180 Wealth Advisors LLC Has $559,000 Position in Texas Instruments Incorporated (NASDAQ:TXN)

180 Wealth Advisors LLC lessened its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 35.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 3,108 shares of the semiconductor company’s stock after selling 1,694 shares during the period. 180 Wealth Advisors LLC’s holdings in Texas Instruments were worth $559,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in TXN. Norges Bank bought a new position in Texas Instruments during the 4th quarter worth approximately $1,548,365,000. Moneta Group Investment Advisors LLC grew its holdings in shares of Texas Instruments by 60,024.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 8,363,303 shares of the semiconductor company’s stock valued at $1,381,785,000 after buying an additional 8,349,393 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Texas Instruments by 497.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 7,377,079 shares of the semiconductor company’s stock valued at $247,302,000 after buying an additional 6,141,556 shares in the last quarter. Morgan Stanley increased its position in shares of Texas Instruments by 54.4% in the 4th quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company’s stock valued at $2,434,572,000 after buying an additional 5,191,426 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Texas Instruments by 28.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,634,827 shares of the semiconductor company’s stock worth $2,748,406,000 after buying an additional 3,655,383 shares during the period. Institutional investors own 83.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on TXN shares. Susquehanna restated a “positive” rating and issued a $215.00 price target on shares of Texas Instruments in a report on Monday. Citigroup lifted their price target on shares of Texas Instruments from $173.00 to $182.00 and gave the company a “neutral” rating in a research note on Tuesday, July 18th. Sanford C. Bernstein downgraded shares of Texas Instruments from a “market perform” rating to an “underperform” rating and set a $145.00 price objective for the company. in a research report on Wednesday, August 30th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research report on Tuesday, July 25th. Finally, Stifel Nicolaus upped their target price on shares of Texas Instruments from $170.00 to $180.00 in a research note on Wednesday, July 26th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Texas Instruments currently has an average rating of “Hold” and a consensus price target of $185.32.

Insider Activity

In related news, Director Carrie Smith Cox sold 16,055 shares of Texas Instruments stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $180.04, for a total transaction of $2,890,542.20. Following the completion of the sale, the director now directly owns 35,801 shares of the company’s stock, valued at approximately $6,445,612.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Texas Instruments news, Director Carrie Smith Cox sold 16,055 shares of the business’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $180.04, for a total value of $2,890,542.20. Following the completion of the sale, the director now owns 35,801 shares of the company’s stock, valued at approximately $6,445,612.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Pamela H. Patsley sold 10,539 shares of the business’s stock in a transaction dated Thursday, July 27th. The shares were sold at an average price of $179.34, for a total transaction of $1,890,064.26. Following the completion of the sale, the director now directly owns 32,662 shares of the company’s stock, valued at approximately $5,857,603.08. The disclosure for this sale can be found here. 0.54% of the stock is owned by company insiders.

Texas Instruments Stock Performance

TXN opened at $162.83 on Tuesday. The company has a quick ratio of 4.35, a current ratio of 5.72 and a debt-to-equity ratio of 0.69. Texas Instruments Incorporated has a 12-month low of $145.97 and a 12-month high of $188.12. The business has a 50 day moving average of $172.20 and a 200-day moving average of $173.18. The stock has a market cap of $147.84 billion, a price-to-earnings ratio of 19.57, a PEG ratio of 2.37 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, July 25th. The semiconductor company reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.11. Texas Instruments had a return on equity of 50.90% and a net margin of 40.84%. The business had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter last year, the firm posted $2.45 EPS. The company’s quarterly revenue was down 13.1% on a year-over-year basis. On average, equities research analysts expect that Texas Instruments Incorporated will post 7.34 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Monday, July 31st were issued a dividend of $1.24 per share. This represents a $4.96 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend was Friday, July 28th. Texas Instruments’s dividend payout ratio is presently 59.62%.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. It operates in two segments, Analog and Embedded Processing. 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.