Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Trimmed by Martin Capital Advisors LLP

Martin Capital Advisors LLP lessened its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,278 shares of the semiconductor company’s stock after selling 98 shares during the period. Texas Instruments comprises 1.5% of Martin Capital Advisors LLP’s portfolio, making the stock its 23rd largest position. Martin Capital Advisors LLP’s holdings in Texas Instruments were worth $1,752,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Resonant Capital Advisors LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at about $1,165,000. Institute for Wealth Management LLC. lifted its holdings in Texas Instruments by 0.9% in the fourth quarter. Institute for Wealth Management LLC. now owns 29,278 shares of the semiconductor company’s stock worth $4,991,000 after acquiring an additional 272 shares during the last quarter. Beaumont Financial Advisors LLC boosted its stake in Texas Instruments by 1.3% in the fourth quarter. Beaumont Financial Advisors LLC now owns 6,072 shares of the semiconductor company’s stock valued at $1,035,000 after acquiring an additional 77 shares during the period. Cutler Investment Counsel LLC grew its holdings in shares of Texas Instruments by 0.8% during the fourth quarter. Cutler Investment Counsel LLC now owns 66,606 shares of the semiconductor company’s stock valued at $11,354,000 after purchasing an additional 526 shares during the last quarter. Finally, HTLF Bank acquired a new stake in shares of Texas Instruments during the 4th quarter worth approximately $5,034,000. 84.99% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the transaction, the director now owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.68% of the company’s stock.

Texas Instruments Trading Down 2.4 %

TXN traded down $3.99 during trading on Friday, reaching $159.68. The company had a trading volume of 10,456,659 shares, compared to its average volume of 5,539,317. The firm’s 50-day simple moving average is $168.16 and its 200 day simple moving average is $161.72. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. The company has a market cap of $145.32 billion, a price-to-earnings ratio of 22.62, a PEG ratio of 3.56 and a beta of 1.04. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $188.12.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The business had revenue of $4.08 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same quarter in the previous year, the business earned $2.13 earnings per share. The firm’s revenue was down 12.7% compared to the same quarter last year. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TXN shares. Mizuho lowered their price objective on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a research note on Wednesday, January 24th. Morgan Stanley lifted their price objective on shares of Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a research report on Wednesday, January 24th. Evercore ISI initiated coverage on shares of Texas Instruments in a research note on Tuesday. They set an “outperform” rating and a $213.00 target price for the company. UBS Group raised Texas Instruments from a “neutral” rating to a “buy” rating and lifted their price target for the company from $170.00 to $195.00 in a report on Friday, January 19th. Finally, Truist Financial decreased their price objective on Texas Instruments from $166.00 to $165.00 and set a “hold” rating for the company in a report on Friday, February 9th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $176.68.

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.