Romano Brothers AND Company Has $3.30 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Romano Brothers AND Company reduced its position in Texas Instruments Incorporated (NASDAQ:TXN) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,603 shares of the semiconductor company’s stock after selling 425 shares during the quarter. Romano Brothers AND Company’s holdings in Texas Instruments were worth $3,301,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. HF Advisory Group LLC boosted its position in shares of Texas Instruments by 0.6% during the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company’s stock valued at $1,602,000 after purchasing an additional 52 shares in the last quarter. Aaron Wealth Advisors LLC lifted its stake in Texas Instruments by 3.8% in the fourth quarter. Aaron Wealth Advisors LLC now owns 6,463 shares of the semiconductor company’s stock valued at $1,212,000 after buying an additional 235 shares during the period. Moss Adams Wealth Advisors LLC boosted its holdings in shares of Texas Instruments by 6.0% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 1,704 shares of the semiconductor company’s stock worth $320,000 after buying an additional 97 shares in the last quarter. Nexus Investment Management ULC grew its position in shares of Texas Instruments by 3.3% during the 4th quarter. Nexus Investment Management ULC now owns 100,665 shares of the semiconductor company’s stock worth $18,876,000 after buying an additional 3,190 shares during the period. Finally, Financial Management Professionals Inc. increased its stake in shares of Texas Instruments by 7.9% in the 4th quarter. Financial Management Professionals Inc. now owns 5,063 shares of the semiconductor company’s stock valued at $949,000 after acquiring an additional 372 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the completion of the sale, the director now owns 20,461 shares of the company’s stock, valued at $4,272,256.80. This represents a 32.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $192.42 on Friday. The firm has a market capitalization of $175.53 billion, a PE ratio of 35.77, a P/E/G ratio of 3.69 and a beta of 0.98. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. The company has a 50-day moving average price of $194.79 and a two-hundred day moving average price of $199.64. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.09. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. During the same period last year, the company earned $1.80 earnings per share. The business’s revenue for the quarter was down 8.4% on a year-over-year basis. Equities analysts forecast that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be paid a $1.36 dividend. The ex-dividend date is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.83%. Texas Instruments’s dividend payout ratio is currently 101.12%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on TXN shares. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Barclays reduced their price objective on Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 23rd. Benchmark reaffirmed a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research report on Wednesday, October 23rd. Susquehanna cut their target price on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a report on Monday, October 21st. Finally, Robert W. Baird decreased their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average target price of $209.71.

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.