JFS Wealth Advisors LLC Lowers Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

JFS Wealth Advisors LLC lowered its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,113 shares of the semiconductor company’s stock after selling 115 shares during the period. JFS Wealth Advisors LLC’s holdings in Texas Instruments were worth $771,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of TXN. Howard Capital Management Group LLC purchased a new position in shares of Texas Instruments in the third quarter worth about $202,000. Revolve Wealth Partners LLC purchased a new position in Texas Instruments during the 3rd quarter valued at about $210,000. Vest Financial LLC increased its holdings in Texas Instruments by 67.2% during the 3rd quarter. Vest Financial LLC now owns 16,944 shares of the semiconductor company’s stock valued at $3,500,000 after purchasing an additional 6,813 shares during the period. McClarren Financial Advisors Inc. purchased a new position in Texas Instruments during the 3rd quarter valued at about $43,000. Finally, Brown Lisle Cummings Inc. increased its holdings in Texas Instruments by 4.6% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 16,006 shares of the semiconductor company’s stock valued at $3,306,000 after purchasing an additional 700 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Performance

TXN stock opened at $183.03 on Tuesday. The stock has a market capitalization of $166.96 billion, a PE ratio of 35.27, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 12-month low of $158.90 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. The stock’s 50 day simple moving average is $188.18 and its 200 day simple moving average is $197.31.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (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 period in the previous year, the firm posted $1.49 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were paid a dividend of $1.36 per share. The ex-dividend date was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.97%. Texas Instruments’s dividend payout ratio is presently 104.82%.

Analyst Ratings Changes

TXN has been the topic of a number of research analyst reports. Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Barclays cut their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Susquehanna cut their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research report on Monday, October 21st. Finally, Robert W. Baird cut their price objective on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus target price of $209.20.

Insider Buying and Selling at Texas Instruments

In other news, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the sale, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. This represents a 4.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the sale, the director now owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

About Texas Instruments

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.