Angeles Investment Advisors LLC Sells 88 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Angeles Investment Advisors LLC lessened its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 6.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,338 shares of the semiconductor company’s stock after selling 88 shares during the period. Angeles Investment Advisors LLC’s holdings in Texas Instruments were worth $251,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Crowley Wealth Management Inc. purchased a new position in shares of Texas Instruments during the 4th quarter valued at about $132,000. Vanguard Group Inc. raised its stake in Texas Instruments by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company’s stock worth $17,544,800,000 after acquiring an additional 649,620 shares during the period. Napatree Capital LLC lifted its holdings in Texas Instruments by 10.4% during the fourth 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 in the last quarter. LPL Financial LLC boosted its position in shares of Texas Instruments by 5.6% in the fourth quarter. LPL Financial LLC now owns 630,922 shares of the semiconductor company’s stock worth $118,304,000 after purchasing an additional 33,403 shares during the period. Finally, Banco de Sabadell S.A increased its stake in shares of Texas Instruments by 13.2% in the fourth quarter. Banco de Sabadell S.A now owns 11,588 shares of the semiconductor company’s stock worth $2,172,000 after purchasing an additional 1,354 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

TXN has been the topic of a number of analyst reports. Benchmark restated a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial decreased their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Mizuho dropped their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Finally, Wells Fargo & Company reduced their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $209.20.

Insider Buying and Selling at Texas Instruments

In related news, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was 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 owns 11,717 shares in the company, valued at $2,117,379.07. The trade was a 4.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the sale, the director now owns 10,816 shares in the company, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 297,655 shares of company stock worth $59,841,304 over the last 90 days. Company insiders own 0.57% of the company’s stock.

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $179.00 on Monday. The stock has a market cap of $162.88 billion, a price-to-earnings ratio of 34.49, a price-to-earnings-growth ratio of 3.30 and a beta of 0.98. 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 stock has a 50 day moving average price of $187.47 and a 200-day moving average price of $195.27. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.39.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data 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 last year, the business earned $1.49 earnings per share. Equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s payout ratio is currently 104.82%.

Texas Instruments 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.