Stratos Wealth Partners LTD. raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 3.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 47,918 shares of the semiconductor company’s stock after acquiring an additional 1,564 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Texas Instruments were worth $8,985,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of TXN. Financial Life Planners acquired a new position in shares of Texas Instruments in the 4th quarter worth approximately $26,000. Retirement Wealth Solutions LLC bought a new position in Texas Instruments during the fourth quarter worth $27,000. MidAtlantic Capital Management Inc. acquired a new position in Texas Instruments in the third quarter valued at $28,000. Tsfg LLC boosted its position in Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 82 shares during the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in Texas Instruments during the 3rd quarter worth about $39,000. Institutional investors own 84.99% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently commented on TXN. Cantor Fitzgerald restated a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Rosenblatt Securities restated a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a report on Tuesday, January 21st. Bank of America lowered their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Finally, Morgan Stanley boosted their target price on Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $209.20.
Insider Buying and Selling at Texas Instruments
In related news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the sale, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.
Texas Instruments Price Performance
Texas Instruments stock opened at $181.59 on Thursday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The company has a market cap of $165.65 billion, a P/E ratio of 34.99, a price-to-earnings-growth ratio of 2.94 and a beta of 0.97. The business has a fifty day moving average of $190.84 and a two-hundred day moving average of $198.44.
Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (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 previous year, the firm earned $1.49 earnings per share. As a group, analysts predict that Texas Instruments Incorporated will post 5.42 earnings per share for the current fiscal year.
Texas Instruments Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s payout ratio is 104.82%.
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.
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