Insight Wealth Strategies LLC Purchases 850 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Insight Wealth Strategies LLC boosted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 7.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,116 shares of the semiconductor company’s stock after purchasing an additional 850 shares during the period. Insight Wealth Strategies LLC’s holdings in Texas Instruments were worth $2,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Private Advisor Group LLC increased its stake in Texas Instruments by 7.8% in the second quarter. Private Advisor Group LLC now owns 67,677 shares of the semiconductor company’s stock worth $13,165,000 after purchasing an additional 4,897 shares during the period. Candriam S.C.A. lifted its holdings in Texas Instruments by 6.4% during the 2nd quarter. Candriam S.C.A. now owns 65,112 shares of the semiconductor company’s stock valued at $12,666,000 after buying an additional 3,932 shares in the last quarter. Advisor OS LLC boosted its position in Texas Instruments by 9.1% in the 2nd quarter. Advisor OS LLC now owns 4,362 shares of the semiconductor company’s stock valued at $848,000 after buying an additional 364 shares during the period. Los Angeles Capital Management LLC grew its stake in Texas Instruments by 41.3% in the 2nd quarter. Los Angeles Capital Management LLC now owns 6,502 shares of the semiconductor company’s stock worth $1,265,000 after acquiring an additional 1,901 shares in the last quarter. Finally, Great Lakes Advisors LLC increased its position in shares of Texas Instruments by 0.5% during the second quarter. Great Lakes Advisors LLC now owns 44,608 shares of the semiconductor company’s stock worth $8,678,000 after acquiring an additional 219 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on TXN. Truist Financial lowered their target price on Texas Instruments from $198.00 to $190.00 and set a “hold” rating for the company in a report on Wednesday, October 23rd. Rosenblatt Securities reiterated a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a report on Wednesday, October 23rd. Morgan Stanley boosted their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday, October 23rd. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Finally, Robert W. Baird cut their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $210.05.

Insider Activity

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of the business’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $208.80, for a total value of $2,085,912.00. Following the transaction, the director now directly owns 20,461 shares of the company’s stock, valued at approximately $4,272,256.80. The trade was a 32.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Stock Up 0.6 %

Shares of Texas Instruments stock traded up $1.18 during trading hours on Monday, hitting $191.69. The company had a trading volume of 2,066,633 shares, compared to its average volume of 3,680,159. The company’s 50-day moving average is $198.24 and its two-hundred day moving average is $199.86. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. The company has a market cap of $174.86 billion, a P/E ratio of 35.63, a price-to-earnings-growth ratio of 4.19 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.09. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter in the prior year, the firm posted $1.80 earnings per share. Texas Instruments’s revenue for the quarter was down 8.4% on a year-over-year basis. Analysts anticipate that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st were paid a $1.36 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.84%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s payout ratio is currently 101.12%.

Texas Instruments 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.