Capital Asset Advisory Services LLC Has $230,000 Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Capital Asset Advisory Services LLC decreased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 9.3% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,373 shares of the semiconductor company’s stock after selling 140 shares during the period. Capital Asset Advisory Services LLC’s holdings in Texas Instruments were worth $230,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Tennessee Valley Asset Management Partners acquired a new stake in Texas Instruments during the 4th quarter valued at $25,000. Life Planning Partners Inc acquired a new stake in Texas Instruments during the 4th quarter valued at $26,000. Richardson Financial Services Inc. acquired a new stake in Texas Instruments during the 4th quarter valued at $26,000. Scarborough Advisors LLC acquired a new stake in Texas Instruments during the 4th quarter valued at $26,000. Finally, Pacific Capital Wealth Advisors Inc. acquired a new stake in Texas Instruments during the 4th quarter valued at $31,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Oppenheimer reissued a “market perform” rating on shares of Texas Instruments in a research note on Wednesday, April 24th. Susquehanna raised their price target on Texas Instruments from $200.00 to $205.00 and gave the stock a “positive” rating in a research report on Wednesday, April 24th. Wells Fargo & Company began coverage on Texas Instruments in a research report on Thursday, May 16th. They issued an “underweight” rating and a $150.00 price target on the stock. Evercore ISI raised their price target on Texas Instruments from $213.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 24th. Finally, Jefferies Financial Group lowered Texas Instruments from a “buy” rating to a “hold” rating and reduced their price target for the stock from $200.00 to $175.00 in a research report on Monday, May 13th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $183.43.

Texas Instruments Price Performance

Shares of TXN stock traded up $1.10 during trading hours on Friday, reaching $194.53. The company’s stock had a trading volume of 8,858,530 shares, compared to its average volume of 5,577,100. The firm’s 50 day simple moving average is $190.26 and its 200-day simple moving average is $175.16. The company has a market capitalization of $177.12 billion, a price-to-earnings ratio of 30.35, a PEG ratio of 4.18 and a beta of 1.00. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $206.00. 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) last issued its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. The firm had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.61 billion. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The company’s revenue was down 16.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.85 EPS. Sell-side analysts forecast that Texas Instruments Incorporated will post 5.13 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th were given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend was Tuesday, May 7th. Texas Instruments’s dividend payout ratio is currently 81.12%.

Insider Buying and Selling

In other news, Director Robert E. Sanchez sold 10,539 shares of Texas Instruments stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $174.97, for a total value of $1,844,008.83. Following the completion of the transaction, the director now directly owns 20,461 shares of the company’s stock, valued at approximately $3,580,061.17. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Robert E. Sanchez sold 10,539 shares of Texas Instruments stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $174.97, for a total value of $1,844,008.83. Following the completion of the transaction, the director now directly owns 20,461 shares of the company’s stock, valued at approximately $3,580,061.17. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman Richard K. Templeton sold 104,000 shares of Texas Instruments stock in a transaction dated 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 $72,160,096.68. The disclosure for this sale can be found here. Insiders sold a total of 328,969 shares of company stock valued at $58,427,984 in the last three months. Insiders own 0.68% of the company’s stock.

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.