Stratos Wealth Partners LTD. Boosts Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Stratos Wealth Partners LTD. lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 47,918 shares of the semiconductor company’s stock after acquiring an additional 1,564 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Texas Instruments were worth $8,985,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Czech National Bank grew its stake in Texas Instruments by 7.2% in the third quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after purchasing an additional 12,496 shares in the last quarter. Atomi Financial Group Inc. grew its position in shares of Texas Instruments by 14.8% in the 3rd quarter. Atomi Financial Group Inc. now owns 3,648 shares of the semiconductor company’s stock worth $754,000 after acquiring an additional 470 shares in the last quarter. Trust Co of Kansas bought a new stake in shares of Texas Instruments in the 3rd quarter valued at approximately $208,000. Brookstone Capital Management lifted its stake in Texas Instruments by 0.4% during the third quarter. Brookstone Capital Management now owns 17,569 shares of the semiconductor company’s stock worth $3,629,000 after purchasing an additional 67 shares during the last quarter. Finally, Howard Financial Services LTD. boosted its holdings in Texas Instruments by 6.5% in the third quarter. Howard Financial Services LTD. now owns 2,365 shares of the semiconductor company’s stock worth $488,000 after purchasing an additional 144 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TXN shares. Morgan Stanley boosted their price objective on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research report on Wednesday, October 23rd. Benchmark reiterated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Rosenblatt Securities restated a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Susquehanna dropped their target price on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research report on Monday, October 21st. Finally, Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a report 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. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $209.20.

Insider Activity

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Ronald Kirk sold 10,539 shares of the business’s 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 sale, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This represents 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 Trading Up 0.6 %

Shares of Texas Instruments stock opened at $181.59 on Thursday. The business has a fifty day simple moving average of $190.84 and a 200-day simple moving average of $198.44. The firm has a market cap of $165.65 billion, a price-to-earnings ratio of 34.99, a price-to-earnings-growth ratio of 2.94 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. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data 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 net margin of 30.68% and a return on equity of 28.08%. During the same quarter last year, the business posted $1.49 earnings per share. On average, equities analysts forecast that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently declared 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 3.00%. Texas Instruments’s dividend payout ratio is currently 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.