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

Stratos Wealth Partners LTD. lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.4% in the first quarter, according to the company in its most recent filing with the SEC. The firm 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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TXN. Summit Securities Group LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at about $27,000. Cloud Capital Management LLC acquired a new position in shares of Texas Instruments in the 1st quarter valued at about $28,000. Copia Wealth Management acquired a new position in shares of Texas Instruments in the 4th quarter valued at about $30,000. Quintet Private Bank Europe S.A. acquired a new position in shares of Texas Instruments in the 1st quarter valued at about $34,000. Finally, Atala Financial Inc acquired a new position in Texas Instruments in the 4th quarter worth about $37,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Arete assumed coverage on Texas Instruments in a report on Thursday, June 26th. They issued a "neutral" rating and a $203.80 price target for the company. Morgan Stanley reaffirmed an "underweight" rating and issued a $148.00 price target (up previously from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Truist Financial reduced their price target on Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a report on Thursday, April 24th. Summit Insights cut Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Finally, Arete Research raised Texas Instruments to a "hold" rating in a report on Thursday, June 26th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $202.08.

Texas Instruments Price Performance

Shares of TXN stock traded up $1.59 during trading hours on Friday, reaching $221.25. The company had a trading volume of 5,394,851 shares, compared to its average volume of 6,449,062. The company has a market capitalization of $201.00 billion, a price-to-earnings ratio of 41.98, a PEG ratio of 3.52 and a beta of 1.03. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.68. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26. The stock has a fifty day moving average of $192.98 and a 200-day moving average of $184.11.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 28.75% and a net margin of 30.36%. The firm'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 earnings per share. On average, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were given a $1.36 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.46%. Texas Instruments's payout ratio is 103.23%.

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.