Independent Wealth Network Inc. Buys 111 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Independent Wealth Network Inc. boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 10.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,226 shares of the semiconductor company’s stock after purchasing an additional 111 shares during the period. Independent Wealth Network Inc.’s holdings in Texas Instruments were worth $230,000 at the end of the most recent reporting period.

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

Insider Buying and Selling at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on TXN shares. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a report on Tuesday. Summit Insights raised Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a report on Wednesday, October 23rd. Morgan Stanley increased their price objective on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 23rd. Finally, Evercore ISI lifted their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $210.45.

Texas Instruments Trading Up 1.8 %

Shares of NASDAQ TXN opened at $200.61 on Friday. The stock has a market capitalization of $183.00 billion, a P/E ratio of 37.29, a PEG ratio of 3.84 and a beta of 0.98. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The business’s 50 day moving average is $193.80 and its two-hundred day moving average is $199.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same quarter last year, the firm posted $1.49 EPS. As a group, research analysts expect that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Announces Dividend

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 $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) 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.