Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC trimmed its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 10.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,912 shares of the semiconductor company’s stock after selling 997 shares during the period. Motley Fool Wealth Management LLC’s holdings in Texas Instruments were worth $1,602,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Texas Instruments by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 94,020,960 shares of the semiconductor company’s stock valued at $16,895,567,000 after acquiring an additional 453,683 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Texas Instruments by 2.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 21,915,824 shares of the semiconductor company’s stock valued at $3,938,274,000 after acquiring an additional 428,356 shares in the last quarter. Invesco Ltd. grew its stake in Texas Instruments by 14.6% during the 1st quarter. Invesco Ltd. now owns 13,624,568 shares of the semiconductor company’s stock worth $2,448,335,000 after buying an additional 1,731,411 shares during the last quarter. Northern Trust Corp grew its stake in Texas Instruments by 12.2% during the 4th quarter. Northern Trust Corp now owns 10,398,010 shares of the semiconductor company’s stock worth $1,949,731,000 after buying an additional 1,132,187 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Texas Instruments by 9.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,831,420 shares of the semiconductor company’s stock worth $1,587,006,000 after buying an additional 745,119 shares during the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on TXN. Summit Insights downgraded Texas Instruments from a “buy” rating to a “hold” rating in a research note on Thursday, April 24th. Rosenblatt Securities restated a “buy” rating and set a $245.00 price objective on shares of Texas Instruments in a research note on Wednesday, July 23rd. Truist Financial upped their price objective on Texas Instruments from $171.00 to $196.00 and gave the stock a “hold” rating in a research note on Wednesday, July 23rd. Arete Research upgraded Texas Instruments to a “hold” rating in a research note on Thursday, June 26th. Finally, DZ Bank restated a “sell” rating and set a $158.00 price objective on shares of Texas Instruments in a research note on Wednesday, July 23rd. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $212.21.

Texas Instruments Trading Down 1.9%

Shares of NASDAQ TXN opened at $183.71 on Tuesday. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69. The firm has a market capitalization of $167.02 billion, a PE ratio of 33.65, a PEG ratio of 3.06 and a beta of 1.03. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86. The business has a 50-day moving average price of $200.90 and a two-hundred day moving average price of $184.87.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.09. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%. The firm had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.31 billion. During the same period last year, the company posted $1.17 EPS. The business’s quarterly revenue was up 16.4% compared to the same quarter last year. As a group, analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 12th. Investors of record on Thursday, July 31st will be paid a $1.36 dividend. The ex-dividend date of this dividend is Thursday, July 31st. This represents a $5.44 annualized dividend and a dividend yield of 3.0%. Texas Instruments’s payout ratio is presently 99.63%.

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.