Stephens Consulting LLC Sells 168 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Stephens Consulting LLC trimmed its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 11.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,289 shares of the semiconductor company’s stock after selling 168 shares during the period. Stephens Consulting LLC’s holdings in Texas Instruments were worth $225,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Tennessee Valley Asset Management Partners bought a new stake in shares of Texas Instruments in the fourth quarter worth about $25,000. Life Planning Partners Inc bought a new position in shares of Texas Instruments during the fourth quarter valued at approximately $26,000. Richardson Financial Services Inc. purchased a new stake in Texas Instruments in the fourth quarter worth $26,000. Scarborough Advisors LLC bought a new stake in Texas Instruments in the fourth quarter valued at $26,000. Finally, Pacific Capital Wealth Advisors Inc. purchased a new position in Texas Instruments during the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 100,440 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $178.47, for a total transaction of $17,925,526.80. Following the completion of the transaction, the chairman now owns 403,851 shares in the company, valued at $72,075,287.97. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Chairman Richard K. Templeton sold 100,440 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $178.47, for a total transaction of $17,925,526.80. Following the transaction, the chairman now owns 403,851 shares of the company’s stock, valued at approximately $72,075,287.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Pamela H. Patsley sold 9,990 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the completion of the transaction, the director now directly owns 33,348 shares of the company’s stock, valued at approximately $5,973,293.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 328,969 shares of company stock worth $58,427,984. 0.68% of the stock is currently owned by insiders.

Texas Instruments Price Performance

NASDAQ TXN traded up $1.10 on Friday, reaching $194.53. The company had a trading volume of 8,860,990 shares, compared to its average volume of 4,647,702. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $206.00. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. The firm’s 50 day moving average price is $190.26 and its 200 day moving average price is $175.38. 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.

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

Texas Instruments Announces Dividend

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

Wall Street Analysts Forecast Growth

TXN has been the topic of several research analyst reports. Truist Financial boosted their price target on shares of Texas Instruments from $165.00 to $167.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. JPMorgan Chase & Co. raised their price objective on Texas Instruments from $180.00 to $195.00 and gave the company an “overweight” rating in a research report on Wednesday, April 24th. Jefferies Financial Group lowered shares of Texas Instruments from a “buy” rating to a “hold” rating and decreased their price target for the stock from $200.00 to $175.00 in a research note on Monday, May 13th. Mizuho lifted their price target on shares of Texas Instruments from $164.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday, April 24th. Finally, Wells Fargo & Company started coverage on shares of Texas Instruments in a report on Thursday, May 16th. They issued an “underweight” rating and a $150.00 price objective on the stock. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $183.43.

About Texas Instruments

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.