Bartlett & CO. Wealth Management LLC Buys 100 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Bartlett & CO. Wealth Management LLC boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,792 shares of the semiconductor company’s stock after purchasing an additional 100 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Texas Instruments were worth $2,211,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Drucker Wealth 3.0 LLC purchased a new position in shares of Texas Instruments during the 2nd quarter worth $2,374,000. Decatur Capital Management Inc. lifted its position in Texas Instruments by 2.8% during the second quarter. Decatur Capital Management Inc. now owns 11,338 shares of the semiconductor company’s stock valued at $2,206,000 after purchasing an additional 309 shares in the last quarter. Daymark Wealth Partners LLC grew its holdings in Texas Instruments by 2.4% during the second quarter. Daymark Wealth Partners LLC now owns 8,664 shares of the semiconductor company’s stock valued at $1,685,000 after purchasing an additional 201 shares during the period. MBB Public Markets I LLC purchased a new stake in Texas Instruments in the second quarter worth about $12,609,000. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Texas Instruments by 3.3% in the second quarter. The Manufacturers Life Insurance Company now owns 4,003,289 shares of the semiconductor company’s stock worth $778,750,000 after buying an additional 129,717 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Texas Instruments

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

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Truist Financial dropped their target price on shares of Texas Instruments from $198.00 to $190.00 and set a “hold” rating for the company in a report on Wednesday, October 23rd. Morgan Stanley raised their price target on Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday, October 23rd. Evercore ISI upped their price objective on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Finally, Robert W. Baird decreased 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 research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $210.45.

Texas Instruments Stock Up 1.8 %

Shares of NASDAQ TXN opened at $200.61 on Friday. The stock has a market capitalization of $183.00 billion, a price-to-earnings ratio of 37.29, a P/E/G ratio of 3.80 and a beta of 0.98. Texas Instruments Incorporated has a 12-month low of $155.46 and a 12-month high of $220.38. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The firm’s 50-day moving average price is $193.80 and its 200-day moving average price is $199.56.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) 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 period last year, the business posted $1.49 earnings per share. On average, equities research analysts anticipate that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal 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 paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s payout ratio is 101.12%.

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.