Avantax Advisory Services Inc. Has $10.38 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Avantax Advisory Services Inc. increased its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 25.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 55,331 shares of the semiconductor company's stock after purchasing an additional 11,050 shares during the period. Avantax Advisory Services Inc.'s holdings in Texas Instruments were worth $10,375,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cahill Financial Advisors Inc. grew its position in shares of Texas Instruments by 3.5% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company's stock worth $298,000 after acquiring an additional 49 shares in the last quarter. KCM Investment Advisors LLC increased its stake in Texas Instruments by 1.4% during the third quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company's stock valued at $738,000 after purchasing an additional 50 shares during the last quarter. HF Advisory Group LLC grew its position in Texas Instruments by 0.6% in the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company's stock worth $1,602,000 after purchasing an additional 52 shares during the last quarter. Bell Bank raised its holdings in shares of Texas Instruments by 3.4% during the third quarter. Bell Bank now owns 1,602 shares of the semiconductor company's stock valued at $331,000 after buying an additional 53 shares during the last quarter. Finally, Blossom Wealth Management boosted its position in shares of Texas Instruments by 5.1% during the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock worth $213,000 after buying an additional 55 shares during the period. 84.99% of the stock is owned by institutional investors.

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Texas Instruments Stock Down 1.2 %

NASDAQ:TXN traded down $2.10 during trading hours on Thursday, hitting $173.60. 5,256,976 shares of the company's stock traded hands, compared to its average volume of 6,657,576. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.38. The firm has a market cap of $157.96 billion, a P/E ratio of 33.45, a P/E/G ratio of 3.30 and a beta of 0.98. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The stock's fifty day moving average price is $188.89 and its two-hundred day moving average price is $196.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period last year, the business earned $1.49 earnings per share. On average, research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.13%. The ex-dividend date was Friday, January 31st. Texas Instruments's dividend payout ratio is currently 104.82%.

Analyst Upgrades and Downgrades

TXN has been the topic of several recent analyst reports. Barclays cut their target price on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a research note on Friday, January 24th. Mizuho cut their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a research note on Friday, January 24th. Rosenblatt Securities reissued a "buy" rating and set a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Cantor Fitzgerald restated a "neutral" rating and set a $200.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Benchmark reiterated a "buy" rating and issued a $230.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $209.20.

Insider Activity

In related news, Chairman Richard K. Templeton sold 97,000 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the sale, the chairman now owns 409,089 shares of the company's stock, valued at approximately $80,872,804.41. The trade was a 19.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mark A. Blinn sold 590 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 297,655 shares of company stock worth $59,841,304 in the last ninety days. Corporate insiders own 0.57% of the company's stock.

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.