Little House Capital LLC Sells 277 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Little House Capital LLC decreased its position in Texas Instruments Incorporated (NASDAQ:TXN) by 12.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,913 shares of the semiconductor company’s stock after selling 277 shares during the period. Little House Capital LLC’s holdings in Texas Instruments were worth $326,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TXN. Intellectus Partners LLC lifted its stake in Texas Instruments by 5.1% during the 4th quarter. Intellectus Partners LLC now owns 4,496 shares of the semiconductor company’s stock valued at $766,000 after acquiring an additional 218 shares during the period. Principle Wealth Partners LLC lifted its stake in Texas Instruments by 2.3% during the 4th quarter. Principle Wealth Partners LLC now owns 28,335 shares of the semiconductor company’s stock valued at $4,830,000 after acquiring an additional 630 shares during the period. Intact Investment Management Inc. lifted its stake in Texas Instruments by 21.6% during the 4th quarter. Intact Investment Management Inc. now owns 67,100 shares of the semiconductor company’s stock valued at $11,438,000 after acquiring an additional 11,900 shares during the period. Alliance Wealth Advisors LLC UT lifted its stake in Texas Instruments by 1.9% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 12,811 shares of the semiconductor company’s stock valued at $2,184,000 after acquiring an additional 242 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in Texas Instruments by 8.6% during the 4th quarter. Russell Investments Group Ltd. now owns 725,220 shares of the semiconductor company’s stock valued at $123,753,000 after acquiring an additional 57,574 shares during the period. Institutional investors own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

TXN has been the topic of several research analyst reports. UBS Group upgraded shares of Texas Instruments from a “neutral” rating to a “buy” rating and upped their target price for the company from $170.00 to $195.00 in a research note on Friday, January 19th. Benchmark restated a “buy” rating and set a $210.00 target price on shares of Texas Instruments in a research note on Wednesday. Evercore ISI upped their target price on shares of Texas Instruments from $213.00 to $225.00 and gave the company an “outperform” rating in a research note on Wednesday. Susquehanna increased their price objective on shares of Texas Instruments from $200.00 to $205.00 and gave the stock a “positive” rating in a research note on Wednesday. Finally, Mizuho increased their price objective on shares of Texas Instruments from $164.00 to $170.00 and gave the stock a “neutral” rating in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $180.74.

Texas Instruments Stock Performance

Texas Instruments stock traded up $2.23 during midday trading on Friday, hitting $177.48. The stock had a trading volume of 5,401,860 shares, compared to its average volume of 5,477,503. The firm’s fifty day moving average is $169.29 and its two-hundred day moving average is $162.25. The company has a market capitalization of $161.59 billion, a PE ratio of 27.69, a P/E/G ratio of 3.79 and a beta of 1.04. Texas Instruments Incorporated has a 52-week low of $139.48 and a 52-week high of $188.12. The company has a current ratio of 4.91, a quick ratio of 3.35 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The business had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. During the same period last year, the firm posted $1.85 EPS. The company’s revenue was down 16.4% on a year-over-year basis. On average, research analysts forecast that Texas Instruments Incorporated will post 5.21 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend is Tuesday, May 7th. Texas Instruments’s dividend payout ratio (DPR) is currently 81.12%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the completion of the sale, the director now directly owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.68% of the company’s stock.

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.