Van Strum & Towne Inc. Reduces Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Van Strum & Towne Inc. trimmed its position in Texas Instruments Incorporated (NASDAQ:TXN) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,880 shares of the semiconductor company’s stock after selling 365 shares during the period. Van Strum & Towne Inc.’s holdings in Texas Instruments were worth $1,853,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Hills Bank & Trust Co lifted its position in shares of Texas Instruments by 18.6% during the 4th quarter. Hills Bank & Trust Co now owns 715 shares of the semiconductor company’s stock valued at $134,000 after buying an additional 112 shares in the last quarter. HMV Wealth Advisors LLC purchased a new position in shares of Texas Instruments during the 4th quarter valued at about $603,000. Midwest Professional Planners LTD. lifted its position in shares of Texas Instruments by 6.8% during the 4th quarter. Midwest Professional Planners LTD. now owns 2,705 shares of the semiconductor company’s stock valued at $507,000 after buying an additional 172 shares in the last quarter. Diamond Hill Capital Management Inc. lifted its position in shares of Texas Instruments by 8.6% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 3,378,371 shares of the semiconductor company’s stock valued at $633,478,000 after buying an additional 268,305 shares in the last quarter. Finally, Alpine Woods Capital Investors LLC lifted its position in shares of Texas Instruments by 0.4% during the 4th quarter. Alpine Woods Capital Investors LLC now owns 34,915 shares of the semiconductor company’s stock valued at $6,547,000 after buying an additional 134 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Texas Instruments

In related news, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the completion of the transaction, the chairman now owns 409,089 shares in the company, valued at $80,872,804.41. The trade was a 19.17 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the transaction, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 297,655 shares of company stock worth $59,841,304. 0.57% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on TXN shares. Mizuho lowered their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. 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. Truist Financial lowered their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research report on Friday, January 24th. Wells Fargo & Company decreased their target price 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. Finally, Benchmark reissued a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $176.42 on Friday. The stock has a market cap of $160.53 billion, a price-to-earnings ratio of 33.99, a price-to-earnings-growth ratio of 3.30 and a beta of 0.98. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The stock has a 50 day moving average price of $188.61 and a 200-day moving average price of $196.47. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.38.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period in the previous year, the business posted $1.49 earnings per share. Equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current 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 issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is 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.