Atria Wealth Solutions Inc. Has $4.42 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Atria Wealth Solutions Inc. trimmed its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 16.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,938 shares of the semiconductor company’s stock after selling 5,203 shares during the period. Atria Wealth Solutions Inc.’s holdings in Texas Instruments were worth $4,421,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Tennessee Valley Asset Management Partners acquired a new stake in Texas Instruments during the 4th quarter worth about $25,000. Life Planning Partners Inc acquired a new stake in Texas Instruments during the 4th quarter worth about $26,000. Annapolis Financial Services LLC grew its holdings in Texas Instruments by 333.3% during the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 120 shares during the period. Briaud Financial Planning Inc acquired a new stake in Texas Instruments during the 3rd quarter worth about $25,000. Finally, AMH Equity Ltd bought a new position in shares of Texas Instruments during the 3rd quarter worth about $32,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Texas Instruments stock opened at $177.48 on Friday. Texas Instruments Incorporated has a 52 week low of $139.48 and a 52 week high of $188.12. The company’s 50 day moving average price is $169.29 and its two-hundred day moving average price is $162.22. The company has a quick ratio of 3.35, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. The stock has a market cap of $161.59 billion, a P/E ratio of 27.69, a P/E/G ratio of 3.75 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The company had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. During the same quarter last year, the business posted $1.85 EPS. Texas Instruments’s quarterly revenue was down 16.4% compared to the same quarter last year. On average, equities analysts predict that Texas Instruments Incorporated will post 5.2 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 annualized dividend and a dividend yield of 2.93%. Texas Instruments’s payout ratio is currently 81.12%.

Insider Transactions at Texas Instruments

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Benchmark reissued a “buy” rating and set a $210.00 price objective on shares of Texas Instruments in a research report on Wednesday. Evercore ISI increased their price objective on shares of Texas Instruments from $213.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday. The Goldman Sachs Group increased their price objective on shares of Texas Instruments from $137.00 to $157.00 and gave the stock a “sell” rating in a research report on Wednesday. Truist Financial increased their price objective on shares of Texas Instruments from $165.00 to $167.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, Mizuho increased their price objective on shares of Texas Instruments from $164.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $180.74.

Texas Instruments Company 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.