John G Ullman & Associates Inc. Sells 100 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

John G Ullman & Associates Inc. lowered its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,522 shares of the semiconductor company’s stock after selling 100 shares during the quarter. John G Ullman & Associates Inc.’s holdings in Texas Instruments were worth $771,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Resonant Capital Advisors LLC purchased a new stake in shares of Texas Instruments in the 4th quarter valued at about $1,165,000. Institute for Wealth Management LLC. grew its position in Texas Instruments by 0.9% during the 4th quarter. Institute for Wealth Management LLC. now owns 29,278 shares of the semiconductor company’s stock worth $4,991,000 after acquiring an additional 272 shares during the last quarter. Beaumont Financial Advisors LLC grew its position in Texas Instruments by 1.3% during the 4th quarter. Beaumont Financial Advisors LLC now owns 6,072 shares of the semiconductor company’s stock worth $1,035,000 after acquiring an additional 77 shares during the last quarter. Cutler Investment Counsel LLC grew its position in Texas Instruments by 0.8% during the 4th quarter. Cutler Investment Counsel LLC now owns 66,606 shares of the semiconductor company’s stock worth $11,354,000 after acquiring an additional 526 shares during the last quarter. Finally, HTLF Bank bought a new stake in shares of Texas Instruments in the 4th quarter worth approximately $5,034,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Down 2.4 %

TXN stock opened at $159.68 on Friday. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. The business’s 50-day moving average is $168.10 and its two-hundred day moving average is $161.72. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. The company has a market cap of $145.32 billion, a price-to-earnings ratio of 22.62, a P/E/G ratio of 3.52 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The company had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter in the prior year, the company earned $2.13 earnings per share. Texas Instruments’s revenue was down 12.7% on a year-over-year basis. As a group, analysts forecast that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Wall Street Analyst Weigh In

TXN has been the topic of a number of recent analyst reports. Evercore ISI initiated coverage on Texas Instruments in a research report on Tuesday. They issued an “outperform” rating and a $213.00 price objective on the stock. Truist Financial dropped their price target on Texas Instruments from $166.00 to $165.00 and set a “hold” rating on the stock in a research report on Friday, February 9th. Rosenblatt Securities restated a “buy” rating and set a $190.00 price target on shares of Texas Instruments in a research report on Tuesday, January 23rd. Cantor Fitzgerald lifted their price objective on Texas Instruments from $170.00 to $180.00 and gave the company a “neutral” rating in a research note on Monday, April 8th. Finally, UBS Group upgraded Texas Instruments from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $170.00 to $195.00 in a research note on Friday, January 19th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $176.68.

Insiders Place Their Bets

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was 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 in the company, valued at $1,869,126.05. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.68% of the company’s stock.

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.