Austin Private Wealth LLC Has $777,000 Position in Texas Instruments Incorporated (NASDAQ:TXN)

Austin Private Wealth LLC increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 7.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,142 shares of the semiconductor company’s stock after acquiring an additional 271 shares during the period. Austin Private Wealth LLC’s holdings in Texas Instruments were worth $777,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of TXN. Assenagon Asset Management S.A. raised its stake in Texas Instruments by 948.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 4,794,646 shares of the semiconductor company’s stock valued at $899,044,000 after buying an additional 4,337,295 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Texas Instruments by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company’s stock valued at $3,976,562,000 after buying an additional 782,053 shares during the period. International Assets Investment Management LLC raised its stake in Texas Instruments by 17,253.3% in the third quarter. International Assets Investment Management LLC now owns 613,440 shares of the semiconductor company’s stock valued at $126,718,000 after buying an additional 609,905 shares during the period. Geode Capital Management LLC raised its stake in Texas Instruments by 2.3% in the third quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company’s stock valued at $4,382,936,000 after buying an additional 487,892 shares during the period. Finally, State Street Corp raised its stake in Texas Instruments by 0.9% in the third quarter. State Street Corp now owns 41,679,234 shares of the semiconductor company’s stock valued at $8,609,679,000 after buying an additional 391,306 shares during the period. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling

In other news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction dated 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 transaction, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Trading Down 0.4 %

NASDAQ TXN opened at $184.61 on Friday. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38. The company has a market cap of $168.40 billion, a price-to-earnings ratio of 35.57, a price-to-earnings-growth ratio of 2.87 and a beta of 0.98. The business’s fifty day moving average is $191.95 and its 200 day moving average is $198.96.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping 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 last year, the company posted $1.49 earnings per share. As a group, sell-side analysts expect that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.95%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Analysts Set New Price Targets

TXN has been the topic of a number of recent research reports. Robert W. Baird lowered their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Wells Fargo & Company lowered their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Truist Financial lowered their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Morgan Stanley increased their price target on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Finally, Mizuho reduced their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $209.20.

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.