Texas Instruments Incorporated (TXN) Holdings Trimmed by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. lessened its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,770 shares of the semiconductor company’s stock after selling 381 shares during the quarter. Paulson Wealth Management Inc.’s holdings in Texas Instruments were worth $557,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in TXN. Highwater Wealth Management LLC acquired a new position in shares of Texas Instruments in the fourth quarter valued at approximately $34,000. G&S Capital LLC grew its position in shares of Texas Instruments by 25.0% in the fourth quarter. G&S Capital LLC now owns 725 shares of the semiconductor company’s stock valued at $69,000 after purchasing an additional 145 shares during the last quarter. Centaurus Financial Inc. acquired a new stake in Texas Instruments during the second quarter worth approximately $101,000. Legacy Financial Advisors Inc. grew its position in Texas Instruments by 67.7% during the fourth quarter. Legacy Financial Advisors Inc. now owns 976 shares of the semiconductor company’s stock worth $92,000 after buying an additional 394 shares in the last quarter. Finally, Livingston Group Asset Management CO operating as Southport Capital Management acquired a new stake in Texas Instruments during the third quarter worth approximately $107,000. 84.53% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Martin S. Craighead purchased 10,900 shares of the company’s stock in a transaction dated Thursday, October 25th. The stock was bought at an average cost of $91.70 per share, for a total transaction of $999,530.00. Following the purchase, the director now owns 13,100 shares of the company’s stock, valued at $1,201,270. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Kyle M. Flessner sold 16,088 shares of the stock in a transaction on Wednesday, October 31st. The shares were sold at an average price of $94.00, for a total value of $1,512,272.00. Following the completion of the transaction, the insider now owns 43,270 shares of the company’s stock, valued at $4,067,380. The disclosure for this sale can be found here. 0.84% of the stock is currently owned by corporate insiders.

TXN has been the topic of a number of analyst reports. Bank of America downgraded Texas Instruments from a “buy” rating to a “neutral” rating and set a $89.50 price target on the stock. in a research report on Friday, January 4th. JPMorgan Chase & Co. reduced their price target on Texas Instruments from $134.00 to $120.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 24th. B. Riley reduced their price target on Texas Instruments from $123.00 to $110.00 and set a “neutral” rating on the stock in a research report on Monday, October 22nd. Royal Bank of Canada reduced their price target on Texas Instruments to $120.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 24th. Finally, Sanford C. Bernstein reissued a “buy” rating and set a $115.00 price target on shares of Texas Instruments in a research report on Wednesday, October 24th. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and fourteen have assigned a buy rating to the stock. Texas Instruments currently has a consensus rating of “Hold” and an average price target of $114.66.

Shares of TXN traded down $0.12 during trading hours on Wednesday, reaching $96.50. The stock had a trading volume of 801,627 shares, compared to its average volume of 5,304,554. Texas Instruments Incorporated has a 12 month low of $87.70 and a 12 month high of $120.75. The stock has a market capitalization of $95.50 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 1.91 and a beta of 1.20. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.09 and a current ratio of 3.97.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, October 23rd. The semiconductor company reported $1.58 EPS for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.05. Texas Instruments had a return on equity of 50.03% and a net margin of 29.62%. The company had revenue of $4.26 billion during the quarter, compared to analysts’ expectations of $4.30 billion. During the same period in the prior year, the company earned $1.26 EPS. Texas Instruments’s revenue was up 3.5% compared to the same quarter last year. As a group, equities analysts forecast that Texas Instruments Incorporated will post 5.4 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, February 11th. Stockholders of record on Thursday, January 31st will be paid a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Wednesday, January 30th. Texas Instruments’s payout ratio is 71.96%.

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Texas Instruments Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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