Independent Solutions Wealth Management LLC Trims Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Independent Solutions Wealth Management LLC decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,942 shares of the semiconductor company’s stock after selling 82 shares during the period. Independent Solutions Wealth Management LLC’s holdings in Texas Instruments were worth $2,146,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of TXN. Mizuho Securities USA LLC lifted its stake in Texas Instruments by 46.0% in the fourth quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company’s stock worth $16,212,000 after acquiring an additional 27,251 shares during the period. Mn Services Vermogensbeheer B.V. raised its holdings in Texas Instruments by 2.1% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 358,784 shares of the semiconductor company’s stock worth $67,276,000 after purchasing an additional 7,500 shares in the last quarter. Brighton Jones LLC raised its holdings in Texas Instruments by 33.4% in the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company’s stock worth $3,158,000 after purchasing an additional 4,218 shares in the last quarter. JARISLOWSKY FRASER Ltd lifted its position in shares of Texas Instruments by 7.4% in the 4th quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company’s stock worth $448,000 after purchasing an additional 165 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of Texas Instruments by 6.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 61,480 shares of the semiconductor company’s stock worth $11,528,000 after purchasing an additional 3,891 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN stock opened at $205.81 on Wednesday. The company has a market capitalization of $186.97 billion, a price-to-earnings ratio of 39.05, a price-to-earnings-growth ratio of 3.28 and a beta of 1.00. 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 one year low of $139.95 and a one year high of $220.39. The company’s 50-day moving average is $179.07 and its 200 day moving average is $182.15.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.22. The firm had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The business’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.10 earnings per share. Sell-side analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal 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 $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments’s payout ratio is 103.23%.

Analyst Ratings Changes

Several equities analysts recently issued reports on TXN shares. Baird R W upgraded shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 7th. Morgan Stanley reaffirmed an “underweight” rating and set a $148.00 price objective (up from $146.00) on shares of Texas Instruments in a research report on Thursday, April 24th. Argus raised Texas Instruments to a “strong-buy” rating in a research report on Friday, April 25th. Stifel Nicolaus lowered their target price on Texas Instruments from $200.00 to $160.00 and set a “hold” rating for the company in a research note on Thursday, April 17th. Finally, Summit Insights lowered Texas Instruments from a “buy” rating to a “hold” rating in a research report on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $190.55.

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.