Shepherd Financial Partners LLC Boosts Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Shepherd Financial Partners LLC lifted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 2.9% in the fourth quarter, HoldingsChannel reports. The firm owned 3,118 shares of the semiconductor company’s stock after acquiring an additional 88 shares during the quarter. Shepherd Financial Partners LLC’s holdings in Texas Instruments were worth $585,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of TXN. Cahill Financial Advisors Inc. grew its holdings in Texas Instruments by 3.5% during the third quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company’s stock valued at $298,000 after purchasing an additional 49 shares during the last quarter. KCM Investment Advisors LLC grew its stake in Texas Instruments by 1.4% in the 3rd quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company’s stock valued at $738,000 after buying an additional 50 shares during the last quarter. Lansing Street Advisors lifted its position in Texas Instruments by 4.7% during the 3rd quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company’s stock worth $233,000 after acquiring an additional 51 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its holdings in Texas Instruments by 1.1% during the third quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company’s stock valued at $1,030,000 after acquiring an additional 52 shares during the period. Finally, ABLE Financial Group LLC increased its stake in shares of Texas Instruments by 2.9% in the third quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company’s stock worth $376,000 after purchasing an additional 52 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. 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 report on Friday, January 24th. Barclays cut their price target on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a report on Friday, January 24th. Finally, Wells Fargo & Company lowered their price objective on 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 equities 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 stock currently has an average rating of “Hold” and an average price target of $209.20.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the firm’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 sale, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $180.00 on Friday. The company has a fifty day moving average price of $190.17 and a 200 day moving average price of $198.22. The firm has a market cap of $164.20 billion, a PE ratio of 34.68, a PEG ratio of 2.95 and a beta of 0.97. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38.

Texas Instruments (NASDAQ:TXN) last released its 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 return on equity of 28.08% and a net margin of 30.68%. During the same period in the previous year, the business posted $1.49 EPS. Research analysts predict that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be issued a dividend of $1.36 per share. The ex-dividend date is Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 3.02%. Texas Instruments’s payout ratio is presently 104.82%.

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.