Capital Asset Advisory Services LLC Has $518,000 Position in Texas Instruments Incorporated (NASDAQ:TXN)

Capital Asset Advisory Services LLC reduced its position in shares of Texas Instruments Incorporated (NASDAQ:TXNGet Rating) by 13.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,746 shares of the semiconductor company’s stock after selling 423 shares during the period. Capital Asset Advisory Services LLC’s holdings in Texas Instruments were worth $518,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TXN. Moors & Cabot Inc. boosted its position in Texas Instruments by 262.9% during the third quarter. Moors & Cabot Inc. now owns 25,000 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 18,111 shares during the last quarter. Widmann Financial Services Inc. acquired a new position in Texas Instruments during the fourth quarter valued at approximately $30,000. Ten Capital Wealth Advisors LLC boosted its position in Texas Instruments by 542.9% during the third quarter. Ten Capital Wealth Advisors LLC now owns 180 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 152 shares during the last quarter. Dark Forest Capital Management LP bought a new stake in Texas Instruments in the third quarter valued at approximately $35,000. Finally, Blue Bell Private Wealth Management LLC bought a new stake in Texas Instruments in the fourth quarter valued at approximately $38,000. 82.99% of the stock is owned by institutional investors.

In other Texas Instruments news, VP Amichai Ron sold 2,037 shares of the business’s stock in a transaction on Tuesday, February 8th. The shares were sold at an average price of $171.96, for a total transaction of $350,282.52. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Richard K. Templeton sold 33,469 shares of the business’s stock in a transaction on Monday, January 31st. The shares were sold at an average price of $177.44, for a total transaction of $5,938,739.36. The disclosure for this sale can be found here. Insiders sold a total of 39,601 shares of company stock valued at $6,987,383 over the last ninety days. 0.54% of the stock is currently owned by corporate insiders.

Several analysts have issued reports on the company. Barclays dropped their price objective on Texas Instruments from $180.00 to $170.00 and set an “underweight” rating on the stock in a research note on Friday, February 4th. UBS Group dropped their price objective on Texas Instruments from $195.00 to $180.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 26th. Susquehanna restated a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research note on Wednesday, January 26th. Truist Financial lowered their target price on Texas Instruments from $195.00 to $189.00 and set a “hold” rating on the stock in a research note on Friday, April 8th. Finally, Morgan Stanley increased their target price on Texas Instruments from $195.00 to $198.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 26th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and a consensus price target of $208.75.

Shares of NASDAQ:TXN opened at $176.56 on Tuesday. The firm has a market cap of $162.94 billion, a P/E ratio of 21.38, a P/E/G ratio of 2.05 and a beta of 0.95. The company has a quick ratio of 4.58, a current ratio of 5.33 and a debt-to-equity ratio of 0.54. Texas Instruments Incorporated has a 12-month low of $161.04 and a 12-month high of $202.26. The business has a fifty day simple moving average of $174.06 and a 200 day simple moving average of $183.48.

Texas Instruments (NASDAQ:TXNGet Rating) last posted its quarterly earnings data on Tuesday, January 25th. The semiconductor company reported $2.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.95 by $0.32. Texas Instruments had a return on equity of 66.40% and a net margin of 42.35%. The firm had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same period last year, the company posted $1.80 EPS. The business’s quarterly revenue was up 18.5% on a year-over-year basis. As a group, equities research analysts expect that Texas Instruments Incorporated will post 9.09 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, February 7th. Investors of record on Monday, January 31st were given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend was Friday, January 28th. Texas Instruments’s payout ratio is 55.69%.

Texas Instruments Profile (Get Rating)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.

Further Reading

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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