Moody Lynn & Lieberson LLC Sells 1,241 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Moody Lynn & Lieberson LLC decreased its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 2.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 48,492 shares of the semiconductor company’s stock after selling 1,241 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Texas Instruments were worth $8,266,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Texas Instruments by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 88,862,201 shares of the semiconductor company’s stock worth $14,129,979,000 after acquiring an additional 458,853 shares during the last quarter. State Street Corp grew its position in Texas Instruments by 0.3% during the 2nd quarter. State Street Corp now owns 37,931,129 shares of the semiconductor company’s stock worth $6,828,362,000 after acquiring an additional 112,156 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in Texas Instruments by 4.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 18,893,821 shares of the semiconductor company’s stock worth $2,986,123,000 after acquiring an additional 839,964 shares during the last quarter. Morgan Stanley grew its position in shares of Texas Instruments by 54.4% in the 4th quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company’s stock valued at $2,434,572,000 after buying an additional 5,191,426 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Texas Instruments by 2.9% in the 3rd quarter. Northern Trust Corp now owns 11,095,428 shares of the semiconductor company’s stock valued at $1,764,284,000 after buying an additional 315,302 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Down 0.6 %

TXN stock opened at $167.50 on Friday. The stock’s 50 day simple moving average is $166.77 and its 200 day simple moving average is $161.22. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. The company has a market cap of $152.44 billion, a P/E ratio of 23.73, a price-to-earnings-growth ratio of 3.63 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The firm had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same period in the prior year, the business posted $2.13 earnings per share. The company’s quarterly revenue was down 12.7% compared to the same quarter last year. On average, research analysts expect that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Wednesday, January 31st were issued a $1.30 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 3.10%. Texas Instruments’s dividend payout ratio is presently 73.65%.

Analyst Upgrades and Downgrades

A number of research firms have commented on TXN. Truist Financial reduced their price target on Texas Instruments from $166.00 to $165.00 and set a “hold” rating on the stock in a research report on Friday, February 9th. Rosenblatt Securities reiterated a “buy” rating and issued a $190.00 price target on shares of Texas Instruments in a research report on Tuesday, January 23rd. Mizuho reduced their price target on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 24th. Susquehanna reduced their price target on Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a research report on Wednesday, January 24th. Finally, Barclays dropped their price objective on Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus target price of $173.89.

Insider Activity

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

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.