J. W. Coons Advisors LLC Sells 446 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

J. W. Coons Advisors LLC trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,707 shares of the semiconductor company’s stock after selling 446 shares during the period. Texas Instruments comprises 1.3% of J. W. Coons Advisors LLC’s holdings, making the stock its 14th biggest holding. J. W. Coons Advisors LLC’s holdings in Texas Instruments were worth $5,195,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. State Street Corp grew its holdings in Texas Instruments by 0.9% during the 3rd quarter. State Street Corp now owns 41,679,234 shares of the semiconductor company’s stock valued at $8,609,679,000 after purchasing an additional 391,306 shares during the last quarter. Geode Capital Management LLC grew its holdings in Texas Instruments by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company’s stock valued at $4,382,936,000 after purchasing an additional 487,892 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Texas Instruments by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company’s stock valued at $3,976,562,000 after purchasing an additional 782,053 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Texas Instruments by 0.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,060,213 shares of the semiconductor company’s stock valued at $1,664,998,000 after purchasing an additional 36,441 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Texas Instruments by 1.6% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,773,932 shares of the semiconductor company’s stock valued at $1,605,861,000 after purchasing an additional 124,712 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Benchmark restated a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Truist Financial dropped their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Wells Fargo & Company dropped their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and an average price target 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 value of $106,618.90. Following the sale, the director now owns 11,717 shares in the company, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.68% of the company’s stock.

Texas Instruments Trading Down 1.0 %

NASDAQ:TXN opened at $202.00 on Monday. Texas Instruments Incorporated has a 52 week low of $159.11 and a 52 week high of $220.38. The firm has a 50 day moving average of $188.44 and a 200 day moving average of $197.59. 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 stock has a market capitalization of $183.89 billion, a price-to-earnings ratio of 38.92, a PEG ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) 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 period in the previous year, the company earned $1.49 earnings per share. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.69%. Texas Instruments’s payout ratio is currently 104.82%.

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.