Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Wealthspire Advisors LLC

Wealthspire Advisors LLC grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 14.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,782 shares of the semiconductor company’s stock after purchasing an additional 1,124 shares during the quarter. Wealthspire Advisors LLC’s holdings in Texas Instruments were worth $1,497,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. National Pension Service grew its stake in shares of Texas Instruments by 2.0% during the fourth quarter. National Pension Service now owns 1,532,198 shares of the semiconductor company’s stock valued at $261,178,000 after acquiring an additional 30,117 shares in the last quarter. RMR Wealth Builders boosted its stake in shares of Texas Instruments by 2.4% during the 4th quarter. RMR Wealth Builders now owns 4,117 shares of the semiconductor company’s stock valued at $702,000 after buying an additional 95 shares during the last quarter. Cullen Frost Bankers Inc. increased its stake in shares of Texas Instruments by 3.2% in the fourth quarter. Cullen Frost Bankers Inc. now owns 126,282 shares of the semiconductor company’s stock worth $21,526,000 after buying an additional 3,864 shares during the last quarter. Everpar Advisors LLC acquired a new stake in Texas Instruments in the fourth quarter valued at $388,000. Finally, Gryphon Financial Partners LLC boosted its stake in Texas Instruments by 48.7% during the 4th quarter. Gryphon Financial Partners LLC now owns 5,711 shares of the semiconductor company’s stock valued at $982,000 after acquiring an additional 1,870 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on TXN. KeyCorp increased their price target on shares of Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 24th. Barclays reduced their price target on shares of Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, January 24th. Mizuho raised their price objective on Texas Instruments from $164.00 to $170.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 24th. Robert W. Baird upped their target price on Texas Instruments from $125.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, April 25th. Finally, Truist Financial lifted their price target on Texas Instruments from $165.00 to $167.00 and gave the stock a “hold” rating in a research note on Wednesday, April 24th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and an average target price of $180.74.

Insider Activity at Texas Instruments

In related news, Director Pamela H. Patsley sold 9,990 shares of Texas Instruments stock in a transaction dated 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 completion of the sale, the director now directly owns 33,348 shares in the company, valued at $5,973,293.76. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Pamela H. Patsley sold 9,990 shares of the company’s stock in a transaction dated 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 completion of the sale, the director now owns 33,348 shares in the company, valued at $5,973,293.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Richard K. Templeton sold 104,000 shares of Texas Instruments stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $175.83, for a total transaction of $18,286,320.00. Following the transaction, the chairman now directly owns 403,851 shares in the company, valued at $71,009,121.33. The disclosure for this sale can be found here. Insiders sold a total of 328,969 shares of company stock valued at $58,427,984 over the last quarter. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Price Performance

Shares of NASDAQ TXN traded up $1.37 during mid-day trading on Thursday, hitting $185.32. 5,838,456 shares of the stock were exchanged, compared to its average volume of 5,653,791. The stock’s fifty day simple moving average is $171.80 and its two-hundred day simple moving average is $163.72. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.76 and a current ratio of 4.91. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The company has a market cap of $168.73 billion, a P/E ratio of 28.91, a PEG ratio of 3.81 and a beta of 1.01.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. The company had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The firm’s quarterly revenue was down 16.4% compared to the same quarter last year. During the same period last year, the company posted $1.85 earnings per share. As a group, analysts forecast that Texas Instruments Incorporated will post 5.21 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 annualized dividend and a dividend yield of 2.81%. Texas Instruments’s dividend payout ratio (DPR) is currently 81.12%.

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.