738 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Acquired by Highline Wealth Partners LLC

Highline Wealth Partners LLC acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 738 shares of the semiconductor company’s stock, valued at approximately $152,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tsfg LLC increased its stake in Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 82 shares during the period. McClarren Financial Advisors Inc. acquired a new position in Texas Instruments in the 3rd quarter valued at about $43,000. Tradewinds Capital Management LLC raised its stake in Texas Instruments by 71.1% during the 1st quarter. Tradewinds Capital Management LLC now owns 243 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 101 shares during the last quarter. Friedenthal Financial acquired a new stake in Texas Instruments during the 2nd quarter worth approximately $50,000. Finally, Baldwin Brothers LLC MA grew its stake in shares of Texas Instruments by 121.3% in the 2nd quarter. Baldwin Brothers LLC MA now owns 301 shares of the semiconductor company’s stock valued at $59,000 after purchasing an additional 165 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Texas Instruments

In other news, CAO Julie C. Knecht sold 7,764 shares of the firm’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $209.49, for a total transaction of $1,626,480.36. Following the completion of the sale, the chief accounting officer now directly owns 11,806 shares of the company’s stock, valued at $2,473,238.94. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Haviv Ilan sold 1,200 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were 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 of the company’s stock, valued at approximately $33,233,101.44. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Julie C. Knecht sold 7,764 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $209.49, for a total value of $1,626,480.36. Following the completion of the sale, the chief accounting officer now directly owns 11,806 shares in the company, valued at approximately $2,473,238.94. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,548 shares of company stock valued at $5,341,235 in the last 90 days. 0.68% of the stock is currently owned by corporate insiders.

Texas Instruments Stock Performance

Shares of NASDAQ TXN opened at $208.49 on Wednesday. Texas Instruments Incorporated has a 52-week low of $140.03 and a 52-week high of $214.66. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. The firm’s 50-day moving average price is $203.93 and its two-hundred day moving average price is $196.23. The stock has a market capitalization of $189.83 billion, a P/E ratio of 32.97, a P/E/G ratio of 4.52 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating 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 business had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.12 billion. During the same period last year, the firm posted $1.80 earnings per share. The business’s revenue was down 8.4% on a year-over-year basis. As a group, sell-side analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be given a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.61%. The ex-dividend date is Thursday, October 31st. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s dividend payout ratio (DPR) is 84.87%.

Wall Street Analyst Weigh In

TXN has been the subject of a number of analyst reports. Rosenblatt Securities restated a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Barclays cut their price target on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a report on Wednesday, October 23rd. Mizuho set a $200.00 price objective on Texas Instruments in a report on Friday, October 18th. Robert W. Baird cut their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Finally, The Goldman Sachs Group lifted their price target on Texas Instruments from $157.00 to $176.00 and gave the company a “sell” rating in a research note on Wednesday, July 24th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.