Focus Partners Advisor Solutions LLC Grows Position in Texas Instruments Incorporated (NASDAQ:TXN)

Focus Partners Advisor Solutions LLC raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 384.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,515 shares of the semiconductor company's stock after acquiring an additional 13,899 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in Texas Instruments were worth $3,284,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Promus Capital LLC acquired a new stake in Texas Instruments in the fourth quarter worth $25,000. Financial Life Planners bought a new position in shares of Texas Instruments during the 4th quarter worth about $26,000. Summit Securities Group LLC bought a new position in shares of Texas Instruments during the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Texas Instruments in the 4th quarter valued at about $28,000. Finally, Atala Financial Inc bought a new stake in Texas Instruments in the 4th quarter valued at about $37,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the firm's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the sale, the chairman now directly owns 409,089 shares of the company's stock, valued at $80,872,804.41. This trade represents a 19.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.57% of the company's stock.

Texas Instruments Stock Performance

Shares of TXN stock traded up $5.83 during trading on Tuesday, hitting $182.13. The company's stock had a trading volume of 1,488,019 shares, compared to its average volume of 6,298,974. 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 company has a market cap of $165.46 billion, a PE ratio of 35.15, a P/E/G ratio of 3.30 and a beta of 0.97. The business has a fifty day moving average of $167.86 and a 200-day moving average of $183.11. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.22. The firm 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 28.08% and a net margin of 30.68%. The business's revenue was up 11.1% compared to the same quarter last year. During the same period last year, the firm posted $1.10 EPS. As a group, research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were given a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.99%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio is 103.23%.

Analyst Ratings Changes

Several research analysts have issued reports on TXN shares. Barclays lowered Texas Instruments from an "equal weight" rating to an "underweight" rating and cut their price target for the stock from $180.00 to $125.00 in a report on Tuesday, April 22nd. Robert W. Baird upgraded Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 target price on the stock in a report on Monday, April 7th. Cantor Fitzgerald reduced their price target on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Rosenblatt Securities restated a "buy" rating and set a $216.00 price objective on shares of Texas Instruments in a report on Thursday, April 24th. Finally, KeyCorp dropped their price objective on shares of Texas Instruments from $250.00 to $215.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and a consensus price target of $189.41.

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.