Avalon Capital Management Has $303,000 Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Avalon Capital Management lessened its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 13.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,615 shares of the semiconductor company’s stock after selling 256 shares during the quarter. Avalon Capital Management’s holdings in Texas Instruments were worth $303,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Howard Capital Management Group LLC purchased a new stake in shares of Texas Instruments during the 3rd quarter valued at $202,000. NorthCrest Asset Manangement LLC boosted its stake in Texas Instruments by 1.1% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company’s stock worth $1,030,000 after purchasing an additional 52 shares during the period. PFG Investments LLC boosted its position in shares of Texas Instruments by 6.0% during the 3rd quarter. PFG Investments LLC now owns 5,322 shares of the semiconductor company’s stock valued at $1,099,000 after acquiring an additional 300 shares during the last quarter. Modera Wealth Management LLC boosted its position in shares of Texas Instruments by 1.7% during the 3rd quarter. Modera Wealth Management LLC now owns 8,868 shares of the semiconductor company’s stock valued at $1,832,000 after acquiring an additional 148 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in Texas Instruments by 4.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 11,897 shares of the semiconductor company’s stock worth $2,458,000 after purchasing an additional 462 shares during the period. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

NASDAQ TXN opened at $200.74 on Tuesday. The firm’s 50 day moving average is $188.67 and its 200-day moving average is $197.64. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.38. The company has a market capitalization of $182.74 billion, a PE ratio of 38.68, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (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 prior year, the firm earned $1.49 earnings per share. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.71%. Texas Instruments’s payout ratio is 104.82%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the sale, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.68% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TXN has been the subject of several research analyst reports. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Benchmark reiterated a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a research note on Tuesday, January 21st. Truist Financial reduced their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research note on Friday, January 24th. Finally, Barclays lowered their price target on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and a consensus target price of $209.20.

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.