Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Increased by Benjamin Edwards Inc.

Benjamin Edwards Inc. raised its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 1.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,495 shares of the semiconductor company’s stock after acquiring an additional 113 shares during the period. Benjamin Edwards Inc.’s holdings in Texas Instruments were worth $1,652,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Benjamin F. Edwards & Company Inc. boosted its stake in Texas Instruments by 4.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 210,136 shares of the semiconductor company’s stock valued at $40,878,000 after acquiring an additional 9,067 shares during the period. Retirement Investment Advisors Inc. acquired a new position in Texas Instruments in the second quarter valued at approximately $1,412,000. Ieq Capital LLC boosted its stake in Texas Instruments by 13.1% in the second quarter. Ieq Capital LLC now owns 43,779 shares of the semiconductor company’s stock valued at $8,516,000 after acquiring an additional 5,072 shares during the period. Brighton Jones LLC boosted its stake in Texas Instruments by 2.0% in the second quarter. Brighton Jones LLC now owns 13,236 shares of the semiconductor company’s stock valued at $2,575,000 after acquiring an additional 264 shares during the period. Finally, Intech Investment Management LLC boosted its stake in Texas Instruments by 5.9% in the second quarter. Intech Investment Management LLC now owns 23,106 shares of the semiconductor company’s stock valued at $4,495,000 after acquiring an additional 1,289 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Price Performance

NASDAQ TXN opened at $207.60 on Friday. The stock has a market capitalization of $189.55 billion, a P/E ratio of 32.39, a P/E/G ratio of 4.31 and a beta of 0.99. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $214.66. The business’s fifty day moving average is $200.75 and its two-hundred day moving average is $189.63. The company has a debt-to-equity ratio of 0.75, a quick ratio of 3.49 and a current ratio of 4.62.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.06. The company had revenue of $3.82 billion for the quarter, compared to analysts’ expectations of $3.82 billion. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The firm’s revenue was down 15.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.87 earnings per share. On average, research analysts forecast that Texas Instruments Incorporated will post 5.11 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Wednesday, July 31st were issued a $1.30 dividend. The ex-dividend date was Wednesday, July 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.50%. Texas Instruments’s dividend payout ratio is currently 81.12%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, CAO Julie C. Knecht sold 7,764 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $209.49, for a total transaction of $1,626,480.36. Following the sale, the chief accounting officer now directly owns 11,806 shares of the company’s stock, valued at approximately $2,473,238.94. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, VP Shanon J. Leonard sold 2,816 shares of the business’s stock in a transaction 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 directly owns 24,112 shares in the company, valued at approximately $5,037,237.92. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Julie C. Knecht sold 7,764 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $209.49, for a total transaction of $1,626,480.36. Following the transaction, the chief accounting officer now owns 11,806 shares in the company, valued at $2,473,238.94. The disclosure for this sale can be found here. Insiders have sold a total of 15,558 shares of company stock valued at $3,255,323 in the last three months. 0.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on TXN. KeyCorp lifted their target price on Texas Instruments from $200.00 to $250.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Citigroup upgraded Texas Instruments from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $200.00 to $235.00 in a research report on Wednesday, August 21st. The Goldman Sachs Group boosted their price objective on Texas Instruments from $157.00 to $176.00 and gave the stock a “sell” rating in a research report on Wednesday, July 24th. Stifel Nicolaus boosted their price objective on Texas Instruments from $172.00 to $200.00 and gave the stock a “hold” rating in a research report on Thursday, July 18th. Finally, JPMorgan Chase & Co. boosted their price objective on Texas Instruments from $195.00 to $230.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 24th. Three equities research 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’s stock. According to data from MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus price target of $204.67.

Texas Instruments Company 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.