Aaron Wealth Advisors LLC Has $1.21 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Aaron Wealth Advisors LLC lifted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 3.8% during the 4th quarter, Holdings Channel reports. The firm owned 6,463 shares of the semiconductor company’s stock after acquiring an additional 235 shares during the period. Aaron Wealth Advisors LLC’s holdings in Texas Instruments were worth $1,212,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Intech Investment Management LLC boosted its position in shares of Texas Instruments by 5.9% during the second quarter. Intech Investment Management LLC now owns 23,106 shares of the semiconductor company’s stock worth $4,495,000 after purchasing an additional 1,289 shares in the last quarter. Ieq Capital LLC raised its stake in Texas Instruments by 13.1% during the 2nd quarter. Ieq Capital LLC now owns 43,779 shares of the semiconductor company’s stock worth $8,516,000 after buying an additional 5,072 shares during the period. Callan Capital LLC lifted its holdings in Texas Instruments by 31.8% during the second quarter. Callan Capital LLC now owns 3,011 shares of the semiconductor company’s stock worth $586,000 after acquiring an additional 727 shares in the last quarter. AE Wealth Management LLC lifted its holdings in Texas Instruments by 24.7% during the second quarter. AE Wealth Management LLC now owns 34,225 shares of the semiconductor company’s stock worth $6,658,000 after acquiring an additional 6,774 shares in the last quarter. Finally, Pacer Advisors Inc. grew its stake in Texas Instruments by 3.0% in the second quarter. Pacer Advisors Inc. now owns 108,216 shares of the semiconductor company’s stock valued at $21,051,000 after acquiring an additional 3,178 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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

Analyst Upgrades and Downgrades

TXN has been the topic of several recent analyst reports. Mizuho set a $200.00 price objective on Texas Instruments in a report on Friday, October 18th. Bank of America lowered their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Evercore ISI boosted their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Truist Financial lowered their target price on Texas Instruments from $198.00 to $190.00 and set a “hold” rating for the company in a report on Wednesday, October 23rd. Finally, Wells Fargo & Company reduced their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $209.71.

Texas Instruments Stock Up 2.7 %

Shares of TXN stock opened at $192.42 on Friday. Texas Instruments Incorporated has a 52-week low of $155.46 and a 52-week high of $220.38. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The stock has a market cap of $175.53 billion, a price-to-earnings ratio of 35.77, a PEG ratio of 3.69 and a beta of 0.98. The firm’s 50-day moving average is $194.79 and its 200-day moving average is $199.64.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.09. The company had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The business’s revenue was down 8.4% on a year-over-year basis. During the same period last year, the firm posted $1.80 earnings per share. Sell-side analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.83%. Texas Instruments’s dividend payout ratio is currently 101.12%.

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.