1,320 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Bought by Strata Wealth Advisors LLC

Strata Wealth Advisors LLC bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,320 shares of the semiconductor company’s stock, valued at approximately $230,000.

A number of other large investors have also recently added to or reduced their stakes in TXN. Federated Hermes Inc. lifted its stake in Texas Instruments by 20.4% in the third quarter. Federated Hermes Inc. now owns 10,262 shares of the semiconductor company’s stock valued at $1,632,000 after acquiring an additional 1,739 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Texas Instruments by 7.5% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,039 shares of the semiconductor company’s stock worth $1,437,000 after buying an additional 634 shares during the period. Bamco Inc. NY boosted its holdings in shares of Texas Instruments by 11.1% during the 3rd quarter. Bamco Inc. NY now owns 9,365 shares of the semiconductor company’s stock worth $1,489,000 after buying an additional 933 shares during the period. Bank of Nova Scotia boosted its holdings in shares of Texas Instruments by 90.5% during the 3rd quarter. Bank of Nova Scotia now owns 153,116 shares of the semiconductor company’s stock worth $24,347,000 after buying an additional 72,732 shares during the period. Finally, First Dallas Securities Inc. boosted its holdings in shares of Texas Instruments by 62.9% during the 3rd quarter. First Dallas Securities Inc. now owns 6,525 shares of the semiconductor company’s stock worth $1,038,000 after buying an additional 2,519 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Trading Up 0.6 %

TXN traded up $1.10 during trading on Friday, reaching $194.53. 8,860,990 shares of the company’s stock were exchanged, compared to its average volume of 4,647,702. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $206.00. The company has a current ratio of 4.91, a quick ratio of 3.76 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $177.12 billion, a PE ratio of 30.35, a price-to-earnings-growth ratio of 4.21 and a beta of 1.00. The firm has a fifty day moving average price of $190.26 and a two-hundred day moving average price of $175.38.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The company had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. During the same period in the prior year, the firm posted $1.85 EPS. The company’s quarterly revenue was down 16.4% on a year-over-year basis. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 5.13 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th were paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend was Tuesday, May 7th. Texas Instruments’s dividend payout ratio is presently 81.12%.

Insider Buying and Selling

In related news, Director Robert E. Sanchez sold 10,539 shares of the stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $174.97, for a total transaction of $1,844,008.83. Following the transaction, the director now directly owns 20,461 shares of the company’s stock, valued at $3,580,061.17. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Texas Instruments news, Director Robert E. Sanchez sold 10,539 shares of the company’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $174.97, for a total transaction of $1,844,008.83. Following the transaction, the director now owns 20,461 shares in the company, valued at $3,580,061.17. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Richard K. Templeton sold 104,000 shares of the company’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $178.68, for a total transaction of $18,582,720.00. Following the transaction, the chairman now owns 403,851 shares in the company, valued at approximately $72,160,096.68. The disclosure for this sale can be found here. Insiders have sold a total of 328,969 shares of company stock valued at $58,427,984 over the last ninety days. 0.68% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently commented on TXN. Truist Financial lifted their target price on shares of Texas Instruments from $165.00 to $167.00 and gave the stock a “hold” rating in a report on Wednesday, April 24th. Robert W. Baird lifted their target price on shares of Texas Instruments from $125.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 25th. Jefferies Financial Group downgraded shares of Texas Instruments from a “buy” rating to a “hold” rating and reduced their target price for the stock from $200.00 to $175.00 in a report on Monday, May 13th. Wells Fargo & Company initiated coverage on shares of Texas Instruments in a research note on Thursday, May 16th. They issued an “underweight” rating and a $150.00 price objective for the company. Finally, The Goldman Sachs Group lifted their price objective on shares of Texas Instruments from $137.00 to $157.00 and gave the stock a “sell” rating in a research note on Wednesday, April 24th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and seven 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 price target of $183.43.

Texas Instruments Company 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.