Arkadios Wealth Advisors Has $2 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Arkadios Wealth Advisors lowered its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 23.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,667 shares of the semiconductor company's stock after selling 3,285 shares during the quarter. Arkadios Wealth Advisors' holdings in Texas Instruments were worth $2,000,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TXN. Lake Street Private Wealth LLC grew its stake in Texas Instruments by 18.4% in the fourth quarter. Lake Street Private Wealth LLC now owns 1,672 shares of the semiconductor company's stock worth $314,000 after purchasing an additional 260 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new position in shares of Texas Instruments in the 4th quarter worth approximately $27,000. Brooklyn Investment Group increased its holdings in shares of Texas Instruments by 3.6% in the 4th quarter. Brooklyn Investment Group now owns 5,884 shares of the semiconductor company's stock valued at $1,103,000 after acquiring an additional 207 shares during the last quarter. Merit Financial Group LLC raised its position in shares of Texas Instruments by 111.9% during the 4th quarter. Merit Financial Group LLC now owns 52,987 shares of the semiconductor company's stock valued at $9,936,000 after acquiring an additional 27,987 shares in the last quarter. Finally, Wedge Capital Management L L P NC lifted its stake in Texas Instruments by 10.6% during the fourth quarter. Wedge Capital Management L L P NC now owns 56,625 shares of the semiconductor company's stock worth $10,618,000 after purchasing an additional 5,412 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Ronald Kirk sold 10,539 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares of the company's stock, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert E. Sanchez sold 9,990 shares of the company's stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the sale, the director now directly owns 20,461 shares of the company's stock, valued at $4,272,256.80. The trade was a 32.81 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

Analyst Ratings Changes

Several research firms have weighed in on TXN. Rosenblatt Securities reiterated a "buy" rating and set a $250.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Mizuho set a $200.00 target price on shares of Texas Instruments in a report on Friday, October 18th. Susquehanna lowered their target price on Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a report on Monday, October 21st. Finally, Barclays dropped their price target on Texas Instruments from $210.00 to $200.00 and set an "equal weight" rating on the stock in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $209.71.

Texas Instruments Stock Up 2.7 %

NASDAQ:TXN traded up $5.05 on Friday, hitting $192.42. 5,388,038 shares of the company's stock traded hands, compared to its average volume of 4,167,320. The firm has a 50-day moving average price of $194.79 and a 200-day moving average price of $199.65. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The company has a market cap of $175.53 billion, a PE ratio of 35.77, a price-to-earnings-growth ratio of 3.69 and a beta of 0.98. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.09. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The firm had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same quarter in the prior year, the business earned $1.80 EPS. The company's revenue for the quarter was down 8.4% compared to the same quarter last year. Equities analysts anticipate that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments's dividend payout ratio (DPR) is presently 101.12%.

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.