Schubert & Co Makes New $201,000 Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Schubert & Co acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 971 shares of the semiconductor company’s stock, valued at approximately $201,000.

A number of other institutional investors have also modified their holdings of TXN. Slow Capital Inc. lifted its position in Texas Instruments by 2.8% during the third quarter. Slow Capital Inc. now owns 18,576 shares of the semiconductor company’s stock valued at $3,837,000 after buying an additional 499 shares in the last quarter. NovaPoint Capital LLC lifted its holdings in shares of Texas Instruments by 1.1% during the 3rd quarter. NovaPoint Capital LLC now owns 23,476 shares of the semiconductor company’s stock valued at $4,849,000 after acquiring an additional 257 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Texas Instruments by 13.4% during the 3rd quarter. Blue Trust Inc. now owns 17,626 shares of the semiconductor company’s stock valued at $3,429,000 after acquiring an additional 2,082 shares in the last quarter. Dixon Mitchell Investment Counsel Inc. boosted its position in Texas Instruments by 0.6% during the 3rd quarter. Dixon Mitchell Investment Counsel Inc. now owns 250,422 shares of the semiconductor company’s stock worth $51,730,000 after purchasing an additional 1,558 shares during the period. Finally, IFG Advisors LLC acquired a new stake in Texas Instruments in the 3rd quarter valued at $210,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling

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 stock was sold at an average price of $209.49, for a total transaction of $1,626,480.36. Following the completion of the transaction, the chief accounting officer now owns 11,806 shares in the company, valued at approximately $2,473,238.94. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Texas Instruments news, CAO Julie C. Knecht sold 7,764 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $2,473,238.94. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Mohammad Yunus sold 3,778 shares of the 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 completion of the transaction, the vice president now owns 28,894 shares of the company’s stock, valued at $6,035,956.60. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 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 corporate insiders.

Texas Instruments Stock Performance

NASDAQ:TXN traded up $0.17 during midday trading on Friday, reaching $198.47. 4,029,545 shares of the company traded hands, compared to its average volume of 5,446,918. The firm has a market capitalization of $180.70 billion, a price-to-earnings ratio of 30.96, a price-to-earnings-growth ratio of 4.54 and a beta of 0.98. The company has a fifty day moving average price of $203.30 and a 200 day moving average price of $194.22. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.62 and a quick ratio of 3.49. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $214.66.

Texas Instruments (NASDAQ:TXN) last announced 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 during the quarter, compared to the consensus estimate of $3.82 billion. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. The company’s revenue for the quarter was down 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.87 earnings per share. On average, analysts expect that Texas Instruments Incorporated will post 5.11 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be given a dividend of $1.36 per share. The ex-dividend date is Thursday, October 31st. This is an increase from Texas Instruments’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a dividend yield of 2.74%. Texas Instruments’s payout ratio is currently 84.87%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on TXN shares. Citigroup upgraded Texas Instruments from a “neutral” rating to a “buy” rating and increased their target price for the company from $200.00 to $235.00 in a research note on Wednesday, August 21st. Jefferies Financial Group lifted their price objective on shares of Texas Instruments from $175.00 to $185.00 and gave the company a “hold” rating in a research note on Wednesday, July 24th. Barclays raised their target price on Texas Instruments from $190.00 to $210.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 24th. KeyCorp boosted their price target on Texas Instruments from $200.00 to $250.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 24th. Finally, Robert W. Baird increased their price target on Texas Instruments from $175.00 to $200.00 and gave the company a “neutral” rating in a report on Wednesday, July 24th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Texas Instruments currently has a consensus rating of “Hold” and an average price target of $207.15.

About Texas Instruments

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.