Vantage Wealth Has $17.66 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Vantage Wealth raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 94,162 shares of the semiconductor company’s stock after buying an additional 190 shares during the quarter. Texas Instruments accounts for 3.8% of Vantage Wealth’s investment portfolio, making the stock its 17th largest holding. Vantage Wealth’s holdings in Texas Instruments were worth $17,656,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Monte Financial Group LLC increased its holdings in shares of Texas Instruments by 1.8% during the fourth quarter. Monte Financial Group LLC now owns 33,167 shares of the semiconductor company’s stock valued at $6,219,000 after acquiring an additional 575 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc increased its holdings in shares of Texas Instruments by 12.6% during the fourth quarter. AEGON ASSET MANAGEMENT UK Plc now owns 570,179 shares of the semiconductor company’s stock valued at $106,915,000 after acquiring an additional 63,946 shares in the last quarter. Grimes & Company Inc. grew its holdings in Texas Instruments by 2.9% during the fourth quarter. Grimes & Company Inc. now owns 22,849 shares of the semiconductor company’s stock worth $4,284,000 after buying an additional 653 shares in the last quarter. Linden Thomas Advisory Services LLC grew its holdings in Texas Instruments by 5.2% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 12,232 shares of the semiconductor company’s stock worth $2,294,000 after buying an additional 609 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC grew its holdings in Texas Instruments by 1.0% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 15,608 shares of the semiconductor company’s stock worth $2,927,000 after buying an additional 150 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the sale, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Stock Performance

Shares of TXN opened at $185.52 on Friday. The stock has a market capitalization of $169.24 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 3.84 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The stock’s 50-day simple moving average is $193.38 and its 200 day simple moving average is $199.46. Texas Instruments Incorporated has a 52-week low of $155.46 and a 52-week high of $220.38.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same period last year, the company posted $1.49 EPS. Research analysts forecast that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a dividend of $1.36 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 2.93%. Texas Instruments’s payout ratio is 101.12%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Truist Financial cut their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research report on Friday. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday. Benchmark reissued a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research report on Friday. Morgan Stanley boosted their price objective on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Finally, Robert W. Baird dropped their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments 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.