Atlas Capital Advisors LLC Has $80,000 Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Atlas Capital Advisors LLC decreased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 96.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 462 shares of the semiconductor company’s stock after selling 11,400 shares during the period. Atlas Capital Advisors LLC’s holdings in Texas Instruments were worth $80,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TXN. Federated Hermes Inc. lifted its position in Texas Instruments by 20.4% during the 3rd quarter. Federated Hermes Inc. now owns 10,262 shares of the semiconductor company’s stock worth $1,632,000 after buying an additional 1,739 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in Texas Instruments by 7.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,039 shares of the semiconductor company’s stock valued at $1,437,000 after purchasing an additional 634 shares during the period. Bamco Inc. NY lifted its position in Texas Instruments by 11.1% during the 3rd quarter. Bamco Inc. NY now owns 9,365 shares of the semiconductor company’s stock valued at $1,489,000 after purchasing an additional 933 shares during the period. Bank of Nova Scotia lifted its position in Texas Instruments by 90.5% during the 3rd quarter. Bank of Nova Scotia now owns 153,116 shares of the semiconductor company’s stock valued at $24,347,000 after purchasing an additional 72,732 shares during the period. Finally, Itau Unibanco Holding S.A. acquired a new position in Texas Instruments during the 3rd quarter valued at about $257,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Trading Down 0.7 %

NASDAQ:TXN opened at $193.10 on Thursday. The company has a market cap of $175.81 billion, a P/E ratio of 30.12, a price-to-earnings-growth ratio of 4.21 and a beta of 1.00. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $206.00. The business has a 50 day moving average price of $188.42 and a two-hundred day moving average price of $174.66.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.07 by $0.13. The company had revenue of $3.66 billion during the quarter, compared to the consensus estimate 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 for the quarter was down 16.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.85 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 5.13 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th were issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend was Tuesday, May 7th. Texas Instruments’s dividend payout ratio is 81.12%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on TXN shares. JPMorgan Chase & Co. upped their target price on shares of Texas Instruments from $180.00 to $195.00 and gave the company an “overweight” rating in a research report on Wednesday, April 24th. Truist Financial upped their target price on shares of Texas Instruments from $165.00 to $167.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. Oppenheimer reaffirmed a “market perform” rating on shares of Texas Instruments in a research note on Wednesday, April 24th. Evercore ISI upped their price target on Texas Instruments from $213.00 to $225.00 and gave the company an “outperform” rating in a research note on Wednesday, April 24th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $210.00 price target on shares of Texas Instruments in a research note on Wednesday, April 24th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average price target of $183.43.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Pamela H. Patsley sold 9,990 shares of the firm’s stock in a transaction on 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 Securities & Exchange Commission, which is available at the SEC website. In other Texas Instruments news, Chairman Richard K. Templeton sold 104,000 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $178.68, for a total transaction of $18,582,720.00. Following the transaction, the chairman now owns 403,851 shares in the company, valued at approximately $72,160,096.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Pamela H. Patsley sold 9,990 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $179.12, for a total value of $1,789,408.80. Following the transaction, the director now owns 33,348 shares in the company, valued at approximately $5,973,293.76. The disclosure for this sale can be found here. Insiders sold 328,969 shares of company stock valued at $58,427,984 in the last quarter. 0.68% of the stock is currently owned by insiders.

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.