “neutral” rating on the stock in a report on Wednesday, January 24th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $176.68.

Get Our Latest Report on TXN

Insider Activity

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total value of $278,778.40. Following the sale, the director now directly owns 11,693 shares in the company, valued at approximately $1,869,126.05. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.68% of the company’s stock.

Texas Instruments Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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