Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Financial Partners Group LLC

Financial Partners Group LLC trimmed its position in Texas Instruments Incorporated (NASDAQ:TXN) by 3.0% in the third quarter, Holdings Channel reports. The firm owned 9,814 shares of the semiconductor company’s stock after selling 305 shares during the quarter. Financial Partners Group LLC’s holdings in Texas Instruments were worth $2,027,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brookstone Capital Management boosted its holdings in shares of Texas Instruments by 5.7% during the first quarter. Brookstone Capital Management now owns 17,642 shares of the semiconductor company’s stock valued at $3,073,000 after acquiring an additional 955 shares during the period. Aspiriant LLC boosted its stake in Texas Instruments by 10.7% during the 1st quarter. Aspiriant LLC now owns 1,710 shares of the semiconductor company’s stock valued at $298,000 after purchasing an additional 165 shares during the period. Wealthcare Advisory Partners LLC boosted its stake in Texas Instruments by 84.6% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 6,546 shares of the semiconductor company’s stock valued at $1,140,000 after purchasing an additional 2,999 shares during the period. Hennessy Advisors Inc. grew its stake in shares of Texas Instruments by 18.3% in the first quarter. Hennessy Advisors Inc. now owns 32,186 shares of the semiconductor company’s stock worth $5,607,000 after purchasing an additional 4,969 shares in the last quarter. Finally, Indiana Trust & Investment Management CO increased its holdings in shares of Texas Instruments by 18.6% during the first quarter. Indiana Trust & Investment Management CO now owns 574 shares of the semiconductor company’s stock valued at $100,000 after purchasing an additional 90 shares during the period. 84.99% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, VP Mohammad Yunus sold 3,778 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $208.90, for a total transaction of $789,224.20. Following the completion of the sale, the vice president now owns 28,894 shares in the company, valued at $6,035,956.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, VP Mohammad Yunus sold 3,778 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $208.90, for a total transaction of $789,224.20. Following the transaction, the vice president now owns 28,894 shares in the company, valued at approximately $6,035,956.60. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Shanon J. Leonard sold 2,816 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $208.91, for a total value of $588,290.56. Following the transaction, the vice president now owns 24,112 shares in the company, valued at $5,037,237.92. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,558 shares of company stock worth $3,255,323 in the last quarter. 0.68% of the stock is currently owned by company insiders.

Texas Instruments Stock Performance

TXN stock opened at $206.61 on Friday. The firm has a 50 day moving average of $203.43 and a two-hundred day moving average of $194.99. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $214.66. The company has a market capitalization of $188.11 billion, a price-to-earnings ratio of 32.23, a P/E/G ratio of 4.22 and a beta of 0.98. The company has a quick ratio of 3.49, a current ratio of 4.62 and a debt-to-equity ratio of 0.75.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.09. The business had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a return on equity of 29.15% and a net margin of 31.60%. The firm’s revenue was down 8.4% compared to the same quarter last year. During the same period last year, the business earned $1.80 EPS. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.11 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be paid a $1.36 dividend. The ex-dividend date is Thursday, October 31st. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. This represents a $5.44 dividend on an annualized basis and a yield of 2.63%. Texas Instruments’s dividend payout ratio (DPR) is presently 84.87%.

Wall Street Analyst Weigh In

TXN has been the subject of a number of recent analyst reports. Jefferies Financial Group increased their target price on shares of Texas Instruments from $175.00 to $185.00 and gave the company a “hold” rating in a research report on Wednesday, July 24th. Evercore ISI increased their price target on Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday. Mizuho set a $200.00 price objective on Texas Instruments in a report on Friday, October 18th. Morgan Stanley raised their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a report on Wednesday. Finally, Citigroup upgraded shares of Texas Instruments from a “neutral” rating to a “buy” rating and boosted their price target for the company from $200.00 to $235.00 in a report on Wednesday, August 21st. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and an average price target of $206.95.

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.