Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by United Asset Strategies Inc.

United Asset Strategies Inc. lessened its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 55.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,458 shares of the semiconductor company’s stock after selling 7,994 shares during the period. United Asset Strategies Inc.’s holdings in Texas Instruments were worth $1,101,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Salem Investment Counselors Inc. grew its stake in Texas Instruments by 16.8% during the 1st quarter. Salem Investment Counselors Inc. now owns 417 shares of the semiconductor company’s stock valued at $77,000 after acquiring an additional 60 shares in the last quarter. International Assets Investment Management LLC grew its stake in Texas Instruments by 2.8% during the 1st quarter. International Assets Investment Management LLC now owns 2,266 shares of the semiconductor company’s stock valued at $416,000 after acquiring an additional 61 shares in the last quarter. Polar Capital Holdings Plc grew its stake in shares of Texas Instruments by 0.6% in the 1st quarter. Polar Capital Holdings Plc now owns 9,822 shares of the semiconductor company’s stock valued at $1,802,000 after buying an additional 63 shares during the period. Riverview Trust Co grew its stake in shares of Texas Instruments by 57.4% in the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 66 shares during the period. Finally, Howard Financial Services LTD. grew its stake in shares of Texas Instruments by 3.1% in the 4th quarter. Howard Financial Services LTD. now owns 2,177 shares of the semiconductor company’s stock valued at $371,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insiders Place Their Bets

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the completion of the sale, the director now directly owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.68% of the stock is owned by company insiders.

Texas Instruments Price Performance

Texas Instruments stock opened at $167.59 on Wednesday. The firm has a market cap of $152.52 billion, a PE ratio of 23.74, a price-to-earnings-growth ratio of 3.58 and a beta of 1.04. Texas Instruments Incorporated has a 52-week low of $139.48 and a 52-week high of $188.12. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The company’s 50 day moving average is $167.95 and its two-hundred day moving average is $161.68.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. The business had revenue of $4.08 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The company’s revenue was down 12.7% on a year-over-year basis. During the same period last year, the business earned $2.13 EPS. On average, research analysts expect that Texas Instruments Incorporated will post 5.16 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Wednesday, January 31st were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Tuesday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is 73.65%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TXN shares. Evercore ISI started coverage on shares of Texas Instruments in a research note on Tuesday. They issued an “outperform” rating and a $213.00 price target for the company. Rosenblatt Securities reissued a “buy” rating and issued a $190.00 price target on shares of Texas Instruments in a research note on Tuesday, January 23rd. KeyCorp increased their price target on shares of Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, January 24th. TD Cowen increased their price target on shares of Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a research note on Wednesday, January 24th. Finally, Morgan Stanley increased their price objective on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 24th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and an average price target of $176.68.

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.