Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. lifted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,316 shares of the semiconductor company’s stock after acquiring an additional 1,479 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Texas Instruments were worth $9,981,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Skandinaviska Enskilda Banken AB publ grew its stake in shares of Texas Instruments by 4.3% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 234,232 shares of the semiconductor company’s stock worth $45,535,000 after purchasing an additional 9,608 shares during the period. Nordea Investment Management AB grew its position in Texas Instruments by 16.9% during the first quarter. Nordea Investment Management AB now owns 1,005,547 shares of the semiconductor company’s stock worth $175,538,000 after buying an additional 145,328 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Texas Instruments by 60.2% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 174,310 shares of the semiconductor company’s stock valued at $33,909,000 after buying an additional 65,512 shares in the last quarter. Advisors Capital Management LLC increased its holdings in Texas Instruments by 185.7% in the first quarter. Advisors Capital Management LLC now owns 316,421 shares of the semiconductor company’s stock valued at $55,124,000 after buying an additional 205,676 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Texas Instruments by 454.5% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company’s stock valued at $244,386,000 after acquiring an additional 1,029,741 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, VP Shanon J. Leonard sold 2,816 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the sale, the vice president now owns 24,112 shares in the company, valued at $5,037,237.92. This trade 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 the SEC website. In other Texas Instruments news, VP Shanon J. Leonard sold 2,816 shares of the stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $208.91, for a total transaction of $588,290.56. Following the transaction, the vice president now directly owns 24,112 shares in the company, valued at $5,037,237.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Mohammad Yunus sold 3,778 shares of the business’s stock in a transaction dated 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 directly owns 28,894 shares of the company’s stock, valued at $6,035,956.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 15,558 shares of company stock valued at $3,255,323 in the last ninety days. Insiders own 0.68% of the company’s stock.

Texas Instruments Trading Up 0.2 %

Shares of TXN stock traded up $0.32 during mid-day trading on Friday, reaching $206.93. The company’s stock had a trading volume of 5,103,208 shares, compared to its average volume of 5,498,058. The company’s 50 day simple moving average is $203.65 and its 200-day simple moving average is $195.33. The firm has a market capitalization of $188.41 billion, a PE ratio of 32.28, a price-to-earnings-growth ratio of 4.22 and a beta of 0.98. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $214.66. 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 announced its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating the consensus estimate 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 company’s revenue was down 8.4% on a year-over-year basis. During the same period last year, the business posted $1.80 EPS. On average, research analysts predict that Texas Instruments Incorporated will post 5.11 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be paid a dividend of $1.36 per share. This is an increase from Texas Instruments’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $5.44 annualized dividend and a yield of 2.63%. Texas Instruments’s payout ratio is 84.87%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a report on Wednesday. Evercore ISI upped their price target on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a report on Wednesday. Citigroup raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $200.00 to $235.00 in a research note on Wednesday, August 21st. Barclays cut their price objective on Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, Morgan Stanley increased their target price on Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $206.95.

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.