RWA Wealth Partners LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,751 shares of the semiconductor company’s stock after purchasing an additional 185 shares during the quarter. RWA Wealth Partners LLC’s holdings in Texas Instruments were worth $3,703,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. HF Advisory Group LLC raised its position in Texas Instruments by 0.6% in the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company’s stock worth $1,602,000 after purchasing an additional 52 shares during the last quarter. Blossom Wealth Management lifted its stake in shares of Texas Instruments by 5.1% during the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company’s stock valued at $213,000 after acquiring an additional 55 shares during the period. OLD Second National Bank of Aurora lifted its stake in shares of Texas Instruments by 11.1% during the fourth quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company’s stock valued at $107,000 after acquiring an additional 57 shares during the period. Avitas Wealth Management LLC boosted its holdings in Texas Instruments by 0.5% in the fourth quarter. Avitas Wealth Management LLC now owns 10,835 shares of the semiconductor company’s stock valued at $2,032,000 after acquiring an additional 59 shares during the last quarter. Finally, Augustine Asset Management Inc. increased its position in Texas Instruments by 5.2% in the fourth quarter. Augustine Asset Management Inc. now owns 1,204 shares of the semiconductor company’s stock worth $226,000 after purchasing an additional 60 shares during the period. Institutional investors own 84.99% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on TXN. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Wells Fargo & Company lowered their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Barclays reduced their price target on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Finally, Mizuho dropped their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $209.20.
Insider Buying and Selling at Texas Instruments
In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the transaction, the director now directly owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction that occurred 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 in the company, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 297,655 shares of company stock worth $59,841,304. Insiders own 0.57% of the company’s stock.
Texas Instruments Stock Performance
TXN opened at $176.33 on Monday. The company has a market capitalization of $160.45 billion, a price-to-earnings ratio of 33.97, a P/E/G ratio of 3.30 and a beta of 0.98. The business’s 50-day moving average price is $186.45 and its two-hundred day moving average price is $194.62. Texas Instruments Incorporated has a 1 year low of $159.11 and a 1 year high of $220.39. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.
Texas Instruments (NASDAQ:TXN – Get Free Report) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 period last year, the firm posted $1.49 EPS. Equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.
Texas Instruments Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.
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.
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