Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Raised by RWA Wealth Partners LLC

RWA Wealth Partners LLC raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 170.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,471 shares of the semiconductor company’s stock after purchasing an additional 11,642 shares during the period. RWA Wealth Partners LLC’s holdings in Texas Instruments were worth $3,149,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Annapolis Financial Services LLC raised its stake in shares of Texas Instruments by 333.3% in the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 120 shares in the last quarter. Briaud Financial Planning Inc bought a new position in shares of Texas Instruments in the 3rd quarter valued at approximately $25,000. Tennessee Valley Asset Management Partners bought a new position in shares of Texas Instruments in the 4th quarter valued at approximately $25,000. Life Planning Partners Inc bought a new position in shares of Texas Instruments in the 4th quarter valued at approximately $26,000. Finally, Riverview Trust Co raised 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 acquiring an additional 66 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Price Performance

Texas Instruments stock opened at $165.47 on Wednesday. The business has a 50 day simple moving average of $168.32 and a 200 day simple moving average of $161.90. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $188.12. The company has a market capitalization of $150.59 billion, a PE ratio of 23.44, a price-to-earnings-growth ratio of 3.52 and a beta of 1.04.

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

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on TXN shares. Rosenblatt Securities reaffirmed a “buy” rating and issued a $190.00 target price on shares of Texas Instruments in a report on Tuesday, January 23rd. Susquehanna lowered their target price on Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a report on Wednesday, January 24th. KeyCorp lifted their price objective on Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, January 24th. UBS Group raised Texas Instruments from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $170.00 to $195.00 in a report on Friday, January 19th. Finally, Morgan Stanley lifted their price objective on Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a report on Wednesday, January 24th. Three investment 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $177.47.

Insiders Place Their Bets

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the transaction, the director now owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.68% of the company’s stock.

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.