Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,658 shares of the semiconductor company’s stock after selling 335 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Texas Instruments were worth $4,680,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Richardson Financial Services Inc. acquired a new position in shares of Texas Instruments during the fourth quarter worth approximately $26,000. Scarborough Advisors LLC bought a new stake in Texas Instruments during the 4th quarter valued at $26,000. Westend Capital Management LLC acquired a new position in Texas Instruments during the 1st quarter worth $31,000. Norwood Financial Corp bought a new stake in shares of Texas Instruments during the first quarter valued at about $32,000. Finally, Fortis Group Advisors LLC lifted its holdings in Texas Instruments by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 196 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 98 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Trading Down 1.1 %

Shares of TXN stock traded down $2.33 during trading hours on Thursday, reaching $202.64. The company had a trading volume of 681,943 shares, compared to its average volume of 5,471,210. The firm has a market cap of $184.50 billion, a price-to-earnings ratio of 31.98, a P/E/G ratio of 4.41 and a beta of 0.98. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $214.66. The company has a 50 day moving average of $201.40 and a 200 day moving average of $192.92. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.62 and a quick ratio of 3.49.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. The firm had revenue of $3.82 billion during the quarter, compared to analyst estimates of $3.82 billion. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. The company’s revenue for the quarter was down 15.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.87 EPS. On average, equities research analysts anticipate that Texas Instruments Incorporated will post 5.11 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be given a dividend of $1.36 per share. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a yield of 2.68%. The ex-dividend date is Thursday, October 31st. Texas Instruments’s dividend payout ratio is 84.87%.

Insider Buying and Selling at Texas Instruments

In other news, CEO Haviv Ilan sold 1,200 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $209.44, for a total transaction of $251,328.00. Following the completion of the sale, the chief executive officer now owns 158,676 shares in the company, valued at $33,233,101.44. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CEO Haviv Ilan sold 1,200 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $209.44, for a total transaction of $251,328.00. Following the transaction, the chief executive officer now directly owns 158,676 shares of the company’s stock, valued at approximately $33,233,101.44. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Julie C. Knecht sold 7,764 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $209.49, for a total value of $1,626,480.36. Following the completion of the transaction, the chief accounting officer now directly owns 11,806 shares of the company’s stock, valued at approximately $2,473,238.94. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,558 shares of company stock worth $3,255,323 over the last quarter. 0.68% of the stock is currently owned by insiders.

Analysts Set New Price Targets

TXN has been the topic of several research analyst reports. KeyCorp lifted their price target on Texas Instruments from $200.00 to $250.00 and gave the company an “overweight” rating in a research report on Wednesday, July 24th. Jefferies Financial Group upped their price target on shares of Texas Instruments from $175.00 to $185.00 and gave the company a “hold” rating in a report on Wednesday, July 24th. Robert W. Baird lifted their price objective on shares of Texas Instruments from $175.00 to $200.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 24th. Evercore ISI increased their target price on shares of Texas Instruments from $255.00 to $268.00 and gave the company an “outperform” rating in a research note on Tuesday, August 20th. Finally, Truist Financial cut their target price on Texas Instruments from $203.00 to $198.00 and set a “hold” rating on the stock in a research report on Wednesday, August 21st. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $204.19.

About Texas Instruments

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.