Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Lessened by RFG Advisory LLC

RFG Advisory LLC lowered its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,115 shares of the semiconductor company’s stock after selling 627 shares during the period. RFG Advisory LLC’s holdings in Texas Instruments were worth $3,209,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. MFA Wealth Services bought a new position in shares of Texas Instruments in the fourth quarter valued at $284,000. McGlone Suttner Wealth Management Inc. raised its stake in Texas Instruments by 19.6% during the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 1,447 shares of the semiconductor company’s stock valued at $271,000 after purchasing an additional 237 shares during the period. Cornerstone Wealth Management LLC raised its stake in Texas Instruments by 4.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,751 shares of the semiconductor company’s stock valued at $703,000 after purchasing an additional 165 shares during the period. Brighton Jones LLC raised its stake in Texas Instruments by 33.4% during the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company’s stock valued at $3,158,000 after purchasing an additional 4,218 shares during the period. Finally, Cerro Pacific Wealth Advisors LLC raised its stake in Texas Instruments by 12.1% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 3,188 shares of the semiconductor company’s stock valued at $659,000 after purchasing an additional 343 shares during the period. Institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

TXN has been the topic of several recent analyst reports. Benchmark reissued a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research note on Friday. Morgan Stanley boosted their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research note on Wednesday, October 23rd. Wells Fargo & Company cut their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Rosenblatt Securities restated a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a report on Tuesday. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a report on Friday. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Stock Down 7.5 %

Texas Instruments stock opened at $185.52 on Friday. The firm has a market cap of $169.24 billion, a price-to-earnings ratio of 34.48, a P/E/G ratio of 3.84 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38. The firm has a fifty day moving average price of $193.69 and a two-hundred day moving average price of $199.57.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. During the same quarter last year, the business posted $1.49 earnings per share. As a group, analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is 101.12%.

Insiders Place Their Bets

In other news, Director Ronald Kirk sold 10,539 shares of the company’s 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 owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.68% of the company’s stock.

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.