Stratos Investment Management LLC Has $1.50 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Stratos Investment Management LLC trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 17.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,990 shares of the semiconductor company’s stock after selling 1,701 shares during the period. Stratos Investment Management LLC’s holdings in Texas Instruments were worth $1,498,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Stratos Wealth Advisors LLC increased its holdings in Texas Instruments by 10.8% during the fourth quarter. Stratos Wealth Advisors LLC now owns 1,340 shares of the semiconductor company’s stock worth $251,000 after buying an additional 131 shares during the last quarter. Stratos Wealth Partners LTD. increased its holdings in Texas Instruments by 3.4% during the fourth quarter. Stratos Wealth Partners LTD. now owns 47,918 shares of the semiconductor company’s stock worth $8,985,000 after buying an additional 1,564 shares during the last quarter. Paragon Capital Management Inc. increased its holdings in Texas Instruments by 39.3% during the fourth quarter. Paragon Capital Management Inc. now owns 5,034 shares of the semiconductor company’s stock worth $944,000 after buying an additional 1,419 shares during the last quarter. Sargent Investment Group LLC bought a new position in Texas Instruments during the fourth quarter worth $426,000. Finally, Avitas Wealth Management LLC boosted its position in Texas Instruments by 0.5% during the fourth quarter. Avitas Wealth Management LLC now owns 10,835 shares of the semiconductor company’s stock worth $2,032,000 after purchasing an additional 59 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TXN has been the subject of a number of research analyst reports. Evercore ISI lifted their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial reduced their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Barclays reduced their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Finally, Robert W. Baird reduced their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $209.20.

Insider Activity

In related news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the sale, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.68% of the stock is currently owned by insiders.

Texas Instruments Stock Down 0.2 %

Shares of NASDAQ TXN opened at $180.56 on Wednesday. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The company has a market cap of $164.71 billion, a price-to-earnings ratio of 34.79, a PEG ratio of 2.94 and a beta of 0.97. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. The stock has a 50-day moving average price of $191.25 and a two-hundred day moving average price of $198.57.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the prior year, the business earned $1.49 earnings per share. As a group, analysts forecast that Texas Instruments Incorporated will post 5.42 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Texas Instruments 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.