Guardian Wealth Advisors LLC NC Acquires 448 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Guardian Wealth Advisors LLC NC increased its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 17.3% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,033 shares of the semiconductor company’s stock after acquiring an additional 448 shares during the period. Guardian Wealth Advisors LLC NC’s holdings in Texas Instruments were worth $569,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in TXN. Promus Capital LLC bought a new stake in shares of Texas Instruments in the 4th quarter worth $25,000. Financial Life Planners purchased a new stake in shares of Texas Instruments during the fourth quarter valued at $26,000. Retirement Wealth Solutions LLC bought a new stake in Texas Instruments in the 4th quarter worth about $27,000. Summit Securities Group LLC purchased a new position in Texas Instruments in the 4th quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in Texas Instruments during the 4th quarter valued at about $28,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. DZ Bank raised shares of Texas Instruments from a “sell” rating to a “hold” rating and set a $163.00 price objective on the stock in a report on Friday, April 25th. Benchmark cut their price objective on shares of Texas Instruments from $230.00 to $200.00 and set a “buy” rating for the company in a research report on Thursday, April 24th. Argus raised Texas Instruments to a “strong-buy” rating in a report on Friday, April 25th. Seaport Res Ptn raised Texas Instruments to a “strong sell” rating in a report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. decreased their price objective on Texas Instruments from $230.00 to $195.00 and set an “overweight” rating on the stock in a research note on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $189.41.

Insider Activity at Texas Instruments

In related news, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the transaction, the director now owns 10,816 shares in the company, valued at $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the sale, the chairman now owns 409,089 shares in the company, valued at $82,930,522.08. The trade was a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 297,065 shares of company stock worth $59,734,685. 0.57% of the stock is currently owned by company insiders.

Texas Instruments Stock Up 4.0 %

NASDAQ TXN opened at $172.27 on Friday. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. The firm has a market cap of $156.50 billion, a PE ratio of 33.19, a P/E/G ratio of 3.30 and a beta of 0.97. The business’s fifty day simple moving average is $167.29 and its 200-day simple moving average is $185.11. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last posted 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. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The company had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $3.91 billion. During the same quarter last year, the firm earned $1.10 earnings per share. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th will be issued a $1.36 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 3.16%. Texas Instruments’s dividend payout ratio is currently 103.23%.

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.