D.A. Davidson & CO. Has $4.88 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

D.A. Davidson & CO. trimmed its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,596 shares of the semiconductor company’s stock after selling 1,056 shares during the period. D.A. Davidson & CO.’s holdings in Texas Instruments were worth $4,875,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in TXN. AXQ Capital LP raised its position in Texas Instruments by 64.3% during the third quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company’s stock valued at $731,000 after purchasing an additional 1,800 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services raised its holdings in shares of Texas Instruments by 0.4% during the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company’s stock worth $7,182,000 after buying an additional 155 shares in the last quarter. Silver Oak Securities Incorporated bought a new stake in shares of Texas Instruments during the 4th quarter worth $222,000. First National Advisers LLC boosted its stake in Texas Instruments by 27.6% in the fourth quarter. First National Advisers LLC now owns 9,516 shares of the semiconductor company’s stock valued at $1,623,000 after buying an additional 2,059 shares in the last quarter. Finally, Salem Investment Counselors Inc. lifted its holdings in shares of Texas Instruments by 2.2% in the fourth quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company’s stock worth $1,403,000 after acquiring an additional 177 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Up 1.8 %

Shares of NASDAQ:TXN opened at $202.54 on Thursday. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $203.62. The company has a market capitalization of $184.41 billion, a PE ratio of 31.60, a price-to-earnings-growth ratio of 4.28 and a beta of 1.01. The business has a fifty day moving average price of $176.10 and a two-hundred day moving average price of $167.16. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.91 and a quick ratio of 3.76.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. The firm had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.61 billion. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The company’s revenue was down 16.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.85 EPS. Analysts forecast that Texas Instruments Incorporated will post 5.17 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th were paid a $1.30 dividend. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $5.20 annualized dividend and a dividend yield of 2.57%. Texas Instruments’s payout ratio is 81.12%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Truist Financial increased their target price on Texas Instruments from $165.00 to $167.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. Stifel Nicolaus boosted their target price on shares of Texas Instruments from $160.00 to $172.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. Cantor Fitzgerald raised their price target on shares of Texas Instruments from $180.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, May 15th. KeyCorp boosted their price objective on shares of Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 24th. Finally, Wells Fargo & Company initiated coverage on Texas Instruments in a research report on Thursday, May 16th. They set an “underweight” rating and a $150.00 target price for the company. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average price target of $182.48.

Insider Activity

In other Texas Instruments news, Director Robert E. Sanchez sold 10,539 shares of the stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $174.97, for a total transaction of $1,844,008.83. Following the sale, the director now owns 20,461 shares in the company, valued at $3,580,061.17. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Pamela H. Patsley sold 9,990 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the sale, the director now owns 33,348 shares of the company’s stock, valued at approximately $5,973,293.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert E. Sanchez sold 10,539 shares of the firm’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $174.97, for a total transaction of $1,844,008.83. Following the completion of the transaction, the director now directly owns 20,461 shares of the company’s stock, valued at $3,580,061.17. The disclosure for this sale can be found here. Insiders have sold a total of 328,969 shares of company stock valued at $58,427,984 over the last quarter. Company insiders own 0.68% of the company’s stock.

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.