Lantern Wealth Advisors LLC Sells 176 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Lantern Wealth Advisors LLC reduced its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 6.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,724 shares of the semiconductor company’s stock after selling 176 shares during the quarter. Lantern Wealth Advisors LLC’s holdings in Texas Instruments were worth $511,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TXN. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Texas Instruments by 3.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,062,604 shares of the semiconductor company’s stock valued at $1,511,819,000 after acquiring an additional 288,672 shares in the last quarter. Waverly Advisors LLC lifted its holdings in shares of Texas Instruments by 27.1% during the fourth quarter. Waverly Advisors LLC now owns 12,415 shares of the semiconductor company’s stock valued at $2,328,000 after purchasing an additional 2,645 shares in the last quarter. Woodline Partners LP purchased a new stake in shares of Texas Instruments during the fourth quarter valued at $8,921,000. Victrix Investment Advisors bought a new stake in Texas Instruments in the 4th quarter worth about $2,213,000. Finally, Vident Advisory LLC grew its stake in shares of Texas Instruments by 5.3% in the fourth quarter. Vident Advisory LLC now owns 27,527 shares of the semiconductor company’s stock worth $5,162,000 after acquiring an additional 1,397 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the sale, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $82,930,522.08. The trade was a 19.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the sale, the director now owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. This represents a 35.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 297,065 shares of company stock worth $59,734,685 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.

Analyst Ratings Changes

TXN has been the topic of several research analyst reports. Wells Fargo & Company lowered their price target on Texas Instruments from $200.00 to $175.00 and set an “equal weight” rating on the stock in a report on Thursday, April 24th. Baird R W raised Texas Instruments from a “hold” rating to a “strong-buy” rating in a report on Monday, April 7th. Summit Insights downgraded Texas Instruments from a “buy” rating to a “hold” rating in a research note on Thursday, April 24th. UBS Group lowered their price objective on shares of Texas Instruments from $225.00 to $215.00 and set a “buy” rating on the stock in a research note on Thursday, April 24th. Finally, Argus upgraded shares of Texas Instruments to a “strong-buy” rating in a research report on Friday, April 25th. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and a consensus target price of $189.41.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $188.34 on Tuesday. The stock has a market capitalization of $171.10 billion, a P/E ratio of 36.29, a PEG ratio of 3.30 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The company has a 50 day moving average price of $167.54 and a 200 day moving average price of $184.17.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.06 by $0.22. The business had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.10 earnings per share. Equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 103.23%.

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.