Independent Solutions Wealth Management LLC Has $2.26 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

Independent Solutions Wealth Management LLC lessened its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 3.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,024 shares of the semiconductor company’s stock after selling 417 shares during the period. Independent Solutions Wealth Management LLC’s holdings in Texas Instruments were worth $2,255,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TXN. Douglass Winthrop Advisors LLC lifted its holdings in shares of Texas Instruments by 22.1% during the fourth quarter. Douglass Winthrop Advisors LLC now owns 6,117 shares of the semiconductor company’s stock valued at $1,147,000 after acquiring an additional 1,106 shares during the period. iA Global Asset Management Inc. increased its position in shares of Texas Instruments by 5.6% during the 4th quarter. iA Global Asset Management Inc. now owns 98,323 shares of the semiconductor company’s stock worth $18,437,000 after purchasing an additional 5,248 shares in the last quarter. Talos Asset Management LP bought a new position in Texas Instruments during the 4th quarter valued at about $24,545,000. Teacher Retirement System of Texas grew its stake in Texas Instruments by 11.8% during the fourth quarter. Teacher Retirement System of Texas now owns 214,870 shares of the semiconductor company’s stock worth $40,290,000 after buying an additional 22,699 shares during the last quarter. Finally, Generali Investments Management Co LLC acquired a new stake in shares of Texas Instruments during the fourth quarter worth approximately $1,332,000. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction that occurred 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 sale, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the transaction, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $80,872,804.41. This trade represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 297,655 shares of company stock worth $59,841,304 over the last ninety days. Company insiders own 0.57% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Wells Fargo & Company reduced their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 21st. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Barclays reduced their price target on shares of 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. Finally, Truist Financial lowered their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Trading Down 0.6 %

TXN opened at $180.68 on Friday. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.39. The firm has a market cap of $164.40 billion, a PE ratio of 34.81, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The firm’s fifty day moving average is $187.69 and its two-hundred day moving average is $195.62.

Texas Instruments (NASDAQ:TXN) last announced its quarterly 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 period in the prior year, the company earned $1.49 earnings per share. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is 104.82%.

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.