D Orazio & Associates Inc. Lowers Position in Texas Instruments Incorporated (NASDAQ:TXN)

D Orazio & Associates Inc. trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 4.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,666 shares of the semiconductor company’s stock after selling 73 shares during the quarter. D Orazio & Associates Inc.’s holdings in Texas Instruments were worth $312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Kingsview Wealth Management LLC grew its holdings in shares of Texas Instruments by 3.7% in 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 in the last quarter. Apollon Wealth Management LLC grew its stake in 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 during the period. Vest Financial LLC increased its position in shares of Texas Instruments by 42.5% during the 4th quarter. Vest Financial LLC now owns 24,140 shares of the semiconductor company’s stock valued at $4,526,000 after purchasing an additional 7,196 shares during the last quarter. Conning Inc. raised its stake 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 during the period. Finally, Joel Isaacson & Co. LLC raised its stake in shares of Texas Instruments by 40.3% during the 4th quarter. Joel Isaacson & Co. LLC now owns 4,345 shares of the semiconductor company’s stock worth $815,000 after purchasing an additional 1,248 shares during the period. Institutional investors own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Barclays cut their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. 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 research report on Wednesday, October 23rd. Susquehanna lowered their price objective 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. Bank of America dropped their price target on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Finally, Mizuho reduced their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $180.00 on Friday. The company has a 50 day simple moving average of $190.17 and a two-hundred day simple moving average of $198.22. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38. The company has a market capitalization of $164.20 billion, a price-to-earnings ratio of 34.68, a P/E/G ratio of 2.95 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

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

Texas Instruments Dividend Announcement

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

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction dated 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 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction that occurred on 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 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 disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

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.