Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Boosted by Arlington Trust Co LLC

Arlington Trust Co LLC lifted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 24.9% in the 2nd quarter, Holdings Channel reports. The fund owned 5,139 shares of the semiconductor company’s stock after buying an additional 1,024 shares during the period. Arlington Trust Co LLC’s holdings in Texas Instruments were worth $1,000,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Richardson Financial Services Inc. bought a new position in shares of Texas Instruments during the 4th quarter valued at about $26,000. Scarborough Advisors LLC bought a new position in shares of Texas Instruments during the 4th quarter valued at about $26,000. Westend Capital Management LLC bought a new position in shares of Texas Instruments during the 1st quarter valued at about $31,000. Norwood Financial Corp bought a new position in shares of Texas Instruments during the 1st quarter valued at about $32,000. Finally, Fortis Group Advisors LLC lifted its stake in Texas Instruments by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 196 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 98 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on TXN. Rosenblatt Securities upped their price objective on shares of Texas Instruments from $210.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, July 22nd. Susquehanna upped their price objective on shares of Texas Instruments from $205.00 to $250.00 and gave the company a “positive” rating in a research note on Wednesday, July 17th. Cantor Fitzgerald reissued a “neutral” rating and issued a $210.00 price target on shares of Texas Instruments in a research report on Wednesday, August 21st. Benchmark reissued a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Wednesday, July 24th. Finally, Truist Financial reduced their price target on shares of Texas Instruments from $203.00 to $198.00 and set a “hold” rating for the company in a research report on Wednesday, August 21st. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and a consensus price target of $204.67.

Texas Instruments Stock Down 2.0 %

Shares of NASDAQ TXN opened at $197.45 on Friday. The stock has a market cap of $179.77 billion, a PE ratio of 30.80, a PEG ratio of 4.43 and a beta of 0.99. The business has a fifty day moving average of $200.50 and a two-hundred day moving average of $187.57. Texas Instruments Incorporated has a 52-week low of $139.48 and a 52-week high of $214.66. The company has a debt-to-equity ratio of 0.75, a quick ratio of 3.49 and a current ratio of 4.62.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The company had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.82 billion. During the same period last year, the business earned $1.87 earnings per share. The business’s revenue was down 15.6% on a year-over-year basis. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.11 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Wednesday, July 31st were given a $1.30 dividend. The ex-dividend date was Wednesday, July 31st. This represents a $5.20 dividend on an annualized basis and a yield of 2.63%. Texas Instruments’s payout ratio is 81.12%.

Insider Buying and Selling

In other news, CEO Haviv Ilan sold 1,200 shares of the business’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $209.44, for a total transaction of $251,328.00. Following the completion of the transaction, the chief executive officer now directly owns 158,676 shares in the company, valued at approximately $33,233,101.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Haviv Ilan sold 1,200 shares of the business’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $209.44, for a total transaction of $251,328.00. Following the completion of the transaction, the chief executive officer now directly owns 158,676 shares in the company, valued at approximately $33,233,101.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Julie C. Knecht sold 7,764 shares of the business’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $209.49, for a total value of $1,626,480.36. Following the transaction, the chief accounting officer now owns 11,806 shares of the company’s stock, valued at $2,473,238.94. The disclosure for this sale can be found here. Insiders sold a total of 15,558 shares of company stock worth $3,255,323 over the last three months. 0.68% of the stock is currently owned by company insiders.

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.