Western Wealth Management LLC Acquires 344 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Western Wealth Management LLC increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,775 shares of the semiconductor company’s stock after purchasing an additional 344 shares during the quarter. Western Wealth Management LLC’s holdings in Texas Instruments were worth $2,007,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Norges Bank acquired a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $1,548,365,000. Moneta Group Investment Advisors LLC boosted 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 last quarter. Morgan Stanley boosted its holdings 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 during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Texas Instruments by 13.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 14,638,302 shares of the semiconductor company’s stock valued at $2,685,836,000 after buying an additional 1,779,273 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of Texas Instruments by 565.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,693,577 shares of the semiconductor company’s stock valued at $288,687,000 after buying an additional 1,439,066 shares during the last quarter. 84.99% of the stock is owned by institutional investors.

Texas Instruments Trading Up 0.3 %

TXN traded up $0.41 during trading on Friday, hitting $164.08. The company’s stock had a trading volume of 826,080 shares, compared to its average volume of 5,409,542. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The stock’s fifty day moving average price is $168.16 and its 200-day moving average price is $161.72. The firm has a market capitalization of $149.32 billion, a P/E ratio of 23.18, a PEG ratio of 3.56 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.03. The firm had revenue of $4.08 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The company’s revenue was down 12.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.13 earnings per share. Analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current year.

Wall Street Analysts Forecast Growth

TXN has been the subject of a number of research reports. Rosenblatt Securities reissued a “buy” rating and set a $190.00 target price on shares of Texas Instruments in a report on Tuesday, January 23rd. UBS Group raised Texas Instruments from a “neutral” rating to a “buy” rating and boosted their price target for the company from $170.00 to $195.00 in a research note on Friday, January 19th. Mizuho dropped their price target on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a research note on Wednesday, January 24th. TD Cowen boosted their price target on Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a research note on Wednesday, January 24th. Finally, Cantor Fitzgerald boosted their price target on Texas Instruments from $170.00 to $180.00 and gave the company a “neutral” rating in a research note on Monday, April 8th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $176.68.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the completion of the transaction, the director now owns 11,693 shares in the company, valued at approximately $1,869,126.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.68% of the stock is currently owned by insiders.

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.