D L Carlson Investment Group Inc. Has $4.73 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

D L Carlson Investment Group Inc. decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,235 shares of the semiconductor company’s stock after selling 319 shares during the period. Texas Instruments accounts for 0.8% of D L Carlson Investment Group Inc.’s investment portfolio, making the stock its 28th biggest holding. D L Carlson Investment Group Inc.’s holdings in Texas Instruments were worth $4,732,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Clearbridge Investments LLC raised its stake in Texas Instruments by 12.9% during the 4th quarter. Clearbridge Investments LLC now owns 1,161,171 shares of the semiconductor company’s stock valued at $217,721,000 after purchasing an additional 132,754 shares during the last quarter. California Public Employees Retirement System lifted its stake in shares of Texas Instruments by 13.3% in the fourth quarter. California Public Employees Retirement System now owns 4,637,188 shares of the semiconductor company’s stock valued at $869,519,000 after buying an additional 544,104 shares during the period. Life Planning Partners Inc acquired a new stake in Texas Instruments during the fourth quarter worth about $5,274,000. RWA Wealth Partners LLC increased its stake in Texas Instruments by 0.9% during the fourth quarter. RWA Wealth Partners LLC now owns 19,751 shares of the semiconductor company’s stock valued at $3,703,000 after acquiring an additional 185 shares during the period. Finally, Summit Securities Group LLC bought a new position in Texas Instruments during the fourth quarter valued at about $27,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TXN has been the topic of a number of research reports. Rosenblatt Securities restated a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Truist Financial decreased 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 report on Friday, January 24th. Benchmark restated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Wells Fargo & Company lowered their price objective on 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. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $209.20.

Insider Buying and Selling at Texas Instruments

In related news, Director Janet F. Clark sold 6,065 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the sale, the director now directly owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $82,930,522.08. The trade was a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 297,655 shares of company stock valued at $59,841,304. 0.57% of the stock is currently owned by company insiders.

Texas Instruments Price Performance

Shares of TXN stock opened at $176.33 on Monday. The firm has a market cap of $160.45 billion, a price-to-earnings ratio of 33.97, a PEG ratio of 3.30 and a beta of 0.98. Texas Instruments Incorporated has a 12 month low of $159.11 and a 12 month high of $220.39. 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 50-day moving average price of $186.45 and a 200 day moving average price of $194.62.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping the consensus estimate 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 quarter in the previous year, the business posted $1.49 earnings per share. Research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued 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 yield of 3.09%. Texas Instruments’s dividend payout ratio is presently 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.