Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Threadgill Financial LLC

Threadgill Financial LLC raised its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 1.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,482 shares of the semiconductor company’s stock after purchasing an additional 90 shares during the period. Texas Instruments comprises 1.0% of Threadgill Financial LLC’s portfolio, making the stock its 25th largest holding. Threadgill Financial LLC’s holdings in Texas Instruments were worth $1,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Annapolis Financial Services LLC raised its holdings in shares of Texas Instruments by 333.3% in the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 120 shares during the last quarter. Briaud Financial Planning Inc purchased a new stake in shares of Texas Instruments during the third quarter worth approximately $25,000. Riverview Trust Co lifted its holdings in shares of Texas Instruments by 57.4% during the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 66 shares during the period. Coppell Advisory Solutions Corp. acquired a new position in Texas Instruments in the 4th quarter valued at $30,000. Finally, AMH Equity Ltd acquired a new stake in shares of Texas Instruments in the 3rd quarter worth $32,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

TXN stock opened at $172.87 on Thursday. The firm has a market cap of $157.32 billion, a P/E ratio of 24.49, a price-to-earnings-growth ratio of 3.61 and a beta of 1.04. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $188.12. The stock has a 50-day simple moving average of $166.42 and a 200-day simple moving average of $160.78. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The business had revenue of $4.08 billion during the quarter, compared to analyst estimates of $4.12 billion. During the same period last year, the business earned $2.13 EPS. The business’s revenue was down 12.7% on a year-over-year basis. On average, equities analysts predict that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Wednesday, January 31st were paid a dividend of $1.30 per share. The ex-dividend date was Tuesday, January 30th. This represents a $5.20 dividend on an annualized basis and a yield of 3.01%. Texas Instruments’s dividend payout ratio (DPR) is 73.65%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on TXN shares. Truist Financial lowered their price objective on Texas Instruments from $166.00 to $165.00 and set a “hold” rating on the stock in a report on Friday, February 9th. UBS Group raised Texas Instruments from a “neutral” rating to a “buy” rating and raised their price objective for the company from $170.00 to $195.00 in a research note on Friday, January 19th. TD Cowen upped their target price on Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a report on Wednesday, January 24th. Mizuho dropped their target price on shares of Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a report on Wednesday, January 24th. Finally, Morgan Stanley upped their price target on shares of Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a report on Wednesday, January 24th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $173.89.

Insider Buying and Selling

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the sale, the director now directly owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.68% of the company’s stock.

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.