Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by RWA Wealth Partners LLC

RWA Wealth Partners LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 170.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,471 shares of the semiconductor company’s stock after buying an additional 11,642 shares during the period. RWA Wealth Partners LLC’s holdings in Texas Instruments were worth $3,149,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Texas Instruments by 0.5% in the third quarter. Vanguard Group Inc. now owns 88,862,201 shares of the semiconductor company’s stock valued at $14,129,979,000 after purchasing an additional 458,853 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Texas Instruments by 4.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 18,893,821 shares of the semiconductor company’s stock valued at $2,986,123,000 after purchasing an additional 839,964 shares during the period. Morgan Stanley grew its holdings in shares of Texas Instruments by 14.2% in the third quarter. Morgan Stanley now owns 14,154,358 shares of the semiconductor company’s stock valued at $2,250,685,000 after purchasing an additional 1,755,582 shares during the period. Northern Trust Corp grew its holdings in shares of Texas Instruments by 2.9% in the third quarter. Northern Trust Corp now owns 11,095,428 shares of the semiconductor company’s stock valued at $1,764,284,000 after purchasing an additional 315,302 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Texas Instruments by 6.2% in the third quarter. Invesco Ltd. now owns 5,661,205 shares of the semiconductor company’s stock valued at $900,188,000 after purchasing an additional 329,530 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Up 1.2 %

Shares of NASDAQ:TXN opened at $165.47 on Wednesday. The firm’s 50 day moving average price is $168.32 and its 200 day moving average price is $161.90. The stock has a market cap of $150.59 billion, a price-to-earnings ratio of 23.44, a price-to-earnings-growth ratio of 3.52 and a beta of 1.04. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.03. The firm had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The firm’s revenue was down 12.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.13 earnings per share. As a group, equities research analysts predict that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Cantor Fitzgerald upped their price objective on shares of Texas Instruments from $170.00 to $180.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Evercore ISI assumed coverage on shares of Texas Instruments in a research note on Tuesday, April 16th. They set an “outperform” rating and a $213.00 target price for the company. Susquehanna lowered their target price on shares of Texas Instruments from $205.00 to $200.00 and set a “positive” rating for the company in a research note on Wednesday, January 24th. KeyCorp increased their target price on shares of Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 24th. Finally, UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and increased their target price for the stock from $170.00 to $195.00 in a research note on Friday, January 19th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Texas Instruments has an average rating of “Hold” and an average target price of $177.47.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the firm’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the sale, the director now owns 11,693 shares of the company’s stock, valued at $1,869,126.05. 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 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.