Human Investing LLC Sells 1,513 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Human Investing LLC lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 32.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,218 shares of the semiconductor company’s stock after selling 1,513 shares during the period. Human Investing LLC’s holdings in Texas Instruments were worth $603,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Assenagon Asset Management S.A. raised its position in Texas Instruments by 948.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 4,794,646 shares of the semiconductor company’s stock valued at $899,044,000 after purchasing an additional 4,337,295 shares during the last quarter. Van ECK Associates Corp raised its position in Texas Instruments by 21.8% during the 4th quarter. Van ECK Associates Corp now owns 7,513,870 shares of the semiconductor company’s stock valued at $1,408,925,000 after purchasing an additional 1,345,629 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Texas Instruments by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company’s stock valued at $3,976,562,000 after purchasing an additional 782,053 shares during the last quarter. International Assets Investment Management LLC raised its position in Texas Instruments by 17,253.3% during the 3rd quarter. International Assets Investment Management LLC now owns 613,440 shares of the semiconductor company’s stock valued at $126,718,000 after purchasing an additional 609,905 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Texas Instruments by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company’s stock valued at $4,382,936,000 after purchasing an additional 487,892 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Insider Activity

In related news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. This represents a 4.79 % 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.

Analysts Set New Price Targets

A number of research firms have commented on TXN. Bank of America lowered their price target on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Truist Financial reduced their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a report on Friday, January 24th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $209.20.

Texas Instruments Stock Performance

TXN stock opened at $183.03 on Monday. The stock has a market capitalization of $166.96 billion, a PE ratio of 35.27, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 12-month low of $158.90 and a 12-month high of $220.38. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The stock’s 50 day simple moving average is $188.18 and its 200 day simple moving average is $197.36.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) 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 period in the previous year, the firm posted $1.49 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

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 dividend of $1.36 per share. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.97%. Texas Instruments’s payout ratio is 104.82%.

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.