Simplicity Wealth LLC Cuts Stake in Texas Instruments Incorporated $TXN

Simplicity Wealth LLC cut its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 50.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,055 shares of the semiconductor company’s stock after selling 7,275 shares during the quarter. Simplicity Wealth LLC’s holdings in Texas Instruments were worth $1,296,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Woodmont Investment Counsel LLC boosted its holdings in Texas Instruments by 2.9% in the second quarter. Woodmont Investment Counsel LLC now owns 1,650 shares of the semiconductor company’s stock valued at $343,000 after purchasing an additional 47 shares during the period. Confluence Wealth Services Inc. boosted its stake in shares of Texas Instruments by 0.4% in the 2nd quarter. Confluence Wealth Services Inc. now owns 10,996 shares of the semiconductor company’s stock valued at $2,283,000 after buying an additional 48 shares during the period. Milestone Asset Management LLC boosted its stake in shares of Texas Instruments by 1.9% in the 2nd quarter. Milestone Asset Management LLC now owns 2,929 shares of the semiconductor company’s stock valued at $608,000 after buying an additional 54 shares during the period. Roundview Capital LLC grew its position in shares of Texas Instruments by 0.3% during the second quarter. Roundview Capital LLC now owns 21,327 shares of the semiconductor company’s stock worth $4,428,000 after buying an additional 55 shares in the last quarter. Finally, Cornerstone Advisory LLC increased its stake in shares of Texas Instruments by 2.4% during the second quarter. Cornerstone Advisory LLC now owns 2,375 shares of the semiconductor company’s stock worth $493,000 after buying an additional 55 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TXN. Weiss Ratings reiterated a “hold (c)” rating on shares of Texas Instruments in a research note on Monday, December 29th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $190.00 price objective on shares of Texas Instruments in a research report on Tuesday, December 16th. The Goldman Sachs Group downgraded shares of Texas Instruments from a “buy” rating to a “sell” rating and lowered their target price for the stock from $200.00 to $156.00 in a research note on Monday, December 15th. Susquehanna raised their price target on Texas Instruments from $200.00 to $225.00 and gave the company a “positive” rating in a research note on Thursday. Finally, Mizuho set a $145.00 price objective on Texas Instruments in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $195.12.

Insider Buying and Selling

In other news, VP Christine Witzsche sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $164.31, for a total transaction of $164,310.00. Following the transaction, the vice president directly owned 20,821 shares in the company, valued at approximately $3,421,098.51. This trade represents a 4.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ronald Kirk sold 9,990 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $162.33, for a total transaction of $1,621,676.70. Following the completion of the sale, the director owned 14,937 shares of the company’s stock, valued at approximately $2,424,723.21. This trade represents a 40.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.57% of the company’s stock.

Texas Instruments Stock Performance

NASDAQ TXN opened at $193.31 on Friday. The company has a fifty day moving average of $177.82 and a two-hundred day moving average of $183.08. The company has a market capitalization of $175.65 billion, a PE ratio of 35.34, a P/E/G ratio of 3.10 and a beta of 1.00. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $221.69. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, meeting the consensus estimate of $1.48. The business had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.65 billion. Texas Instruments had a return on equity of 30.41% and a net margin of 29.21%.The business’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.44 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 10th. Stockholders of record on Friday, January 30th will be issued a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, January 30th. Texas Instruments’s dividend payout ratio is presently 103.84%.

Texas Instruments Company Profile

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.