Advisor OS LLC Trims Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Advisor OS LLC lowered its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 10.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,979 shares of the semiconductor company’s stock after selling 442 shares during the quarter. Advisor OS LLC’s holdings in Texas Instruments were worth $746,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TXN. MidAtlantic Capital Management Inc. purchased a new stake in Texas Instruments in the third quarter worth $28,000. Financial Life Planners bought a new position in Texas Instruments in the 4th quarter worth $26,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Texas Instruments in the 4th quarter worth about $27,000. Capital Performance Advisors LLP bought a new stake in shares of Texas Instruments during the 3rd quarter valued at about $39,000. Finally, FSA Wealth Management LLC purchased a new position in shares of Texas Instruments during the third quarter valued at about $41,000. 84.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on TXN shares. Wells Fargo & Company lowered their price objective 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 restated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Rosenblatt Securities restated a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a research report on Tuesday, January 21st. Benchmark reiterated a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Finally, Barclays dropped their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average price target of $209.20.

Insider Activity at Texas Instruments

In related news, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the sale, the chairman now owns 409,089 shares in the company, valued at approximately $82,930,522.08. This represents a 19.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the sale, the director now directly owns 10,816 shares of the company’s stock, valued at $2,202,353.92. The trade was a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 200,655 shares of company stock worth $40,665,374 over the last quarter. Company insiders own 0.68% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN opened at $198.24 on Thursday. The company has a market cap of $180.46 billion, a price-to-earnings ratio of 38.20, a P/E/G ratio of 3.30 and a beta of 0.97. The business’s fifty day simple moving average is $189.17 and its two-hundred day simple moving average is $197.70. Texas Instruments Incorporated has a 12 month low of $159.11 and a 12 month high of $220.38. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating 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 EPS. Research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a dividend of $1.36 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.74%. Texas Instruments’s payout ratio is 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.