Arkadios Wealth Advisors raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Get Rating) by 12.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,237 shares of the semiconductor company’s stock after purchasing an additional 1,844 shares during the period. Arkadios Wealth Advisors’ holdings in Texas Instruments were worth $2,683,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Endurance Wealth Management Inc. acquired a new stake in shares of Texas Instruments in the third quarter worth approximately $26,000. SJS Investment Consulting Inc. acquired a new stake in shares of Texas Instruments in the third quarter worth approximately $27,000. Core Wealth Advisors Inc. boosted its stake in shares of Texas Instruments by 993.8% in the third quarter. Core Wealth Advisors Inc. now owns 175 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 159 shares during the last quarter. Ten Capital Wealth Advisors LLC boosted its stake in shares of Texas Instruments by 685.7% in the third quarter. Ten Capital Wealth Advisors LLC now owns 220 shares of the semiconductor company’s stock worth $34,000 after acquiring an additional 192 shares during the last quarter. Finally, Beacon Capital Management LLC boosted its stake in shares of Texas Instruments by 34.5% in the third quarter. Beacon Capital Management LLC now owns 234 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 60 shares during the last quarter. 83.12% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of analysts have recently issued reports on the company. Mizuho lifted their price target on Texas Instruments from $159.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 25th. Truist Financial boosted their price objective on Texas Instruments from $177.00 to $180.00 and gave the stock a “hold” rating in a research note on Friday, February 3rd. Citigroup boosted their price objective on Texas Instruments from $155.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 18th. Deutsche Bank Aktiengesellschaft boosted their price objective on Texas Instruments from $155.00 to $158.00 in a research note on Wednesday, December 14th. Finally, Robert W. Baird boosted their price objective on Texas Instruments from $160.00 to $180.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 25th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $179.70.
Insider Buying and Selling
Texas Instruments Trading Down 0.8 %
Shares of TXN stock traded down $1.42 on Friday, hitting $175.71. The stock had a trading volume of 12,963,340 shares, compared to its average volume of 5,447,983. The company has a debt-to-equity ratio of 0.56, a current ratio of 4.70 and a quick ratio of 3.77. The firm has a market capitalization of $159.23 billion, a P/E ratio of 18.69, a P/E/G ratio of 2.50 and a beta of 1.04. Texas Instruments Incorporated has a 1 year low of $144.46 and a 1 year high of $191.34. The company’s 50 day moving average price is $175.62 and its 200-day moving average price is $169.48.
Texas Instruments (NASDAQ:TXN – Get Rating) last posted its quarterly earnings data on Tuesday, January 24th. The semiconductor company reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.17. The firm had revenue of $4.67 billion for the quarter, compared to the consensus estimate of $4.64 billion. Texas Instruments had a return on equity of 61.06% and a net margin of 43.68%. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.27 EPS. Analysts anticipate that Texas Instruments Incorporated will post 7.53 earnings per share for the current year.
Texas Instruments Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, February 14th. Investors of record on Tuesday, January 31st were paid a dividend of $1.24 per share. The ex-dividend date was Monday, January 30th. This represents a $4.96 annualized dividend and a yield of 2.82%. Texas Instruments’s payout ratio is 52.77%.
Texas Instruments Company Profile
Texas Instruments Incorporated engages in the design and manufacture of semiconductors. It operates through Analog and Embedded Processing segments. The Analog segment includes semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors.
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