Texas Instruments Incorporated (NASDAQ:TXN) Position Lessened by Howard Wealth Management LLC

Howard Wealth Management LLC trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 16.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,067 shares of the semiconductor company’s stock after selling 213 shares during the period. Howard Wealth Management LLC’s holdings in Texas Instruments were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp lifted its position in shares of Texas Instruments by 0.9% in the third quarter. State Street Corp now owns 41,679,234 shares of the semiconductor company’s stock worth $8,609,679,000 after buying an additional 391,306 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Texas Instruments by 2.3% in the third quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company’s stock worth $4,382,936,000 after buying an additional 487,892 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Texas Instruments by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company’s stock worth $3,976,562,000 after buying an additional 782,053 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Texas Instruments by 0.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,060,213 shares of the semiconductor company’s stock worth $1,664,998,000 after buying an additional 36,441 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Texas Instruments by 1.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,773,932 shares of the semiconductor company’s stock worth $1,605,861,000 after buying an additional 124,712 shares during the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Texas Instruments

In other news, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the transaction, the director now directly owns 11,717 shares of the company’s stock, valued at $2,117,379.07. The trade was a 4.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was 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 directly owns 14,323 shares in the company, valued at $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by company insiders.

Texas Instruments Stock Up 1.2 %

NASDAQ TXN opened at $183.03 on Friday. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The stock’s 50 day moving average is $188.38 and its two-hundred day moving average is $197.51. The company has a market capitalization of $166.96 billion, a price-to-earnings ratio of 35.27, a PEG ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 1-year low of $158.90 and a 1-year high of $220.38.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the prior year, the business earned $1.49 EPS. Equities analysts forecast that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s payout ratio is currently 104.82%.

Wall Street Analyst Weigh In

TXN has been the topic of a number of recent analyst reports. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Wells Fargo & Company dropped their price objective on 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. Benchmark reiterated a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Susquehanna dropped their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 21st. Finally, Evercore ISI lifted 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. Two 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. Based on data from MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average target price of $209.20.

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.