Quotient Wealth Partners LLC Has $4.21 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Quotient Wealth Partners LLC cut its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,428 shares of the semiconductor company’s stock after selling 230 shares during the period. Quotient Wealth Partners LLC’s holdings in Texas Instruments were worth $4,205,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TXN. Assenagon Asset Management S.A. raised its position in shares of Texas Instruments by 948.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 4,794,646 shares of the semiconductor company’s stock valued at $899,044,000 after acquiring an additional 4,337,295 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Texas Instruments by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company’s stock worth $3,976,562,000 after purchasing an additional 782,053 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Texas Instruments by 17,253.3% in the 3rd quarter. International Assets Investment Management LLC now owns 613,440 shares of the semiconductor company’s stock valued at $126,718,000 after buying an additional 609,905 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Texas Instruments by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company’s stock valued at $4,382,936,000 after buying an additional 487,892 shares in the last quarter. Finally, State Street Corp raised its stake in Texas Instruments by 0.9% during the 3rd quarter. State Street Corp now owns 41,679,234 shares of the semiconductor company’s stock worth $8,609,679,000 after buying an additional 391,306 shares during the period. Institutional investors own 84.99% of the company’s stock.

Insider Activity

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction that occurred on 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 sale, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the sale, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TXN has been the topic of a number of research analyst reports. Mizuho dropped their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Evercore ISI increased their target price on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Benchmark reaffirmed a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Robert W. Baird cut their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Two investment 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. Based on data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Price Performance

Shares of TXN opened at $180.00 on Friday. The company’s 50-day moving average is $189.75 and its 200-day moving average is $198.04. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The firm has a market capitalization of $164.20 billion, a PE ratio of 34.68, a PEG ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the prior year, the firm earned $1.49 earnings per share. Equities analysts forecast that Texas Instruments Incorporated will post 5.38 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders 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 3.02%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s payout ratio is 104.82%.

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.