Baker Tilly Wealth Management LLC Has $699,000 Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Baker Tilly Wealth Management LLC grew its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 24.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,726 shares of the semiconductor company’s stock after buying an additional 740 shares during the quarter. Baker Tilly Wealth Management LLC’s holdings in Texas Instruments were worth $699,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Cahill Financial Advisors Inc. raised its holdings in shares of Texas Instruments by 3.5% in the third quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company’s stock valued at $298,000 after purchasing an additional 49 shares during the last quarter. KCM Investment Advisors LLC increased its stake in Texas Instruments by 1.4% in the 3rd quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company’s stock valued at $738,000 after buying an additional 50 shares during the last quarter. Lansing Street Advisors lifted its position in Texas Instruments by 4.7% during the 3rd quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company’s stock worth $233,000 after buying an additional 51 shares in the last quarter. NorthCrest Asset Manangement LLC boosted its stake in shares of Texas Instruments by 1.1% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company’s stock worth $1,030,000 after buying an additional 52 shares during the last quarter. Finally, ABLE Financial Group LLC boosted its stake in shares of Texas Instruments by 2.9% during the 3rd quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company’s stock worth $376,000 after buying an additional 52 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

TXN has been the topic of a number of recent analyst reports. Barclays lowered their target price on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 23rd. Wells Fargo & Company started coverage on shares of Texas Instruments in a research note on Friday, November 22nd. They issued an “equal weight” rating and a $215.00 target price for the company. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research report on Wednesday, October 23rd. Robert W. Baird reduced their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Finally, Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $210.05.

Texas Instruments Trading Down 0.9 %

Shares of TXN stock traded down $1.74 on Friday, hitting $189.92. The company had a trading volume of 856,654 shares, compared to its average volume of 3,956,469. The stock’s 50-day moving average is $197.03 and its two-hundred day moving average is $199.72. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The firm has a market cap of $173.25 billion, a P/E ratio of 35.30, a P/E/G ratio of 4.19 and a beta of 0.98. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping 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 company had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.12 billion. During the same period in the prior year, the company posted $1.80 earnings per share. Texas Instruments’s revenue for the quarter was down 8.4% compared to the same quarter last year. On average, equities research analysts anticipate that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were paid a dividend of $1.36 per share. The ex-dividend date of this dividend was Thursday, October 31st. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a yield of 2.86%. Texas Instruments’s dividend payout ratio is currently 101.12%.

Insiders Place Their Bets

In other news, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the transaction, the director now directly owns 20,461 shares in the company, valued at $4,272,256.80. This trade represents a 32.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

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.