Crowley Wealth Management Inc. Purchases Shares of 705 Texas Instruments Incorporated (NASDAQ:TXN)

Crowley Wealth Management Inc. bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the fourth quarter, Holdings Channel.com reports. The firm bought 705 shares of the semiconductor company’s stock, valued at approximately $132,000.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Texas Instruments by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company’s stock valued at $17,544,800,000 after purchasing an additional 649,620 shares in the last quarter. Napatree Capital LLC boosted its holdings in Texas Instruments by 10.4% in the 4th quarter. Napatree Capital LLC now owns 1,441 shares of the semiconductor company’s stock worth $270,000 after buying an additional 136 shares during the period. LPL Financial LLC raised its stake in Texas Instruments by 5.6% during 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 period. Banco de Sabadell S.A boosted its position in shares of Texas Instruments by 13.2% during the fourth quarter. Banco de Sabadell S.A now owns 11,588 shares of the semiconductor company’s stock worth $2,172,000 after acquiring an additional 1,354 shares during the last quarter. Finally, Guardian Partners Inc. purchased a new position in shares of Texas Instruments during the fourth quarter valued at about $7,973,000. Institutional investors own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Benchmark restated a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial cut their price target on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a report on Friday, January 24th. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Barclays reduced their target price on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Finally, Wells Fargo & Company decreased their price target on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. 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 company’s stock. According to data from MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus target price of $209.20.

Insider Buying and Selling at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $82,930,522.08. This represents a 19.17 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction that occurred 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 sale, the director now owns 10,816 shares of the company’s stock, 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 have sold 297,655 shares of company stock valued at $59,841,304 in the last quarter. Corporate insiders own 0.57% of the company’s stock.

Texas Instruments Stock Performance

TXN opened at $179.00 on Friday. The firm has a market capitalization of $162.88 billion, a PE ratio of 34.49, a PEG ratio of 3.30 and a beta of 0.97. The firm’s 50-day moving average price is $187.47 and its 200 day moving average price is $195.33. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.39. 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 (NASDAQ:TXN) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the business posted $1.49 earnings per share. As a group, sell-side analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

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