Northern Financial Advisors Inc Lowers Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Northern Financial Advisors Inc lowered its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 11.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,729 shares of the semiconductor company’s stock after selling 1,034 shares during the quarter. Texas Instruments accounts for 1.2% of Northern Financial Advisors Inc’s holdings, making the stock its 28th largest holding. Northern Financial Advisors Inc’s holdings in Texas Instruments were worth $1,449,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of TXN. Exchange Traded Concepts LLC raised its position in Texas Instruments by 18.8% in the third quarter. Exchange Traded Concepts LLC now owns 6,135 shares of the semiconductor company’s stock valued at $1,267,000 after purchasing an additional 973 shares during the period. CX Institutional grew its stake in shares of Texas Instruments by 5.2% in the third quarter. CX Institutional now owns 3,481 shares of the semiconductor company’s stock valued at $719,000 after buying an additional 173 shares in the last quarter. Creative Planning raised its holdings in shares of Texas Instruments by 7.1% in the 3rd quarter. Creative Planning now owns 211,018 shares of the semiconductor company’s stock valued at $43,590,000 after buying an additional 13,972 shares during the period. Jamison Private Wealth Management Inc. lifted its stake in Texas Instruments by 881.1% during the 3rd quarter. Jamison Private Wealth Management Inc. now owns 363 shares of the semiconductor company’s stock worth $75,000 after acquiring an additional 326 shares in the last quarter. Finally, Tsfg LLC boosted its holdings in Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 82 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Price Performance

Shares of TXN opened at $180.80 on Friday. The firm has a fifty day moving average price of $188.63 and a 200 day moving average price of $197.63. The stock has a market cap of $164.93 billion, a PE ratio of 34.84, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 1-year low of $156.57 and a 1-year high of $220.38. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating analysts’ consensus estimates 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 period in the previous year, the business posted $1.49 EPS. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.38 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is presently 104.82%.

Insider Activity at Texas Instruments

In other news, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now directly owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This represents a 4.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on TXN. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Benchmark reaffirmed a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Susquehanna decreased their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research report on Monday, October 21st. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Finally, Robert W. Baird reduced their price objective on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Texas Instruments currently has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments 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.