Curbstone Financial Management Corp Decreases Position in Texas Instruments Incorporated (NASDAQ:TXN)


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Curbstone Financial Management Corp lessened its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 2.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,100 shares of the semiconductor company’s stock after selling 150 shares during the quarter. Curbstone Financial Management Corp’s holdings in Texas Instruments were worth $1,342,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Delta Asset Management LLC TN raised its position in Texas Instruments by 198.2% in the 4th quarter. Delta Asset Management LLC TN now owns 170 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 113 shares during the period. Lloyd Advisory Services LLC. purchased a new position in Texas Instruments in the 4th quarter worth $30,000. TRU Independence Asset Management 2 LLC purchased a new position in shares of Texas Instruments in the fourth quarter valued at about $30,000. Curi Capital purchased a new position in shares of Texas Instruments in the fourth quarter valued at about $30,000. Finally, Encompass Wealth Advisors LLC purchased a new position in shares of Texas Instruments in the fourth quarter valued at about $30,000. Institutional investors own 83.12% of the company’s stock.

NASDAQ:TXN traded up $0.74 during mid-day trading on Thursday, hitting $193.83. 53,412 shares of the company’s stock were exchanged, compared to its average volume of 4,875,596. The business has a fifty day moving average price of $178.13 and a 200 day moving average price of $163.90. The company has a market cap of $178.37 billion, a PE ratio of 36.50, a P/E/G ratio of 3.10 and a beta of 1.06. Texas Instruments Incorporated has a one year low of $105.30 and a one year high of $197.58. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.24 and a quick ratio of 3.29.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Monday, January 25th. The semiconductor company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.30. The firm had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $3.61 billion. Texas Instruments had a net margin of 36.24% and a return on equity of 61.05%. The business’s revenue was up 21.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.11 earnings per share. On average, equities analysts forecast that Texas Instruments Incorporated will post 5.48 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, February 8th. Stockholders of record on Monday, February 1st were paid a $1.02 dividend. The ex-dividend date of this dividend was Friday, January 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.10%. Texas Instruments’s dividend payout ratio is presently 77.86%.

In other news, SVP Cynthia Hoff Trochu sold 12,890 shares of the business’s stock in a transaction that occurred on Thursday, February 4th. The shares were sold at an average price of $170.92, for a total transaction of $2,203,158.80. Following the completion of the transaction, the senior vice president now directly owns 54,153 shares of the company’s stock, valued at $9,255,830.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Blinn sold 4,703 shares of the business’s stock in a transaction that occurred on Thursday, January 28th. The shares were sold at an average price of $165.25, for a total transaction of $777,170.75. Following the transaction, the director now directly owns 12,491 shares of the company’s stock, valued at $2,064,137.75. The disclosure for this sale can be found here. In the last quarter, insiders sold 544,325 shares of company stock worth $92,809,465. Insiders own 0.73% of the company’s stock.

A number of equities analysts have issued reports on the stock. Truist boosted their price objective on shares of Texas Instruments from $167.00 to $184.00 in a research report on Wednesday, January 27th. Jefferies Financial Group boosted their price objective on shares of Texas Instruments from $185.00 to $206.00 and gave the company a “buy” rating in a research report on Wednesday, January 27th. The Goldman Sachs Group boosted their price objective on shares of Texas Instruments from $162.00 to $171.00 and gave the company a “sell” rating in a research report on Monday, December 14th. Mizuho boosted their price objective on shares of Texas Instruments from $162.00 to $175.00 and gave the company a “neutral” rating in a research report on Wednesday, January 27th. Finally, Oppenheimer lifted their target price on shares of Texas Instruments from $180.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, January 21st. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $169.64.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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