Texas Instruments Incorporated (NASDAQ:TXN) Holdings Decreased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 0.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 386,951 shares of the semiconductor company’s stock after selling 1,107 shares during the period. Nisa Investment Advisors LLC’s holdings in Texas Instruments were worth $72,557,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. MidAtlantic Capital Management Inc. bought a new stake in Texas Instruments in the third quarter worth about $28,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments during the fourth quarter valued at approximately $27,000. Tsfg LLC boosted its holdings in Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after buying an additional 82 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in Texas Instruments in the third quarter worth approximately $39,000. Finally, FSA Wealth Management LLC bought a new position in shares of Texas Instruments in the third quarter valued at $41,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Trading Up 1.5 %

Shares of TXN stock opened at $195.23 on Wednesday. The company has a market cap of $178.09 billion, a PE ratio of 36.29, a price-to-earnings-growth ratio of 3.74 and a beta of 0.98. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. The business’s 50 day moving average is $194.32 and its two-hundred day moving average is $199.61.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.09. The business had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The firm’s revenue was down 8.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.80 EPS. Equities analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 101.12%.

Insiders Place Their Bets

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction that occurred 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 sale, the director now directly owns 20,461 shares of the company’s stock, valued at approximately $4,272,256.80. The trade was a 32.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ronald Kirk sold 10,539 shares of the stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

TXN has been the topic of a number of recent research reports. Robert W. Baird decreased their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Rosenblatt Securities restated a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a report on Tuesday. Barclays decreased their target price on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a report on Wednesday, October 23rd. Wells Fargo & Company cut their price target on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Finally, Evercore ISI raised their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $210.45.

Texas Instruments Company 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.