Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 14.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,317 shares of the semiconductor company’s stock after acquiring an additional 301 shares during the period. Outlook Wealth Advisors LLC’s holdings in Texas Instruments were worth $404,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Tennessee Valley Asset Management Partners acquired a new stake in shares of Texas Instruments in the 4th quarter worth $25,000. Life Planning Partners Inc purchased a new stake in Texas Instruments in the 4th quarter valued at approximately $26,000. Richardson Financial Services Inc. acquired a new position in Texas Instruments during the 4th quarter worth approximately $26,000. Scarborough Advisors LLC purchased a new position in shares of Texas Instruments during the 4th quarter worth approximately $26,000. Finally, Annapolis Financial Services LLC lifted its holdings in shares of Texas Instruments by 333.3% in the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 120 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Texas Instruments

In related news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the completion of the transaction, the director now directly owns 11,693 shares in the company, valued at $1,869,126.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.68% of the stock is currently owned by insiders.

Texas Instruments Price Performance

Shares of TXN traded up $2.23 during trading hours on Friday, reaching $177.48. 5,401,860 shares of the company traded hands, compared to its average volume of 5,477,503. The stock has a market capitalization of $161.59 billion, a PE ratio of 27.69, a price-to-earnings-growth ratio of 3.75 and a beta of 1.04. The stock has a fifty day simple moving average of $169.29 and a 200 day simple moving average of $162.22. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. The company has a quick ratio of 3.35, a current ratio of 4.91 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. The company had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The firm’s quarterly revenue was down 16.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.85 EPS. As a group, research analysts predict that Texas Instruments Incorporated will post 5.2 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be paid a $1.30 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 annualized dividend and a yield of 2.93%. Texas Instruments’s payout ratio is currently 81.12%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TXN. Oppenheimer reaffirmed a “market perform” rating on shares of Texas Instruments in a report on Wednesday. UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and upped their price target for the stock from $170.00 to $195.00 in a research note on Friday, January 19th. Evercore ISI raised their price objective on shares of Texas Instruments from $213.00 to $225.00 and gave the company an “outperform” rating in a research note on Wednesday. TD Cowen upped their target price on shares of Texas Instruments from $160.00 to $175.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $180.00 target price on shares of Texas Instruments in a report on Wednesday. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $180.74.

About Texas Instruments

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.