Catalyst Financial Partners LLC Sells 868 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Catalyst Financial Partners LLC lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 15.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,725 shares of the semiconductor company’s stock after selling 868 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Texas Instruments were worth $805,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TXN. Value Partners Investments Inc. grew its stake in shares of Texas Instruments by 24.1% in the third quarter. Value Partners Investments Inc. now owns 1,926 shares of the semiconductor company’s stock worth $308,000 after acquiring an additional 374 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Texas Instruments by 11.7% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,563,680 shares of the semiconductor company’s stock valued at $248,641,000 after purchasing an additional 164,086 shares in the last quarter. Rowlandmiller & PARTNERS.ADV raised its holdings in Texas Instruments by 2.9% in the third quarter. Rowlandmiller & PARTNERS.ADV now owns 8,174 shares of the semiconductor company’s stock worth $1,300,000 after buying an additional 230 shares during the last quarter. Kanawha Capital Management LLC lifted its stake in shares of Texas Instruments by 10.6% in the third quarter. Kanawha Capital Management LLC now owns 27,536 shares of the semiconductor company’s stock worth $4,378,000 after buying an additional 2,641 shares in the last quarter. Finally, NBT Bank N A NY grew its holdings in shares of Texas Instruments by 370.9% during the third quarter. NBT Bank N A NY now owns 11,213 shares of the semiconductor company’s stock valued at $1,783,000 after buying an additional 8,832 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 0.7 %

NASDAQ:TXN traded up $1.37 during mid-day trading on Thursday, hitting $185.32. 5,838,456 shares of the company’s stock traded hands, compared to its average volume of 5,653,791. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.76 and a current ratio of 4.91. The company has a market capitalization of $168.73 billion, a P/E ratio of 28.91, a P/E/G ratio of 3.81 and a beta of 1.01. The company has a fifty day moving average of $171.80 and a 200 day moving average of $163.72. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12.

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

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders 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 dividend yield of 2.81%. The ex-dividend date of this dividend is Tuesday, May 7th. Texas Instruments’s dividend payout ratio (DPR) is presently 81.12%.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Pamela H. Patsley sold 9,990 shares of Texas Instruments stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the completion of the sale, the director now owns 33,348 shares of the company’s stock, valued at approximately $5,973,293.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, Director Pamela H. Patsley sold 9,990 shares of the company’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $179.12, for a total value of $1,789,408.80. Following the sale, the director now directly owns 33,348 shares of the company’s stock, valued at approximately $5,973,293.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Richard K. Templeton sold 104,000 shares of the firm’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $175.83, for a total transaction of $18,286,320.00. Following the transaction, the chairman now directly owns 403,851 shares of the company’s stock, valued at approximately $71,009,121.33. The disclosure for this sale can be found here. Insiders have sold a total of 328,969 shares of company stock valued at $58,427,984 in the last ninety days. Company insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on TXN shares. 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, April 24th. Morgan Stanley lifted their target price on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 24th. KeyCorp increased their price target on Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, January 24th. Truist Financial lifted 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. Finally, Mizuho increased their target price on Texas Instruments from $164.00 to $170.00 and gave the company a “neutral” rating in a report on Wednesday, April 24th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $180.74.

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.