Outlook Wealth Advisors LLC Acquires 301 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Outlook Wealth Advisors LLC increased its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 14.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,317 shares of the semiconductor company’s stock after purchasing an additional 301 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Texas Instruments were worth $404,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of TXN. AXQ Capital LP raised its position in shares of Texas Instruments by 64.3% during the 3rd quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company’s stock valued at $731,000 after purchasing an additional 1,800 shares during the period. First National Bank of Mount Dora Trust Investment Services lifted its position in shares of Texas Instruments by 0.4% in the fourth quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company’s stock valued at $7,182,000 after acquiring an additional 155 shares in the last quarter. Verdence Capital Advisors LLC boosted its stake in shares of Texas Instruments by 39.9% in the third quarter. Verdence Capital Advisors LLC now owns 8,405 shares of the semiconductor company’s stock worth $1,336,000 after acquiring an additional 2,397 shares during the period. Salem Investment Counselors Inc. grew its position in shares of Texas Instruments by 2.2% during the fourth quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company’s stock worth $1,403,000 after purchasing an additional 177 shares in the last quarter. Finally, Chicago Capital LLC grew its position in shares of Texas Instruments by 182.7% during the fourth quarter. Chicago Capital LLC now owns 12,859 shares of the semiconductor company’s stock worth $2,192,000 after purchasing an additional 8,311 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 1.3 %

Shares of Texas Instruments stock traded up $2.23 during trading on Friday, reaching $177.48. The company’s stock had a trading volume of 5,401,860 shares, compared to its average volume of 5,477,503. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12. The company has a 50-day simple moving average of $169.29 and a two-hundred day simple moving average of $162.22. The company has a quick ratio of 3.35, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. The company has a market cap of $161.59 billion, a price-to-earnings ratio of 27.69, a P/E/G ratio of 3.75 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.07 by $0.13. The firm had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. Texas Instruments’s revenue was down 16.4% on a year-over-year basis. During the same period last year, the firm posted $1.85 EPS. As a group, equities analysts forecast that Texas Instruments Incorporated will post 5.2 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date is Tuesday, May 7th. Texas Instruments’s dividend payout ratio is presently 81.12%.

Analysts Set New Price Targets

Several research firms recently weighed in on TXN. Robert W. Baird raised their target price on shares of Texas Instruments from $125.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday. Cantor Fitzgerald restated a “neutral” rating and set a $180.00 price objective on shares of Texas Instruments in a research report on Wednesday. Oppenheimer reiterated a “market perform” rating on shares of Texas Instruments in a research report on Wednesday. Evercore ISI increased their price target on Texas Instruments from $213.00 to $225.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $210.00 price objective on shares of Texas Instruments in a research note on Wednesday. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $180.74.

Insider Buying and Selling at Texas Instruments

In related news, Director Mark A. Blinn sold 1,744 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the sale, the director now directly owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.68% 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.