Kingswood Wealth Advisors LLC Has $4.51 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

Kingswood Wealth Advisors LLC lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 6.8% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 25,103 shares of the semiconductor company’s stock after selling 1,838 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Texas Instruments were worth $4,511,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Gerber Kawasaki Wealth & Investment Management raised its position in Texas Instruments by 1.8% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company’s stock worth $598,000 after purchasing an additional 56 shares in the last quarter. Voya Financial Advisors Inc. raised its position in Texas Instruments by 1.6% in the fourth quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company’s stock worth $686,000 after purchasing an additional 58 shares in the last quarter. Dunhill Financial LLC raised its position in Texas Instruments by 3.7% in the fourth quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company’s stock worth $320,000 after purchasing an additional 61 shares in the last quarter. Prestige Wealth Management Group LLC raised its position in Texas Instruments by 3.7% in the fourth quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company’s stock worth $327,000 after purchasing an additional 62 shares in the last quarter. Finally, Main Street Research LLC raised its position in Texas Instruments by 3.1% in the fourth quarter. Main Street Research LLC now owns 2,110 shares of the semiconductor company’s stock worth $396,000 after purchasing an additional 63 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Price Performance

Shares of TXN stock opened at $197.69 on Wednesday. The firm’s 50 day moving average price is $174.54 and its two-hundred day moving average price is $182.01. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $220.39. The stock has a market cap of $179.60 billion, a PE ratio of 37.51, a PEG ratio of 3.24 and a beta of 1.00.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The firm had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the previous year, the business earned $1.10 EPS. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. As a group, analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments’s dividend payout ratio is presently 103.23%.

Analyst Ratings Changes

TXN has been the subject of several recent research reports. Truist Financial dropped their price target on shares of Texas Instruments from $195.00 to $171.00 and set a “hold” rating for the company in a research report on Thursday, April 24th. Baird R W raised shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 7th. Rosenblatt Securities reaffirmed a “buy” rating and set a $216.00 price objective on shares of Texas Instruments in a research note on Thursday, April 24th. Wells Fargo & Company upped their price objective on shares of Texas Instruments from $175.00 to $190.00 and gave the stock an “equal weight” rating in a research note on Monday. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Texas Instruments from $230.00 to $195.00 and set an “overweight” rating on the stock in a research note on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments has an average rating of “Hold” and a consensus price target of $190.55.

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.