Bartlett & CO. Wealth Management LLC lifted its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,792 shares of the semiconductor company’s stock after buying an additional 100 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Texas Instruments were worth $2,211,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Retirement Wealth Solutions LLC bought a new position in Texas Instruments in the 4th quarter valued at $27,000. MidAtlantic Capital Management Inc. purchased a new position in Texas Instruments during the third quarter worth about $28,000. Tsfg LLC increased its stake in Texas Instruments by 82.0% in the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 82 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of Texas Instruments in the 3rd quarter valued at about $39,000. Finally, FSA Wealth Management LLC bought a new stake in shares of Texas Instruments during the 3rd quarter valued at about $41,000. 84.99% of the stock is currently owned by institutional investors.
Texas Instruments Trading Up 1.8 %
NASDAQ TXN opened at $200.61 on Friday. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $183.00 billion, a PE ratio of 37.29, a P/E/G ratio of 3.80 and a beta of 0.98. The stock’s 50 day moving average is $193.80 and its 200 day moving average is $199.56. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38.
Texas Instruments Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.71%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is 101.12%.
Insider Buying and Selling at Texas Instruments
In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on 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 sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.68% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several brokerages have issued reports on TXN. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Morgan Stanley lifted their price target on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 23rd. Evercore ISI increased their price objective on 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 dropped their target price on Texas Instruments from $198.00 to $190.00 and set a “hold” rating for the company in a research report on Wednesday, October 23rd. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a research report on Tuesday. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $210.45.
View Our Latest Stock Analysis on TXN
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.
Further Reading
- Five stocks we like better than Texas Instruments
- The Basics of Support and Resistance
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- Why Invest in 5G? How to Invest in 5G Stocks
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- What is the Australian Securities Exchange (ASX)
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN – Free Report).
Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.