B. Riley Wealth Advisors Inc. Sells 2,906 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

B. Riley Wealth Advisors Inc. lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 12.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,037 shares of the semiconductor company's stock after selling 2,906 shares during the quarter. B. Riley Wealth Advisors Inc.'s holdings in Texas Instruments were worth $3,945,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Integrated Advisors Network LLC lifted its holdings in Texas Instruments by 26.4% during the fourth quarter. Integrated Advisors Network LLC now owns 26,425 shares of the semiconductor company's stock valued at $4,955,000 after purchasing an additional 5,513 shares during the last quarter. Polar Asset Management Partners Inc. lifted its holdings in Texas Instruments by 121.0% during the fourth quarter. Polar Asset Management Partners Inc. now owns 162,000 shares of the semiconductor company's stock valued at $30,377,000 after purchasing an additional 88,700 shares during the last quarter. Cypress Asset Management Inc. TX purchased a new stake in Texas Instruments during the fourth quarter valued at about $2,361,000. Sunbeam Capital Management LLC purchased a new stake in shares of Texas Instruments in the fourth quarter worth about $318,000. Finally, Ascent Group LLC lifted its holdings in shares of Texas Instruments by 8.1% in the fourth quarter. Ascent Group LLC now owns 10,518 shares of the semiconductor company's stock worth $1,972,000 after buying an additional 784 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TXN. Citigroup lowered their price target on shares of Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a report on Friday, April 11th. UBS Group lowered their price target on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Cantor Fitzgerald lowered their price target on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Robert W. Baird raised shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target on the stock in a report on Monday, April 7th. Finally, Argus raised shares of Texas Instruments to a "strong-buy" rating in a research note on Friday, April 25th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $189.41.

Texas Instruments Trading Down 2.2%

Shares of Texas Instruments stock traded down $4.14 on Friday, hitting $180.85. The stock had a trading volume of 15,099,736 shares, compared to its average volume of 6,336,742. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $220.39. The stock has a market cap of $164.30 billion, a price-to-earnings ratio of 34.85, a PEG ratio of 3.30 and a beta of 0.97. The stock's 50-day simple moving average is $167.94 and its two-hundred day simple moving average is $182.52.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The firm had revenue of $4.07 billion for the quarter, compared to analysts' expectations of $3.91 billion. During the same quarter last year, the business earned $1.10 earnings per share. The business's revenue was up 11.1% on a year-over-year basis. As a group, sell-side analysts predict 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. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.01%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is currently 103.23%.

Texas Instruments Company 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.