Texas Instruments Incorporated (NASDAQ:TXN) Holdings Reduced by Colonial Trust Advisors

Colonial Trust Advisors decreased its position in Texas Instruments Incorporated (NASDAQ:TXN) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,870 shares of the semiconductor company’s stock after selling 777 shares during the period. Colonial Trust Advisors’ holdings in Texas Instruments were worth $6,726,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Promus Capital LLC bought a new position in shares of Texas Instruments in the fourth quarter valued at approximately $25,000. Financial Life Planners acquired a new stake in Texas Instruments during the fourth quarter valued at approximately $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments during the fourth quarter valued at approximately $27,000. Summit Securities Group LLC acquired a new stake in Texas Instruments during the fourth quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in Texas Instruments during the fourth quarter valued at approximately $28,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Up 16.1 %

Shares of NASDAQ:TXN opened at $169.50 on Thursday. Texas Instruments Incorporated has a one year low of $143.31 and a one year high of $220.39. The company has a 50 day moving average of $181.41 and a 200-day moving average of $192.10. 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 stock has a market cap of $154.23 billion, a price-to-earnings ratio of 32.66, a P/E/G ratio of 3.30 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the previous year, the business posted $1.49 earnings per share. On average, sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date was Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the sale, the director now directly owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. This represents a 35.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the sale, the chairman now directly owns 409,089 shares in the company, valued at $82,930,522.08. This trade represents a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 297,655 shares of company stock worth $59,841,304. 0.57% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TXN. Benchmark restated a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a research report on Tuesday, January 21st. Barclays cut their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Robert W. Baird upgraded shares of Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 target price for the company in a research report on Monday. Finally, Baird R W upgraded shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Monday. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $209.20.

About Texas Instruments

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.