Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Community Bank N.A.

Community Bank N.A. lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 7.8% during the fourth quarter, Holdings Channel reports. The fund owned 26,820 shares of the semiconductor company’s stock after selling 2,280 shares during the quarter. Community Bank N.A.’s holdings in Texas Instruments were worth $5,029,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of TXN. Napatree Capital LLC boosted its holdings in shares of Texas Instruments by 10.4% in the 4th quarter. Napatree Capital LLC now owns 1,441 shares of the semiconductor company’s stock valued at $270,000 after purchasing an additional 136 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Texas Instruments by 5.6% in the 4th quarter. LPL Financial LLC now owns 630,922 shares of the semiconductor company’s stock valued at $118,304,000 after purchasing an additional 33,403 shares during the last quarter. Banco de Sabadell S.A boosted its holdings in shares of Texas Instruments by 13.2% in the 4th quarter. Banco de Sabadell S.A now owns 11,588 shares of the semiconductor company’s stock valued at $2,172,000 after purchasing an additional 1,354 shares during the last quarter. Guardian Partners Inc. acquired a new position in shares of Texas Instruments in the 4th quarter valued at $7,973,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Texas Instruments in the 4th quarter valued at $57,600,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Price Performance

TXN opened at $179.00 on Friday. Texas Instruments Incorporated has a 1-year low of $159.11 and a 1-year high of $220.39. The company has a 50-day moving average of $187.47 and a 200-day moving average of $195.33. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The company has a market capitalization of $162.88 billion, a P/E ratio of 34.49, a PEG ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating 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 period last year, the firm posted $1.49 earnings per share. Equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a research note 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 on the stock in a research note on Friday, January 24th. Benchmark reissued a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Truist Financial cut their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Finally, Mizuho cut their target price on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average target price of $209.20.

Insider Activity

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the transaction, the director now directly owns 11,717 shares of the company’s stock, valued at $2,117,379.07. The trade was a 4.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the transaction, the chairman now directly owns 409,089 shares of the company’s stock, valued at $80,872,804.41. The trade was a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 297,655 shares of company stock valued at $59,841,304. Company insiders own 0.57% 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.