Boston Family Office LLC maintained its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,700 shares of the semiconductor company’s stock at the close of the second quarter. Boston Family Office LLC’s holdings in Texas Instruments were worth $285,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in TXN. BlackRock Inc. grew its stake in shares of Texas Instruments by 1,924.6% in the 1st quarter. BlackRock Inc. now owns 64,718,640 shares of the semiconductor company’s stock worth $5,213,733,000 after purchasing an additional 61,521,990 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Texas Instruments by 4.7% in the 1st quarter. Vanguard Group Inc. now owns 79,646,537 shares of the semiconductor company’s stock worth $6,416,325,000 after purchasing an additional 3,551,400 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Texas Instruments by 252.0% in the 1st quarter. American Century Companies Inc. now owns 3,346,324 shares of the semiconductor company’s stock worth $269,580,000 after purchasing an additional 2,395,581 shares during the last quarter. Waddell & Reed Financial Inc. grew its stake in shares of Texas Instruments by 476.4% in the 1st quarter. Waddell & Reed Financial Inc. now owns 1,988,640 shares of the semiconductor company’s stock worth $160,205,000 after purchasing an additional 1,643,640 shares during the last quarter. Finally, Henderson Group PLC grew its stake in shares of Texas Instruments by 1,054.2% in the 1st quarter. Henderson Group PLC now owns 1,498,951 shares of the semiconductor company’s stock worth $120,763,000 after purchasing an additional 1,369,077 shares during the last quarter. 83.68% of the stock is currently owned by hedge funds and other institutional investors.

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In other Texas Instruments news, insider Kevin J. Ritchie sold 105,396 shares of the company’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $81.91, for a total transaction of $8,632,986.36. Following the completion of the transaction, the insider now owns 252,257 shares of the company’s stock, valued at approximately $20,662,370.87. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Ellen Barker sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $81.87, for a total value of $1,228,050.00. Following the transaction, the insider now directly owns 45,697 shares of the company’s stock, valued at approximately $3,741,213.39. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 211,301 shares of company stock valued at $17,259,256. Insiders own 0.96% of the company’s stock.

Several equities analysts have recently issued reports on TXN shares. Zacks Investment Research raised shares of Texas Instruments from a “sell” rating to a “hold” rating in a research note on Monday, July 17th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $83.00 price objective (up previously from $78.00) on shares of Texas Instruments in a research note on Wednesday, July 26th. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $86.00 price objective (up previously from $84.00) on shares of Texas Instruments in a research note on Wednesday, July 26th. Cowen and Company reaffirmed a “market perform” rating and issued a $85.00 price objective (up previously from $82.00) on shares of Texas Instruments in a research note on Wednesday, July 26th. Finally, Barclays PLC lifted their price objective on shares of Texas Instruments from $77.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $86.18.

Texas Instruments Incorporated (NASDAQ:TXN) opened at 86.05 on Friday. Texas Instruments Incorporated has a 12 month low of $66.80 and a 12 month high of $87.24. The company’s 50-day moving average is $82.00 and its 200 day moving average is $80.72. The company has a market cap of $85.19 billion, a price-to-earnings ratio of 21.52 and a beta of 1.20.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, July 25th. The semiconductor company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.07. Texas Instruments had a return on equity of 36.52% and a net margin of 28.68%. The firm had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter in the prior year, the firm posted $0.76 EPS. The business’s revenue was up 12.8% on a year-over-year basis. Equities analysts forecast that Texas Instruments Incorporated will post $4.13 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, November 13th. Shareholders of record on Tuesday, October 31st will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.88%. This is an increase from Texas Instruments’s previous quarterly dividend of $0.50. Texas Instruments’s dividend payout ratio is 50.51%.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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