Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 23.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,435 shares of the semiconductor company’s stock after selling 3,544 shares during the period. J.W. Cole Advisors Inc.’s holdings in Texas Instruments were worth $2,225,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Gryphon Financial Partners LLC lifted its stake in Texas Instruments by 48.7% during the fourth quarter. Gryphon Financial Partners LLC now owns 5,711 shares of the semiconductor company’s stock worth $982,000 after purchasing an additional 1,870 shares during the last quarter. Jump Financial LLC lifted its position in shares of Texas Instruments by 64.7% in the 4th quarter. Jump Financial LLC now owns 6,292 shares of the semiconductor company’s stock worth $1,073,000 after buying an additional 2,472 shares during the last quarter. Tortoise Investment Management LLC boosted its holdings in shares of Texas Instruments by 27.4% in the 4th quarter. Tortoise Investment Management LLC now owns 1,046 shares of the semiconductor company’s stock valued at $166,000 after buying an additional 225 shares during the period. Independent Advisor Alliance grew its position in shares of Texas Instruments by 27.9% during the 4th quarter. Independent Advisor Alliance now owns 27,813 shares of the semiconductor company’s stock valued at $4,673,000 after buying an additional 6,066 shares during the last quarter. Finally, Brown Advisory Inc. raised its stake in Texas Instruments by 0.4% during the fourth quarter. Brown Advisory Inc. now owns 67,880 shares of the semiconductor company’s stock worth $11,571,000 after acquiring an additional 240 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CAO Julie C. Knecht sold 7,764 shares of Texas Instruments stock in a transaction that occurred 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 transaction, the chief accounting officer now directly owns 11,806 shares of the company’s stock, valued at $2,473,238.94. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Texas Instruments news, VP Shanon J. Leonard sold 2,816 shares of Texas Instruments stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $208.91, for a total transaction of $588,290.56. Following the transaction, the vice president now owns 24,112 shares of the company’s stock, valued at approximately $5,037,237.92. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Julie C. Knecht sold 7,764 shares of the stock in a transaction that occurred on 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. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,558 shares of company stock worth $3,255,323. Company insiders own 0.68% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN opened at $199.93 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.62 and a quick ratio of 3.49. The firm’s 50 day moving average is $200.69 and its 200-day moving average is $188.81. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $214.66. The stock has a market capitalization of $182.55 billion, a P/E ratio of 31.19, a P/E/G ratio of 4.26 and a beta of 0.99.

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

Texas Instruments Announces Dividend

The business also recently declared 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 of this dividend was Wednesday, July 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.60%. Texas Instruments’s dividend payout ratio (DPR) is 81.12%.

Wall Street Analyst Weigh In

Several research firms have recently commented on TXN. Robert W. Baird upped their target price on Texas Instruments from $175.00 to $200.00 and gave the company a “neutral” rating in a report on Wednesday, July 24th. Susquehanna upped their price objective on Texas Instruments from $205.00 to $250.00 and gave the stock a “positive” rating in a research note on Wednesday, July 17th. Stifel Nicolaus raised their target price on Texas Instruments from $172.00 to $200.00 and gave the company a “hold” rating in a research note on Thursday, July 18th. Benchmark restated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Wednesday, July 24th. Finally, Morgan Stanley lifted their price objective on shares of Texas Instruments from $150.00 to $156.00 and gave the company an “underweight” rating in a research report on Thursday, July 11th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $204.67.

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.