Bryn Mawr Capital Management LLC Has $1.68 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

Bryn Mawr Capital Management LLC reduced its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,833 shares of the semiconductor company’s stock after selling 136 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Texas Instruments were worth $1,676,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Tennessee Valley Asset Management Partners acquired a new stake in shares of Texas Instruments during the 4th quarter valued at about $25,000. Life Planning Partners Inc acquired a new position in Texas Instruments in the fourth quarter valued at about $26,000. Annapolis Financial Services LLC boosted its position in Texas Instruments by 333.3% in the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 120 shares in the last quarter. Briaud Financial Planning Inc acquired a new position in Texas Instruments in the third quarter valued at about $25,000. Finally, AMH Equity Ltd acquired a new position in Texas Instruments in the third quarter valued at about $32,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Texas Instruments

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

Texas Instruments Trading Up 1.3 %

Shares of TXN traded up $2.23 on Friday, reaching $177.48. 5,401,537 shares of the company’s stock were exchanged, compared to its average volume of 5,707,532. The company has a current ratio of 4.91, a quick ratio of 3.35 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $161.52 billion, a P/E ratio of 27.69, a price-to-earnings-growth ratio of 3.77 and a beta of 1.04. The business has a 50 day moving average price of $169.29 and a two-hundred day moving average price of $162.22. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $188.12.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. The business had revenue of $3.66 billion during 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%. Texas Instruments’s revenue for the quarter was down 16.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.85 earnings per share. Research analysts anticipate that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Texas Instruments Dividend Announcement

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

Wall Street Analyst Weigh In

TXN has been the topic of a number of recent analyst reports. Oppenheimer restated a “market perform” rating on shares of Texas Instruments in a research report on Wednesday. The Goldman Sachs Group boosted their price target on shares of Texas Instruments from $137.00 to $157.00 and gave the company a “sell” rating in a research report on Wednesday. Truist Financial boosted their price target on shares of Texas Instruments from $165.00 to $167.00 and gave the company a “hold” rating in a research report on Wednesday. Robert W. Baird boosted their price target on shares of Texas Instruments from $125.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Mizuho boosted their target price 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 assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $180.74.

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.