Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Consolidated Planning Corp

Consolidated Planning Corp lowered its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Get Rating) by 4.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,445 shares of the semiconductor company’s stock after selling 66 shares during the quarter. Consolidated Planning Corp’s holdings in Texas Instruments were worth $224,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TXN. Price T Rowe Associates Inc. MD lifted its holdings in Texas Instruments by 43.1% in the second quarter. Price T Rowe Associates Inc. MD now owns 21,113,372 shares of the semiconductor company’s stock valued at $3,244,069,000 after acquiring an additional 6,363,962 shares during the period. Franklin Resources Inc. lifted its holdings in Texas Instruments by 18.0% in the second quarter. Franklin Resources Inc. now owns 13,183,584 shares of the semiconductor company’s stock valued at $2,025,659,000 after acquiring an additional 2,014,373 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Texas Instruments by 13.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 14,638,302 shares of the semiconductor company’s stock valued at $2,685,836,000 after acquiring an additional 1,779,273 shares during the period. Barclays PLC lifted its holdings in Texas Instruments by 125.9% in the third quarter. Barclays PLC now owns 3,093,266 shares of the semiconductor company’s stock valued at $478,775,000 after acquiring an additional 1,723,725 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in Texas Instruments by 182.1% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 1,628,890 shares of the semiconductor company’s stock valued at $252,120,000 after acquiring an additional 1,051,548 shares during the period. Institutional investors and hedge funds own 83.12% of the company’s stock.

Texas Instruments Stock Down 0.4 %

Shares of NASDAQ:TXN opened at $176.35 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 4.06 and a current ratio of 4.92. Texas Instruments Incorporated has a 1 year low of $144.46 and a 1 year high of $191.34. The stock has a market capitalization of $160.05 billion, a P/E ratio of 18.56, a PEG ratio of 2.41 and a beta of 1.02. The stock has a 50-day simple moving average of $172.92 and a 200-day simple moving average of $168.62.

Texas Instruments (NASDAQ:TXN – Get Rating) last issued its earnings results on Tuesday, October 25th. The semiconductor company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.37 by $0.08. The business had revenue of $5.24 billion during the quarter, compared to analysts’ expectations of $5.10 billion. Texas Instruments had a return on equity of 63.68% and a net margin of 44.21%. Equities analysts forecast that Texas Instruments Incorporated will post 9.23 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 14th. Investors of record on Tuesday, January 31st will be given a dividend of $1.24 per share. This represents a $4.96 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Monday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 51.99%.

Insider Buying and Selling

In related news, Director Janet F. Clark sold 9,990 shares of Texas Instruments stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $175.16, for a total value of $1,749,848.40. Following the completion of the sale, the director now owns 8,942 shares in the company, valued at $1,566,280.72. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, VP Ahmad Bahai sold 1,109 shares of the firm’s stock in a transaction on Friday, November 11th. The stock was sold at an average price of $180.01, for a total transaction of $199,631.09. Following the transaction, the vice president now directly owns 27,306 shares in the company, valued at $4,915,353.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Janet F. Clark sold 9,990 shares of Texas Instruments stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of $175.16, for a total transaction of $1,749,848.40. Following the completion of the transaction, the director now directly owns 8,942 shares of the company’s stock, valued at $1,566,280.72. The disclosure for this sale can be found here. 0.54% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Robert W. Baird lifted their price target on Texas Instruments from $160.00 to $180.00 in a research note on Wednesday. Deutsche Bank Aktiengesellschaft lifted their price objective on Texas Instruments from $155.00 to $158.00 in a research report on Wednesday, December 14th. Truist Financial lifted their price objective on Texas Instruments from $158.00 to $177.00 and gave the stock a “hold” rating in a research report on Monday. KeyCorp dropped their price objective on Texas Instruments from $220.00 to $210.00 and set an “overweight” rating for the company in a research report on Wednesday, October 26th. Finally, Mizuho lifted their price objective on Texas Instruments from $159.00 to $165.00 in a research report on Wednesday. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $179.63.

Texas Instruments Company Profile

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Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. It operates through the following segments: Analog and Embedded Processing.