Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Arkadios Wealth Advisors

Arkadios Wealth Advisors trimmed its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 5.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,442 shares of the semiconductor company’s stock after selling 1,457 shares during the quarter. Arkadios Wealth Advisors’ holdings in Texas Instruments were worth $4,337,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Life Planning Partners Inc acquired a new position in Texas Instruments during the fourth quarter worth about $26,000. Annapolis Financial Services LLC grew its stake in shares of Texas Instruments by 333.3% in the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 120 shares during the last quarter. Briaud Financial Planning Inc bought a new stake in shares of Texas Instruments in the 3rd quarter worth approximately $25,000. Riverview Trust Co boosted its holdings in Texas Instruments by 57.4% during the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after buying an additional 66 shares in the last quarter. Finally, Coppell Advisory Solutions Corp. acquired a new stake in shares of Texas Instruments during the 4th quarter valued at $30,000. 84.99% of the stock is currently owned by institutional investors.

Insider Activity

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Rosenblatt Securities restated a “buy” rating and set a $190.00 price target on shares of Texas Instruments in a report on Tuesday, January 23rd. TD Cowen increased their target price on Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a report on Wednesday, January 24th. Susquehanna dropped their price target on Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a research report on Wednesday, January 24th. Cantor Fitzgerald reissued a “neutral” rating and issued a $170.00 price objective on shares of Texas Instruments in a research note on Monday, March 4th. Finally, UBS Group upgraded Texas Instruments from a “neutral” rating to a “buy” rating and upped their target price for the company from $170.00 to $195.00 in a report on Friday, January 19th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average target price of $173.89.

Texas Instruments Trading Down 0.6 %

Shares of NASDAQ:TXN opened at $167.50 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. The stock’s 50-day moving average is $166.77 and its 200-day moving average is $161.22. The company has a market cap of $152.44 billion, a P/E ratio of 23.73, a P/E/G ratio of 3.63 and a beta of 1.04. Texas Instruments Incorporated has a 52-week low of $139.48 and a 52-week high of $188.12.

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

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Wednesday, January 31st were paid a dividend of $1.30 per share. The ex-dividend date was Tuesday, January 30th. This represents a $5.20 annualized dividend and a yield of 3.10%. Texas Instruments’s dividend payout ratio is 73.65%.

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.