Financial Management Professionals Inc. Has $949,000 Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Financial Management Professionals Inc. boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,063 shares of the semiconductor company’s stock after acquiring an additional 372 shares during the period. Financial Management Professionals Inc.’s holdings in Texas Instruments were worth $949,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TXN. Intech Investment Management LLC lifted its position in Texas Instruments by 5.9% during the 2nd quarter. Intech Investment Management LLC now owns 23,106 shares of the semiconductor company’s stock worth $4,495,000 after acquiring an additional 1,289 shares during the last quarter. Ieq Capital LLC lifted its position in Texas Instruments by 13.1% during the 2nd quarter. Ieq Capital LLC now owns 43,779 shares of the semiconductor company’s stock worth $8,516,000 after acquiring an additional 5,072 shares during the last quarter. Callan Capital LLC raised its position in shares of Texas Instruments by 31.8% during the second quarter. Callan Capital LLC now owns 3,011 shares of the semiconductor company’s stock valued at $586,000 after buying an additional 727 shares during the last quarter. AE Wealth Management LLC raised its position in shares of Texas Instruments by 24.7% during the second quarter. AE Wealth Management LLC now owns 34,225 shares of the semiconductor company’s stock valued at $6,658,000 after buying an additional 6,774 shares during the last quarter. Finally, Pacer Advisors Inc. raised its position in shares of Texas Instruments by 3.0% during the second quarter. Pacer Advisors Inc. now owns 108,216 shares of the semiconductor company’s stock valued at $21,051,000 after buying an additional 3,178 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Activity

In related news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction that occurred on 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 in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the transaction, the director now owns 20,461 shares in the company, valued at $4,272,256.80. This represents a 32.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TXN shares. Wells Fargo & Company cut their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Morgan Stanley upped their price objective on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research report on Wednesday, October 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Finally, Truist Financial lowered their target price on shares of Texas Instruments from $198.00 to $190.00 and set a “hold” rating on the stock in a research note on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $209.71.

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $192.42 on Friday. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $175.53 billion, a price-to-earnings ratio of 35.77, a P/E/G ratio of 3.69 and a beta of 0.98. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The firm’s 50-day moving average price is $194.79 and its two-hundred day moving average price is $199.64.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.38 by $0.09. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The business had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.12 billion. During the same period in the prior year, the firm earned $1.80 earnings per share. Texas Instruments’s revenue was down 8.4% compared to the same quarter last year. On average, equities analysts predict that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a dividend of $1.36 per share. The ex-dividend date is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.83%. Texas Instruments’s dividend payout ratio (DPR) is currently 101.12%.

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.