Strengthening Families & Communities LLC Has $39,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Strengthening Families & Communities LLC cut its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 96.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 206 shares of the semiconductor company’s stock after selling 5,325 shares during the period. Strengthening Families & Communities LLC’s holdings in Texas Instruments were worth $39,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in TXN. Ritholtz Wealth Management boosted its position in Texas Instruments by 15.2% during the 3rd quarter. Ritholtz Wealth Management now owns 8,381 shares of the semiconductor company’s stock worth $1,731,000 after buying an additional 1,107 shares during the period. Annex Advisory Services LLC boosted its position in Texas Instruments by 2.4% during the 3rd quarter. Annex Advisory Services LLC now owns 7,067 shares of the semiconductor company’s stock worth $1,460,000 after buying an additional 163 shares during the period. Exchange Traded Concepts LLC lifted its position in shares of Texas Instruments by 18.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 6,135 shares of the semiconductor company’s stock worth $1,267,000 after purchasing an additional 973 shares during the period. Sound Income Strategies LLC lifted its position in shares of Texas Instruments by 12.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,543 shares of the semiconductor company’s stock worth $319,000 after purchasing an additional 171 shares during the period. Finally, Webster Bank N. A. lifted its position in shares of Texas Instruments by 13.6% in the 3rd quarter. Webster Bank N. A. now owns 1,836 shares of the semiconductor company’s stock worth $379,000 after purchasing an additional 220 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Performance

Shares of TXN stock opened at $180.31 on Tuesday. The firm has a market capitalization 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. The firm has a fifty day simple moving average of $189.75 and a two-hundred day simple moving average of $198.03. 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 12 month low of $155.46 and a 12 month high of $220.38.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 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 last year, the firm posted $1.49 earnings per share. Analysts forecast that Texas Instruments Incorporated will post 5.38 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on TXN shares. Susquehanna dropped their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research report on Monday, October 21st. 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. Bank of America dropped their price target on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Rosenblatt Securities restated a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a research report on Tuesday, January 21st. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Two investment 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, the stock currently has a consensus rating of “Hold” and an average price target of $209.20.

Insider Transactions at Texas Instruments

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

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.