4,931 Shares in Texas Instruments Incorporated $TXN Bought by M Holdings Securities Inc.

M Holdings Securities Inc. acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,931 shares of the semiconductor company’s stock, valued at approximately $1,429,000.

A number of other hedge funds have also modified their holdings of the business. BlackRock Inc. acquired a new position in shares of Texas Instruments in the 2nd quarter valued at $24,607,313,000. Bank of New York Mellon Corp boosted its stake in Texas Instruments by 33.6% during the 1st quarter. Bank of New York Mellon Corp now owns 16,402,834 shares of the semiconductor company’s stock worth $3,184,446,000 after purchasing an additional 4,129,601 shares during the period. Bank of America Corp DE purchased a new position in shares of Texas Instruments during the second quarter worth about $3,700,842,000. Van ECK Associates Corp increased its position in Texas Instruments by 1.5% in the 2nd quarter. Van ECK Associates Corp now owns 12,149,167 shares of the semiconductor company’s stock valued at $3,621,302,000 after acquiring an additional 177,511 shares during the period. Finally, Amundi increased its position in Texas Instruments by 9.0% in the 1st quarter. Amundi now owns 9,064,214 shares of the semiconductor company’s stock valued at $1,759,727,000 after acquiring an additional 752,139 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the company. DZ Bank raised Texas Instruments from a “sell” rating to a “hold” rating and set a $300.00 price objective for the company in a research note on Wednesday, October 28th. Robert W. Baird lifted their target price on Texas Instruments from $300.00 to $385.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Stifel Nicolaus boosted their target price on Texas Instruments from $360.00 to $370.00 and gave the company a “buy” rating in a report on Thursday, October 22nd. Zacks Research upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 22nd. Finally, Sanford C. Bernstein upped their price target on Texas Instruments from $250.00 to $290.00 and gave the stock a “market perform” rating in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $315.37.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Pamela Patsley sold 4,532 shares of the firm’s stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $301.56, for a total value of $1,366,669.92. Following the completion of the sale, the director owned 34,487 shares of the company’s stock, valued at approximately $10,399,899.72. This trade represents a 11.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Janet Clark sold 4,306 shares of the business’s stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $302.46, for a total transaction of $1,302,392.76. Following the sale, the director owned 11,341 shares in the company, valued at $3,430,198.86. The trade was a 27.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 27,968 shares of company stock valued at $8,236,892 in the last three months. Insiders own 0.60% of the company’s stock.

Texas Instruments Stock Performance

NASDAQ TXN opened at $295.73 on Tuesday. The stock has a market capitalization of $270.23 billion, a price-to-earnings ratio of 38.36, a PEG ratio of 1.54 and a beta of 1.39. The business’s 50 day moving average is $279.80 and its two-hundred day moving average is $261.92. Texas Instruments Incorporated has a 12-month low of $152.73 and a 12-month high of $334.03. The company has a current ratio of 5.59, a quick ratio of 4.05 and a debt-to-equity ratio of 0.67.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, beating the consensus estimate of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.94 billion. During the same period last year, the firm earned $1.48 EPS. The company’s quarterly revenue was up 27.7% compared to the same quarter last year. Research analysts expect that Texas Instruments Incorporated will post 8.97 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be given a $1.52 dividend. The ex-dividend date is Friday, October 30th. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a yield of 2.1%. Texas Instruments’s dividend payout ratio (DPR) is currently 78.86%.

Texas Instruments Profile

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.