Moloney Securities Asset Management LLC Has $2.82 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Moloney Securities Asset Management LLC boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 15,020 shares of the semiconductor company’s stock after acquiring an additional 240 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Texas Instruments were worth $2,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB boosted its stake in Texas Instruments by 16.6% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 53,578 shares of the semiconductor company’s stock valued at $10,046,000 after buying an additional 7,609 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of Texas Instruments by 3.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 69,356 shares of the semiconductor company’s stock valued at $13,005,000 after acquiring an additional 2,466 shares during the period. Apollon Wealth Management LLC boosted its stake in shares of Texas Instruments by 3.6% in the 4th quarter. Apollon Wealth Management LLC now owns 35,429 shares of the semiconductor company’s stock valued at $6,643,000 after purchasing an additional 1,244 shares in the last quarter. Vest Financial LLC grew its holdings in shares of Texas Instruments by 42.5% in the 4th quarter. Vest Financial LLC now owns 24,140 shares of the semiconductor company’s stock worth $4,526,000 after purchasing an additional 7,196 shares during the last quarter. Finally, Conning Inc. increased its position in shares of Texas Instruments by 2.7% during the 4th quarter. Conning Inc. now owns 194,044 shares of the semiconductor company’s stock worth $36,385,000 after purchasing an additional 5,138 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TXN. Evercore ISI raised their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Robert W. Baird dropped their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Barclays reduced their price objective on 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. Mizuho lowered their target price 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 target 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 assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $209.20.

Insider Transactions at Texas Instruments

In other news, Director Mark A. Blinn sold 590 shares of the stock in a transaction on 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 sale, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction on 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 sale, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

Texas Instruments Stock Performance

Shares of TXN stock opened at $180.00 on Friday. The stock has a 50-day moving average of $189.75 and a 200-day moving average of $198.04. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The stock has a market cap of $164.20 billion, a PE ratio of 34.68, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates 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 in the previous year, the business earned $1.49 EPS. As a group, sell-side analysts expect that Texas Instruments Incorporated will post 5.38 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 3.02%. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

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.