DeDora Capital Inc. Lowers Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

DeDora Capital Inc. lessened its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 55.1% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,007 shares of the semiconductor company’s stock after selling 2,462 shares during the quarter. DeDora Capital Inc.’s holdings in Texas Instruments were worth $350,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TXN. Tennessee Valley Asset Management Partners purchased a new position in Texas Instruments in the fourth quarter valued at $25,000. Life Planning Partners Inc acquired a new position in shares of Texas Instruments in the 4th quarter valued at $26,000. Richardson Financial Services Inc. purchased a new stake in shares of Texas Instruments in the fourth quarter valued at about $26,000. Scarborough Advisors LLC acquired a new stake in Texas Instruments during the 4th quarter worth approximately $26,000. Finally, Annapolis Financial Services LLC lifted its holdings in shares of Texas Instruments by 333.3% during the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 120 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Robert E. Sanchez sold 10,539 shares of the company’s stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $174.97, for a total transaction of $1,844,008.83. Following the completion of the transaction, the director now owns 20,461 shares of the company’s stock, valued at approximately $3,580,061.17. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, Director Robert E. Sanchez sold 10,539 shares of the business’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $174.97, for a total value of $1,844,008.83. Following the sale, the director now owns 20,461 shares of the company’s stock, valued at $3,580,061.17. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Pamela H. Patsley sold 9,990 shares of the firm’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the completion of the transaction, the director now directly owns 33,348 shares of the company’s stock, valued at approximately $5,973,293.76. The disclosure for this sale can be found here. Insiders have sold 228,529 shares of company stock valued at $40,502,458 in the last 90 days. 0.68% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. The Goldman Sachs Group upped their price objective on Texas Instruments from $137.00 to $157.00 and gave the stock a “sell” rating in a report on Wednesday, April 24th. Stifel Nicolaus increased their price objective on Texas Instruments from $160.00 to $172.00 and gave the company a “hold” rating in a research note on Wednesday, April 24th. Cantor Fitzgerald reissued a “neutral” rating and set a $180.00 price target on shares of Texas Instruments in a research note on Wednesday, April 24th. Evercore ISI boosted their target price on shares of Texas Instruments from $213.00 to $225.00 and gave the company an “outperform” rating in a report on Wednesday, April 24th. Finally, Truist Financial upped their price objective on Texas Instruments from $165.00 to $167.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $180.74.

Texas Instruments Trading Up 1.8 %

Shares of TXN traded up $3.11 during trading hours on Friday, hitting $178.91. 4,545,090 shares of the stock traded hands, compared to its average volume of 6,059,944. The company has a current ratio of 4.91, a quick ratio of 3.76 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12. The firm has a market capitalization of $162.89 billion, a PE ratio of 27.91, a price-to-earnings-growth ratio of 3.75 and a beta of 1.01. The business has a fifty day moving average of $170.68 and a 200-day moving average of $162.98.

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

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th will be given a $1.30 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 annualized dividend and a dividend yield of 2.91%. Texas Instruments’s dividend payout ratio is presently 81.12%.

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.