Rockline Wealth Management LLC Has $2.48 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Rockline Wealth Management LLC lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,245 shares of the semiconductor company’s stock after buying an additional 937 shares during the quarter. Rockline Wealth Management LLC’s holdings in Texas Instruments were worth $2,484,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Calamos Wealth Management LLC increased its stake in shares of Texas Instruments by 6.5% in the 4th quarter. Calamos Wealth Management LLC now owns 1,893 shares of the semiconductor company’s stock valued at $355,000 after acquiring an additional 116 shares during the last quarter. Patron Partners LLC raised its holdings in shares of Texas Instruments by 2.3% during the fourth quarter. Patron Partners LLC now owns 4,236 shares of the semiconductor company’s stock worth $794,000 after acquiring an additional 94 shares during the period. Trust Point Inc. boosted its stake in Texas Instruments by 9.9% in the 4th quarter. Trust Point Inc. now owns 8,069 shares of the semiconductor company’s stock worth $1,513,000 after purchasing an additional 728 shares during the period. Alliance Wealth Advisors LLC UT raised its stake in shares of Texas Instruments by 1.4% in the 4th quarter. Alliance Wealth Advisors LLC UT now owns 15,219 shares of the semiconductor company’s stock valued at $2,854,000 after purchasing an additional 208 shares during the period. Finally, Financial Life Planners acquired a new stake in Texas Instruments in the 4th quarter valued at approximately $26,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Performance

NASDAQ TXN opened at $180.94 on Tuesday. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The company has a fifty day simple moving average of $191.69 and a 200 day simple moving average of $198.75. Texas Instruments Incorporated has a 12-month low of $155.46 and a 12-month high of $220.38. The company has a market cap of $165.06 billion, a P/E ratio of 34.86, a PEG ratio of 2.94 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the prior year, the company posted $1.49 earnings per share. Sell-side analysts predict that Texas Instruments Incorporated will post 5.42 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date is Friday, January 31st. Texas Instruments’s payout ratio is 104.82%.

Insiders Place Their Bets

In related news, Director Ronald Kirk sold 10,539 shares of the 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 sale, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Robert W. Baird lowered their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Wells Fargo & Company cut their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Rosenblatt Securities restated a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a research note on Tuesday, January 21st. Evercore ISI increased their price target on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Finally, Mizuho decreased 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. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus price target of $209.20.

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.