Texas Instruments Incorporated $TXN Shares Sold by Whittier Trust Co.

Whittier Trust Co. decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 11.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 34,561 shares of the semiconductor company’s stock after selling 4,475 shares during the period. Whittier Trust Co.’s holdings in Texas Instruments were worth $6,232,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Strategic Wealth Investment Group LLC acquired a new position in Texas Instruments during the second quarter worth $25,000. Pacifica Partners Inc. boosted its position in shares of Texas Instruments by 85.2% during the 3rd quarter. Pacifica Partners Inc. now owns 150 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 69 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in shares of Texas Instruments during the 3rd quarter worth $29,000. Osterweis Capital Management Inc. grew its stake in shares of Texas Instruments by 1,810.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 191 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 181 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Texas Instruments by 69.9% in the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 192 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 79 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Christine Witzsche sold 1,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $164.31, for a total transaction of $164,310.00. Following the sale, the vice president directly owned 20,821 shares of the company’s stock, valued at $3,421,098.51. This trade represents a 4.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ronald Kirk sold 9,990 shares of Texas Instruments stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $162.33, for a total transaction of $1,621,676.70. Following the sale, the director owned 14,937 shares of the company’s stock, valued at approximately $2,424,723.21. This trade represents a 40.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is currently owned by corporate insiders.

Texas Instruments Stock Performance

Texas Instruments stock opened at $193.31 on Monday. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69. The company has a market capitalization of $175.65 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 3.04 and a beta of 1.00. The stock has a fifty day moving average of $177.82 and a two-hundred day moving average of $182.61. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.90 and a current ratio of 4.45.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Investors of record on Friday, January 30th will be paid a $1.42 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a $5.68 annualized dividend and a yield of 2.9%. Texas Instruments’s payout ratio is presently 103.84%.

Analyst Ratings Changes

Several research analysts have weighed in on TXN shares. TD Cowen restated a “buy” rating on shares of Texas Instruments in a research report on Wednesday, October 22nd. Bank of America cut Texas Instruments from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $208.00 to $190.00 in a report on Monday, October 13th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $190.00 price objective on shares of Texas Instruments in a research note on Tuesday, December 16th. UBS Group set a $245.00 target price on Texas Instruments and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Texas Instruments in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $195.12.

Texas Instruments Company Profile

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.