Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXNGet Rating) by 0.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 564,249 shares of the semiconductor company’s stock after acquiring an additional 1,042 shares during the period. Chevy Chase Trust Holdings LLC owned about 0.06% of Texas Instruments worth $87,334,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Curi Wealth Management LLC raised its position in shares of Texas Instruments by 10.0% in the second quarter. Curi Wealth Management LLC now owns 618 shares of the semiconductor company’s stock valued at $95,000 after buying an additional 56 shares during the last quarter. Visionary Wealth Advisors boosted its stake in shares of Texas Instruments by 0.6% in the second quarter. Visionary Wealth Advisors now owns 9,191 shares of the semiconductor company’s stock valued at $1,412,000 after purchasing an additional 57 shares during the period. Strengthening Families & Communities LLC lifted its stake in Texas Instruments by 3.1% in the second quarter. Strengthening Families & Communities LLC now owns 1,970 shares of the semiconductor company’s stock worth $359,000 after acquiring an additional 60 shares during the last quarter. Schubert & Co increased its holdings in shares of Texas Instruments by 5.5% in the 2nd quarter. Schubert & Co now owns 1,156 shares of the semiconductor company’s stock valued at $178,000 after acquiring an additional 60 shares during the period. Finally, Strategic Family Wealth Counselors L.L.C. increased its holdings in shares of Texas Instruments by 4.0% in the 2nd quarter. Strategic Family Wealth Counselors L.L.C. now owns 1,560 shares of the semiconductor company’s stock valued at $240,000 after acquiring an additional 60 shares during the period. 83.12% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Down 0.6 %

Shares of Texas Instruments stock opened at $176.00 on Wednesday. The stock has a market capitalization of $159.73 billion, a P/E ratio of 18.56, a PEG ratio of 2.41 and a beta of 1.02. The company has a quick ratio of 4.06, a current ratio of 4.92 and a debt-to-equity ratio of 0.51. The stock has a 50 day moving average price of $172.92 and a two-hundred day moving average price of $168.62. Texas Instruments Incorporated has a 12-month low of $144.46 and a 12-month high of $191.34.

Texas Instruments (NASDAQ:TXNGet Rating) last announced its earnings results on Tuesday, October 25th. The semiconductor company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.37 by $0.08. The firm had revenue of $5.24 billion during the quarter, compared to analysts’ expectations of $5.10 billion. Texas Instruments had a return on equity of 63.68% and a net margin of 44.21%. Equities analysts expect that Texas Instruments Incorporated will post 9.23 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 14th. Stockholders of record on Tuesday, January 31st will be issued a dividend of $1.24 per share. The ex-dividend date of this dividend is Monday, January 30th. This represents a $4.96 dividend on an annualized basis and a dividend yield of 2.82%. Texas Instruments’s dividend payout ratio (DPR) is presently 51.99%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on TXN shares. Benchmark boosted their price objective on shares of Texas Instruments from $189.00 to $203.00 in a research report on Wednesday. Sanford C. Bernstein decreased their price target on Texas Instruments to $145.00 in a report on Thursday, October 27th. Credit Suisse Group cut Texas Instruments from an “outperform” rating to a “neutral” rating and increased their target price for the company from $185.00 to $205.00 in a research note on Wednesday, November 16th. Morgan Stanley reduced their price objective on Texas Instruments from $160.00 to $152.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 26th. Finally, Oppenheimer reduced their price objective on Texas Instruments from $200.00 to $185.00 and set an “outperform” rating on the stock in a research note on Friday, October 21st. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $179.63.

Insider Transactions at Texas Instruments

In other news, VP Ahmad Bahai sold 1,109 shares of the company’s stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $180.01, for a total transaction of $199,631.09. Following the completion of the transaction, the vice president now directly owns 27,306 shares in the company, valued at $4,915,353.06. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, Director Janet F. Clark sold 9,990 shares of the company’s stock in a transaction on Wednesday, November 16th. The stock was sold at an average price of $175.16, for a total value of $1,749,848.40. Following the completion of the transaction, the director now directly owns 8,942 shares in the company, valued at $1,566,280.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Ahmad Bahai sold 1,109 shares of the company’s stock in a transaction on Friday, November 11th. The shares were sold at an average price of $180.01, for a total value of $199,631.09. Following the completion of the transaction, the vice president now owns 27,306 shares of the company’s stock, valued at $4,915,353.06. The disclosure for this sale can be found here. Corporate insiders own 0.54% of the company’s stock.

About Texas Instruments

(Get Rating)

Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. It operates through the following segments: Analog and Embedded Processing.

Recommended Stories

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

Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.