Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Raised by Asset Planning Services Inc. LA ADV

Asset Planning Services Inc. LA ADV boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.0% during the 4th quarter, HoldingsChannel reports. The firm owned 32,470 shares of the semiconductor company’s stock after buying an additional 935 shares during the quarter. Texas Instruments accounts for 3.0% of Asset Planning Services Inc. LA ADV’s investment portfolio, making the stock its 15th biggest holding. Asset Planning Services Inc. LA ADV’s holdings in Texas Instruments were worth $6,088,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in TXN. MidAtlantic Capital Management Inc. acquired a new stake in shares of Texas Instruments during the third quarter worth approximately $28,000. Retirement Wealth Solutions LLC purchased a new stake in Texas Instruments in the 4th quarter worth approximately $27,000. Tsfg LLC boosted its stake in shares of Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 82 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of Texas Instruments during the 3rd quarter valued at $39,000. Finally, FSA Wealth Management LLC acquired a new position in shares of Texas Instruments in the third quarter worth $41,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TXN has been the topic of a number of recent research reports. Evercore ISI boosted their target price on Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a report on Wednesday, October 23rd. Susquehanna reduced their target price on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research note on Monday, October 21st. Mizuho set a $200.00 price target on shares of Texas Instruments in a research note on Friday, October 18th. Finally, Barclays reduced their price objective on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $210.45.

Texas Instruments Stock Up 0.9 %

NASDAQ TXN opened at $197.05 on Thursday. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38. The stock has a market cap of $179.75 billion, a PE ratio of 36.63, a PEG ratio of 3.80 and a beta of 0.98. The firm has a 50-day simple moving average of $193.97 and a 200 day simple moving average of $199.58. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.09. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The company’s quarterly revenue was down 8.4% on a year-over-year basis. During the same quarter last year, the company earned $1.80 EPS. On average, research analysts forecast that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be paid a dividend of $1.36 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.76%. Texas Instruments’s dividend payout ratio is currently 101.12%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of the company’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the sale, the director now directly owns 20,461 shares in the company, valued at $4,272,256.80. This represents a 32.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

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.