Gladstone Institutional Advisory LLC Has $1.68 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

Gladstone Institutional Advisory LLC lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 9.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,975 shares of the semiconductor company’s stock after selling 957 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Texas Instruments were worth $1,683,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Financial Life Planners bought a new stake in Texas Instruments in the 4th quarter valued at $26,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Texas Instruments during the 4th quarter valued at about $27,000. MidAtlantic Capital Management Inc. bought a new stake in Texas Instruments in the third quarter valued at about $28,000. Tsfg LLC raised its position in Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 82 shares in the last quarter. Finally, Capital Performance Advisors LLP bought a new position in Texas Instruments during the third quarter worth about $39,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Trading Up 0.5 %

Shares of TXN opened at $180.80 on Friday. The stock’s fifty day simple moving average is $188.63 and its 200-day simple moving average is $197.63. The firm has a market capitalization of $164.93 billion, a PE ratio of 34.84, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 12-month low of $156.57 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.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating 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 prior year, the firm posted $1.49 EPS. As a group, research analysts predict that Texas Instruments Incorporated will post 5.38 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently announced 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. This represents a $5.44 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is presently 104.82%.

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 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 completion of the transaction, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on Monday, November 25th. The stock was 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 owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on TXN shares. Mizuho lowered their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. Susquehanna lowered their price target on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research report on Monday, October 21st. Evercore ISI lifted their price objective on Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Finally, Truist Financial cut their price target on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday, January 24th. Two equities 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $209.20.

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.