United Asset Strategies Inc. Raises Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

United Asset Strategies Inc. boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 4.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,902 shares of the semiconductor company’s stock after buying an additional 406 shares during the quarter. United Asset Strategies Inc.’s holdings in Texas Instruments were worth $1,669,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Fiduciary Alliance LLC raised its position in shares of Texas Instruments by 25.3% in the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock worth $6,901,000 after acquiring an additional 7,424 shares in the last quarter. Townsquare Capital LLC raised its holdings in Texas Instruments by 5.9% in the third quarter. Townsquare Capital LLC now owns 93,689 shares of the semiconductor company’s stock worth $19,353,000 after purchasing an additional 5,201 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Texas Instruments by 454.5% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company’s stock valued at $244,386,000 after buying an additional 1,029,741 shares during the last quarter. HB Wealth Management LLC lifted its position in shares of Texas Instruments by 4.4% during the fourth quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock valued at $18,724,000 after buying an additional 4,238 shares during the last quarter. Finally, Swiss National Bank grew its position in shares of Texas Instruments by 0.3% in the 3rd quarter. Swiss National Bank now owns 2,702,500 shares of the semiconductor company’s stock worth $558,255,000 after buying an additional 8,100 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Activity

In other news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were 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 represents a 42.39 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.68% of the company’s stock.

Texas Instruments Stock Down 7.5 %

Shares of TXN opened at $185.52 on Monday. The firm has a market cap of $169.24 billion, a P/E ratio of 34.48, a PEG ratio of 3.84 and a beta of 0.98. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. The stock’s 50 day moving average is $193.38 and its two-hundred day moving average is $199.43. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. During the same period last year, the firm posted $1.49 EPS. Analysts predict that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 101.12%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on TXN shares. Morgan Stanley raised their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research note on Wednesday, October 23rd. Wells Fargo & Company dropped 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 decreased their price target on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research note on Friday. Benchmark restated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research note on Friday. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $209.20.

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.