Transform Wealth LLC Has $416,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Transform Wealth LLC reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 5.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,141 shares of the semiconductor company’s stock after selling 115 shares during the quarter. Transform Wealth LLC’s holdings in Texas Instruments were worth $416,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Texas Instruments by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 90,572,576 shares of the semiconductor company’s stock valued at $15,778,648,000 after buying an additional 536,206 shares in the last quarter. Capital Research Global Investors raised its position in shares of Texas Instruments by 4.7% during the first quarter. Capital Research Global Investors now owns 28,715,467 shares of the semiconductor company’s stock worth $5,002,522,000 after purchasing an additional 1,279,828 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Texas Instruments by 6.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,048,334 shares of the semiconductor company’s stock worth $3,398,637,000 after purchasing an additional 1,154,513 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Texas Instruments by 10.1% in the 4th quarter. Franklin Resources Inc. now owns 11,928,210 shares of the semiconductor company’s stock worth $2,033,283,000 after purchasing an additional 1,095,303 shares in the last quarter. Finally, Norges Bank acquired a new stake in Texas Instruments in the 4th quarter valued at $1,649,592,000. 84.99% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. KeyCorp lifted their price objective on shares of Texas Instruments from $200.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, July 24th. TD Cowen lifted their price target on Texas Instruments from $160.00 to $175.00 and gave the company a “hold” rating in a research note on Wednesday, April 24th. Oppenheimer reissued a “market perform” rating on shares of Texas Instruments in a research note on Wednesday, April 24th. Robert W. Baird lifted their target price on Texas Instruments from $175.00 to $200.00 and gave the company a “neutral” rating in a research report on Wednesday, July 24th. Finally, Benchmark reiterated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a report on Wednesday, July 24th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $198.64.

Texas Instruments Stock Up 1.0 %

Shares of NASDAQ TXN opened at $194.07 on Tuesday. The company has a market cap of $177.20 billion, a price-to-earnings ratio of 29.96, a PEG ratio of 4.18 and a beta of 0.99. The company has a quick ratio of 3.49, a current ratio of 4.62 and a debt-to-equity ratio of 0.75. The firm’s fifty day moving average is $196.88 and its 200 day moving average is $181.84. Texas Instruments Incorporated has a 52 week low of $139.48 and a 52 week high of $210.84.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. The company had revenue of $3.82 billion during the quarter, compared to analyst estimates of $3.82 billion. During the same period in the prior year, the business posted $1.87 earnings per share. Texas Instruments’s revenue for the quarter was down 15.6% on a year-over-year basis. On average, equities research analysts expect that Texas Instruments Incorporated will post 5.11 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 13th. Stockholders of record on Wednesday, July 31st will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Wednesday, July 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.68%. Texas Instruments’s dividend payout ratio (DPR) is presently 81.12%.

Texas Instruments Company 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.