AE Wealth Management LLC decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 49.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,613 shares of the semiconductor company’s stock after selling 5,584 shares during the quarter. AE Wealth Management LLC’s holdings in Texas Instruments were worth $586,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. TLP Group LLC acquired a new stake in shares of Texas Instruments during the 2nd quarter worth approximately $246,000. Bahl & Gaynor Inc. grew its position in shares of Texas Instruments by 43.0% during the 2nd quarter. Bahl & Gaynor Inc. now owns 1,976,007 shares of the semiconductor company’s stock worth $144,189,000 after buying an additional 594,073 shares during the period. Richard C. Young & CO. LTD. grew its position in shares of Texas Instruments by 2.2% during the 2nd quarter. Richard C. Young & CO. LTD. now owns 56,824 shares of the semiconductor company’s stock worth $4,371,000 after buying an additional 1,229 shares during the period. BlackRock Inc. grew its position in shares of Texas Instruments by 1.1% during the 2nd quarter. BlackRock Inc. now owns 65,400,461 shares of the semiconductor company’s stock worth $5,031,257,000 after buying an additional 681,821 shares during the period. Finally, Amalgamated Bank grew its position in shares of Texas Instruments by 54.8% during the 2nd quarter. Amalgamated Bank now owns 117,831 shares of the semiconductor company’s stock worth $9,065,000 after buying an additional 41,726 shares during the period. Hedge funds and other institutional investors own 84.30% of the company’s stock.

In related news, VP R Gregory Delagi sold 40,826 shares of the business’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $109.23, for a total value of $4,459,423.98. Following the sale, the vice president now directly owns 115,175 shares in the company, valued at approximately $12,580,565.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Haren Julie Van sold 19,125 shares of the business’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $105.48, for a total value of $2,017,305.00. Following the completion of the sale, the insider now owns 29,578 shares in the company, valued at $3,119,887.44. The disclosure for this sale can be found here. Insiders have sold a total of 707,677 shares of company stock worth $78,161,034 over the last quarter. Company insiders own 0.96% of the company’s stock.

Several analysts recently issued reports on the stock. Oppenheimer reissued a “buy” rating and issued a $110.00 price target (up previously from $92.00) on shares of Texas Instruments in a research report on Wednesday, October 25th. Drexel Hamilton reissued a “buy” rating and issued a $110.00 price target (up previously from $95.00) on shares of Texas Instruments in a research report on Wednesday, October 25th. Bank of America lifted their price target on shares of Texas Instruments from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. BMO Capital Markets reissued a “buy” rating and issued a $105.00 price target on shares of Texas Instruments in a research report on Wednesday, October 25th. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $112.00 price target on shares of Texas Instruments in a research report on Thursday, January 4th. Fifteen analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. Texas Instruments has an average rating of “Buy” and an average target price of $109.65.

Shares of Texas Instruments Incorporated (NASDAQ:TXN) opened at $100.49 on Friday. The company has a market capitalization of $101,910.00, a price-to-earnings ratio of 27.91, a PEG ratio of 2.14 and a beta of 1.24. Texas Instruments Incorporated has a 52 week low of $74.52 and a 52 week high of $120.75. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.00 and a current ratio of 3.87.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, January 23rd. The semiconductor company reported $1.09 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.09. The company had revenue of $3.75 billion for the quarter, compared to analysts’ expectations of $3.74 billion. Texas Instruments had a return on equity of 40.83% and a net margin of 24.61%. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.91 EPS. research analysts predict that Texas Instruments Incorporated will post 4.97 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 12th. Stockholders of record on Wednesday, January 31st will be paid a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date of this dividend is Tuesday, January 30th. Texas Instruments’s payout ratio is 68.89%.

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Texas Instruments Profile

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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