Bontempo Ohly Capital Mgmt LLC Has $4.48 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Bontempo Ohly Capital Mgmt LLC reduced its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,915 shares of the semiconductor company’s stock after selling 245 shares during the quarter. Texas Instruments accounts for approximately 2.2% of Bontempo Ohly Capital Mgmt LLC’s portfolio, making the stock its 9th largest holding. Bontempo Ohly Capital Mgmt LLC’s holdings in Texas Instruments were worth $4,484,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. HF Advisory Group LLC boosted its position in Texas Instruments by 0.6% during the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company’s stock valued at $1,602,000 after buying an additional 52 shares during the period. Blossom Wealth Management boosted its holdings in shares of Texas Instruments by 5.1% during the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company’s stock worth $213,000 after purchasing an additional 55 shares during the period. Gerber Kawasaki Wealth & Investment Management grew its stake in shares of Texas Instruments by 1.8% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company’s stock worth $598,000 after purchasing an additional 56 shares during the last quarter. OLD Second National Bank of Aurora increased its holdings in Texas Instruments by 11.1% during the 4th quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company’s stock valued at $107,000 after purchasing an additional 57 shares during the period. Finally, Voya Financial Advisors Inc. raised its position in Texas Instruments by 1.6% during the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company’s stock valued at $686,000 after purchasing an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Transactions at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $202.68, for a total value of $19,659,960.00. Following the completion of the transaction, the chairman now owns 409,089 shares of the company’s stock, valued at $82,914,158.52. This represents a 19.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now owns 10,816 shares of the company’s stock, valued at $2,202,353.92. This represents a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 297,065 shares of company stock valued at $59,734,685 over the last three months. Corporate insiders own 0.57% of the company’s stock.

Texas Instruments Trading Down 1.3 %

NASDAQ:TXN opened at $162.42 on Tuesday. The firm has a market capitalization of $147.55 billion, a price-to-earnings ratio of 31.29, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The business has a fifty day moving average price of $169.55 and a 200-day moving average price of $185.90. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $220.39.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.06 by $0.22. The firm had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 earnings per share. Sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be given a $1.36 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.35%. Texas Instruments’s payout ratio is currently 103.23%.

Wall Street Analysts Forecast Growth

TXN has been the subject of a number of recent analyst reports. UBS Group decreased their target price on Texas Instruments from $225.00 to $215.00 and set a “buy” rating for the company in a report on Thursday, April 24th. TD Securities restated a “hold” rating and issued a $160.00 price objective on shares of Texas Instruments in a report on Thursday, April 24th. Wells Fargo & Company cut their target price on shares of Texas Instruments from $200.00 to $175.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 24th. Rosenblatt Securities reissued a “buy” rating and issued a $216.00 price target on shares of Texas Instruments in a research note on Thursday, April 24th. Finally, Robert W. Baird upgraded shares of Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 target price on the stock in a report on Monday, April 7th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $189.41.

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.