Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Lifted by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 66.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,829 shares of the semiconductor company’s stock after purchasing an additional 8,340 shares during the period. Lake Street Advisors Group LLC’s holdings in Texas Instruments were worth $3,906,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TXN. Financial Life Planners bought a new position in Texas Instruments during the fourth quarter valued at approximately $26,000. Retirement Wealth Solutions LLC acquired a new position in shares of Texas Instruments during the 4th quarter worth $27,000. MidAtlantic Capital Management Inc. bought a new position in shares of Texas Instruments during the 3rd quarter valued at $28,000. Capital Performance Advisors LLP acquired a new stake in shares of Texas Instruments in the 3rd quarter valued at $39,000. Finally, FSA Wealth Management LLC bought a new stake in Texas Instruments in the third quarter worth $41,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Shares of TXN stock opened at $199.98 on Wednesday. Texas Instruments Incorporated has a 12 month low of $159.11 and a 12 month high of $220.38. The company has a market capitalization of $182.05 billion, a P/E ratio of 38.53, a P/E/G ratio of 3.30 and a beta of 0.97. The stock has a 50 day moving average of $188.91 and a two-hundred day moving average of $197.69. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the prior year, the company earned $1.49 EPS. As a group, equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were paid a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.72%. Texas Instruments’s payout ratio is currently 104.82%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Barclays cut their target price on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Wells Fargo & Company cut their price objective 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. Benchmark reaffirmed a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial dropped their price target on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research report on Friday, January 24th. Finally, Mizuho decreased their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Two equities 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’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $209.20.

Insider Buying and Selling

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now directly owns 10,816 shares in the company, valued at $2,202,353.92. This represents a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the transaction, the director now directly owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 200,655 shares of company stock valued at $40,665,374 over the last quarter. Corporate 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.