Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC lowered its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 28.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,918 shares of the semiconductor company's stock after selling 7,468 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Texas Instruments were worth $3,225,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. AXQ Capital LP boosted its position in shares of Texas Instruments by 64.3% during the third quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company's stock valued at $731,000 after buying an additional 1,800 shares during the period. First National Bank of Mount Dora Trust Investment Services grew its stake in Texas Instruments by 0.4% in the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company's stock worth $7,182,000 after acquiring an additional 155 shares in the last quarter. Verdence Capital Advisors LLC raised its stake in shares of Texas Instruments by 39.9% during the third quarter. Verdence Capital Advisors LLC now owns 8,405 shares of the semiconductor company's stock valued at $1,336,000 after acquiring an additional 2,397 shares in the last quarter. Silver Oak Securities Incorporated bought a new position in Texas Instruments in the fourth quarter worth approximately $222,000. Finally, Salem Investment Counselors Inc. raised its position in Texas Instruments by 2.2% during the 4th quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company's stock valued at $1,403,000 after purchasing an additional 177 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Texas Instruments news, Director Robert E. Sanchez sold 10,539 shares of the stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $174.97, for a total transaction of $1,844,008.83. Following the transaction, the director now directly owns 20,461 shares of the company's stock, valued at $3,580,061.17. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Chairman Richard K. Templeton sold 104,000 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $178.68, for a total value of $18,582,720.00. Following the completion of the transaction, the chairman now directly owns 403,851 shares of the company's stock, valued at approximately $72,160,096.68. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert E. Sanchez sold 10,539 shares of Texas Instruments stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $174.97, for a total transaction of $1,844,008.83. Following the sale, the director now directly owns 20,461 shares in the company, valued at approximately $3,580,061.17. The disclosure for this sale can be found here. Insiders have sold 228,529 shares of company stock worth $40,502,458 in the last quarter. Corporate insiders own 0.68% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. UBS Group raised shares of Texas Instruments from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $170.00 to $195.00 in a research note on Friday, January 19th. Barclays decreased their price objective on Texas Instruments from $160.00 to $150.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 24th. Cantor Fitzgerald restated a "neutral" rating and issued a $180.00 price target on shares of Texas Instruments in a report on Wednesday, April 24th. Rosenblatt Securities reiterated a "buy" rating and set a $210.00 price objective on shares of Texas Instruments in a research note on Wednesday, April 24th. Finally, Susquehanna lifted their price target on shares of Texas Instruments from $200.00 to $205.00 and gave the stock a "positive" rating in a report on Wednesday, April 24th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $180.74.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded up $3.11 during midday trading on Friday, reaching $178.91. The company's stock had a trading volume of 4,545,090 shares, compared to its average volume of 6,059,944. The firm has a market capitalization of $162.89 billion, a PE ratio of 27.91, a P/E/G ratio of 3.75 and a beta of 1.01. The stock has a fifty day moving average of $170.68 and a 200 day moving average of $162.98. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.13. The company had revenue of $3.66 billion during the quarter, compared to analysts' expectations of $3.61 billion. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. Texas Instruments's quarterly revenue was down 16.4% on a year-over-year basis. During the same period last year, the business earned $1.85 earnings per share. On average, equities analysts expect that Texas Instruments Incorporated will post 5.21 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th will be given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date is Tuesday, May 7th. Texas Instruments's dividend payout ratio (DPR) is presently 81.12%.

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.