Texas Instruments Incorporated (NASDAQ:TXN) Stake Trimmed by Beaton Management Co. Inc.

Beaton Management Co. Inc. cut its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 6.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,415 shares of the semiconductor company’s stock after selling 100 shares during the quarter. Beaton Management Co. Inc.’s holdings in Texas Instruments were worth $275,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Gryphon Financial Partners LLC raised its position in Texas Instruments by 48.7% during the fourth quarter. Gryphon Financial Partners LLC now owns 5,711 shares of the semiconductor company’s stock valued at $982,000 after buying an additional 1,870 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Texas Instruments by 5.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,613 shares of the semiconductor company’s stock valued at $445,000 after purchasing an additional 144 shares during the period. Sand Hill Global Advisors LLC lifted its position in shares of Texas Instruments by 4.8% in the fourth quarter. Sand Hill Global Advisors LLC now owns 1,533 shares of the semiconductor company’s stock worth $261,000 after purchasing an additional 70 shares in the last quarter. Union Savings Bank boosted its holdings in shares of Texas Instruments by 12.8% during the fourth quarter. Union Savings Bank now owns 660 shares of the semiconductor company’s stock worth $113,000 after purchasing an additional 75 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Texas Instruments by 42.8% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,535 shares of the semiconductor company’s stock worth $262,000 after purchasing an additional 460 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on TXN shares. Susquehanna increased their target price on shares of Texas Instruments from $205.00 to $250.00 and gave the stock a “positive” rating in a research report on Wednesday, July 17th. Robert W. Baird increased their price objective on Texas Instruments from $175.00 to $200.00 and gave the stock a “neutral” rating in a report on Wednesday, July 24th. Morgan Stanley lifted their price objective on Texas Instruments from $150.00 to $156.00 and gave the company an “underweight” rating in a research report on Thursday, July 11th. Barclays upped their target price on Texas Instruments from $190.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 24th. Finally, JPMorgan Chase & Co. boosted their price target on Texas Instruments from $195.00 to $230.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Texas Instruments has an average rating of “Hold” and an average price target of $204.67.

Insider Activity at Texas Instruments

In other news, CEO Haviv Ilan sold 1,200 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $209.44, for a total transaction of $251,328.00. Following the sale, the chief executive officer now directly owns 158,676 shares in the company, valued at $33,233,101.44. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Texas Instruments news, CEO Haviv Ilan sold 1,200 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $209.44, for a total transaction of $251,328.00. Following the completion of the transaction, the chief executive officer now owns 158,676 shares in the company, valued at $33,233,101.44. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 value 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. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,558 shares of company stock worth $3,255,323. Company insiders own 0.68% of the company’s stock.

Texas Instruments Stock Up 3.4 %

Texas Instruments stock opened at $207.60 on Friday. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $214.66. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.62 and a quick ratio of 3.49. The firm has a market cap of $189.55 billion, a price-to-earnings ratio of 32.39, a P/E/G ratio of 4.31 and a beta of 0.99. The firm has a fifty day moving average price of $200.75 and a two-hundred day moving average price of $189.63.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results 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 company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.82 billion. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The company’s revenue for the quarter was down 15.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.87 EPS. As a group, analysts forecast that Texas Instruments Incorporated will post 5.11 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Wednesday, July 31st were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.50%. The ex-dividend date was Wednesday, July 31st. Texas Instruments’s payout ratio is presently 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.