Brighton Jones LLC Purchases 264 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Brighton Jones LLC lifted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 2.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 13,236 shares of the semiconductor company’s stock after acquiring an additional 264 shares during the period. Brighton Jones LLC’s holdings in Texas Instruments were worth $2,575,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Richardson Financial Services Inc. bought a new stake in shares of Texas Instruments in the 4th quarter worth about $26,000. Scarborough Advisors LLC bought a new stake in shares of Texas Instruments in the 4th quarter worth about $26,000. Westend Capital Management LLC bought a new stake in shares of Texas Instruments in the 1st quarter worth about $31,000. Norwood Financial Corp bought a new stake in shares of Texas Instruments in the 1st quarter worth about $32,000. Finally, Fortis Group Advisors LLC lifted its holdings in shares of Texas Instruments by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 196 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 98 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on TXN. Stifel Nicolaus raised their target price on shares of Texas Instruments from $172.00 to $200.00 and gave the stock a “hold” rating in a report on Thursday, July 18th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Texas Instruments from $160.00 to $185.00 and gave the company a “hold” rating in a report on Wednesday, July 24th. Rosenblatt Securities lifted their price objective on shares of Texas Instruments from $210.00 to $250.00 and gave the company a “buy” rating in a report on Monday, July 22nd. KeyCorp lifted their price objective on shares of Texas Instruments from $200.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, July 24th. Finally, Barclays lifted their price objective on shares of Texas Instruments from $190.00 to $210.00 and gave the company an “equal weight” rating in a report on Wednesday, July 24th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $204.67.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, VP Shanon J. Leonard sold 2,816 shares of the company’s stock in a transaction that occurred 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 owns 24,112 shares in the company, valued at approximately $5,037,237.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Texas Instruments news, VP Mohammad Yunus sold 3,778 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $208.90, for a total transaction of $789,224.20. Following the transaction, the vice president now owns 28,894 shares in the company, valued at approximately $6,035,956.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Shanon J. Leonard sold 2,816 shares of the stock in a transaction 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 approximately $5,037,237.92. 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. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Trading Up 3.4 %

NASDAQ TXN opened at $207.60 on Friday. The company has a quick ratio of 3.49, a current ratio of 4.62 and a debt-to-equity ratio of 0.75. The firm has a market cap of $189.55 billion, a PE ratio of 32.39, a price-to-earnings-growth ratio of 4.31 and a beta of 0.99. The company has a 50 day moving average price of $200.75 and a 200 day moving average price of $189.63. Texas Instruments Incorporated has a 52 week low of $139.48 and a 52 week high of $214.66.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, July 23rd. The semiconductor company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.16 by $0.06. The firm had revenue of $3.82 billion during the quarter, compared to analyst estimates of $3.82 billion. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. Texas Instruments’s revenue was down 15.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.87 EPS. As a group, sell-side analysts forecast 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. Shareholders of record on Wednesday, July 31st were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, July 31st. This represents a $5.20 dividend on an annualized basis and a yield of 2.50%. Texas Instruments’s payout ratio is 81.12%.

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.