Independent Wealth Network Inc. Buys 111 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Independent Wealth Network Inc. lifted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 10.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,226 shares of the semiconductor company’s stock after purchasing an additional 111 shares during the period. Independent Wealth Network Inc.’s holdings in Texas Instruments were worth $230,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Rothschild & Co Wealth Management UK Ltd grew its holdings in Texas Instruments by 1.0% during the 4th quarter. Rothschild & Co Wealth Management UK Ltd now owns 117,006 shares of the semiconductor company’s stock worth $21,940,000 after acquiring an additional 1,149 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Texas Instruments by 9.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 176,229 shares of the semiconductor company’s stock worth $33,045,000 after purchasing an additional 15,573 shares during the period. Bartlett & CO. Wealth Management LLC boosted its stake in shares of Texas Instruments by 0.9% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 11,792 shares of the semiconductor company’s stock valued at $2,211,000 after purchasing an additional 100 shares in the last quarter. Janney Capital Management LLC increased its holdings in Texas Instruments by 273.9% during the fourth quarter. Janney Capital Management LLC now owns 55,597 shares of the semiconductor company’s stock valued at $10,425,000 after buying an additional 40,728 shares during the period. Finally, Albion Financial Group UT raised its stake in Texas Instruments by 2.2% in the fourth quarter. Albion Financial Group UT now owns 25,818 shares of the semiconductor company’s stock worth $4,841,000 after buying an additional 562 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

NASDAQ:TXN opened at $200.61 on Friday. The firm’s fifty day moving average is $193.80 and its two-hundred day moving average is $199.56. The firm has a market cap of $183.00 billion, a price-to-earnings ratio of 37.29, a PEG ratio of 3.84 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates 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 in the prior year, the business earned $1.49 EPS. Research analysts expect that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.71%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is 101.12%.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the transaction, the director now 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.68% of the company’s stock.

Analyst Ratings Changes

TXN has been the topic of several recent research reports. Barclays dropped their target price on Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 23rd. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a research note on Tuesday. Evercore ISI increased their price target on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Finally, Bank of America reduced their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $210.45.

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.