Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,823 shares of the semiconductor company's stock after selling 2,095 shares during the quarter. Stratos Wealth Partners LTD.'s holdings in Texas Instruments were worth $8,234,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank purchased a new stake in Texas Instruments during the 4th quarter worth $2,584,490,000. GAMMA Investing LLC increased its position in shares of Texas Instruments by 21,778.6% in the 1st quarter. GAMMA Investing LLC now owns 3,422,027 shares of the semiconductor company's stock worth $614,938,000 after purchasing an additional 3,406,386 shares during the last quarter. Invesco Ltd. increased its position in shares of Texas Instruments by 15.4% in the 4th quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock worth $2,230,086,000 after purchasing an additional 1,587,036 shares during the last quarter. Northern Trust Corp increased its position in shares of Texas Instruments by 12.2% in the 4th quarter. Northern Trust Corp now owns 10,398,010 shares of the semiconductor company's stock worth $1,949,731,000 after purchasing an additional 1,132,187 shares during the last quarter. Finally, Capital International Investors increased its position in shares of Texas Instruments by 26.3% in the 4th quarter. Capital International Investors now owns 5,194,675 shares of the semiconductor company's stock worth $974,054,000 after purchasing an additional 1,080,782 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. KeyCorp boosted their target price on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research report on Tuesday. TD Cowen boosted their target price on shares of Texas Instruments from $160.00 to $200.00 and gave the stock a "hold" rating in a research report on Wednesday, June 25th. Barclays downgraded shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and dropped their target price for the stock from $180.00 to $125.00 in a research report on Tuesday, April 22nd. The Goldman Sachs Group assumed coverage on shares of Texas Instruments in a research report on Thursday. They issued a "buy" rating and a $255.00 target price for the company. Finally, Arete Research raised shares of Texas Instruments to a "hold" rating in a research report on Thursday, June 26th. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Texas Instruments has an average rating of "Hold" and a consensus price target of $200.20.

Texas Instruments Price Performance

Shares of NASDAQ:TXN traded up $3.27 during trading on Thursday, reaching $219.66. The company had a trading volume of 3,969,167 shares, compared to its average volume of 6,453,278. The firm's fifty day moving average is $191.75 and its 200 day moving average is $183.91. The firm has a market capitalization of $199.55 billion, a PE ratio of 41.68, a price-to-earnings-growth ratio of 3.52 and a beta of 1.03. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.75. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. The company had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.10 EPS. On average, equities analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio is currently 103.23%.

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.