D L Carlson Investment Group Inc. Sells 319 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

D L Carlson Investment Group Inc. trimmed its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,235 shares of the semiconductor company’s stock after selling 319 shares during the quarter. Texas Instruments makes up about 0.8% of D L Carlson Investment Group Inc.’s portfolio, making the stock its 28th biggest holding. D L Carlson Investment Group Inc.’s holdings in Texas Instruments were worth $4,732,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in TXN. Howard Capital Management Group LLC bought a new stake in Texas Instruments in the third quarter valued at approximately $202,000. Captrust Financial Advisors raised its holdings in Texas Instruments by 0.4% in the 3rd quarter. Captrust Financial Advisors now owns 95,644 shares of the semiconductor company’s stock valued at $19,757,000 after acquiring an additional 354 shares during the period. Caisse DE Depot ET Placement DU Quebec boosted its holdings in shares of Texas Instruments by 207.5% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 467,811 shares of the semiconductor company’s stock worth $96,636,000 after acquiring an additional 315,672 shares during the period. Edgestream Partners L.P. acquired a new position in shares of Texas Instruments in the third quarter valued at approximately $229,000. Finally, Maverick Capital Ltd. acquired a new position in Texas Instruments in the 3rd quarter valued at $1,388,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling

In other news, Chairman Richard K. Templeton sold 97,000 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the sale, the chairman now owns 409,089 shares in the company, valued at approximately $82,930,522.08. This trade represents a 19.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 297,655 shares of company stock worth $59,841,304. Corporate insiders own 0.57% of the company’s stock.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $176.33 on Monday. The business’s fifty day moving average is $186.45 and its 200 day moving average is $194.62. The firm has a market cap of $160.45 billion, a price-to-earnings ratio of 33.97, a PEG ratio of 3.30 and a beta of 0.98. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. Texas Instruments Incorporated has a 52-week low of $159.11 and a 52-week high of $220.39.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period in the prior year, the business earned $1.49 EPS. Research analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 3.09%. Texas Instruments’s payout ratio is currently 104.82%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on TXN shares. Benchmark reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Truist Financial dropped their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 21st. Mizuho cut their target price on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and a consensus price target of $209.20.

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.