New Republic Capital LLC Reduces Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

New Republic Capital LLC reduced its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,864 shares of the semiconductor company’s stock after selling 76 shares during the quarter. New Republic Capital LLC’s holdings in Texas Instruments were worth $350,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TXN. Fiduciary Alliance LLC boosted its stake in Texas Instruments by 25.3% during the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock valued at $6,901,000 after acquiring an additional 7,424 shares during the last quarter. Townsquare Capital LLC lifted its position in shares of Texas Instruments by 5.9% during the third quarter. Townsquare Capital LLC now owns 93,689 shares of the semiconductor company’s stock worth $19,353,000 after purchasing an additional 5,201 shares during the last quarter. Ameritas Advisory Services LLC grew its stake in Texas Instruments by 73.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company’s stock worth $1,639,000 after purchasing an additional 3,707 shares in the last quarter. HB Wealth Management LLC lifted its position in shares of Texas Instruments by 4.4% in the 4th quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock worth $18,724,000 after buying an additional 4,238 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Texas Instruments by 0.3% in the 3rd quarter. Swiss National Bank now owns 2,702,500 shares of the semiconductor company’s stock valued at $558,255,000 after buying an additional 8,100 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Performance

Shares of Texas Instruments stock opened at $180.31 on Tuesday. The stock has a market cap of $164.48 billion, a PE ratio of 34.74, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The business has a fifty day simple moving average of $189.75 and a 200-day simple moving average of $198.03.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share 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 quarter in the previous year, the firm posted $1.49 EPS. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.38 EPS 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. Shareholders of record on Friday, January 31st will be given a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 3.02%. Texas Instruments’s payout ratio is 104.82%.

Analyst Ratings Changes

TXN has been the topic of several research reports. Rosenblatt Securities reiterated a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 21st. Truist Financial decreased their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Wells Fargo & Company dropped 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. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Finally, Bank of America dropped their target price on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. 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 company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $209.20.

Insider Buying and Selling at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction that occurred 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 transaction, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

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.