Capital Advisors Ltd. LLC Sells 54 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Capital Advisors Ltd. LLC trimmed its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 3,209 shares of the semiconductor company’s stock after selling 54 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Texas Instruments were worth $663,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of TXN. Cornerstone Wealth Group LLC purchased a new position in shares of Texas Instruments in the first quarter worth $254,000. Trilogy Capital Inc. bought a new stake in Texas Instruments in the 1st quarter worth $2,735,000. Aviance Capital Partners LLC bought a new stake in Texas Instruments in the 1st quarter worth $227,000. Miracle Mile Advisors LLC raised its stake in shares of Texas Instruments by 5.0% during the first quarter. Miracle Mile Advisors LLC now owns 8,056 shares of the semiconductor company’s stock valued at $1,403,000 after acquiring an additional 386 shares during the last quarter. Finally, Claro Advisors LLC boosted its holdings in shares of Texas Instruments by 10.4% during the first quarter. Claro Advisors LLC now owns 2,125 shares of the semiconductor company’s stock worth $370,000 after purchasing an additional 201 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TXN has been the topic of a number of research analyst reports. Rosenblatt Securities restated a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a report on Wednesday. The Goldman Sachs Group upped their target price on Texas Instruments from $157.00 to $176.00 and gave the company a “sell” rating in a report on Wednesday, July 24th. JPMorgan Chase & Co. boosted their price objective on shares of Texas Instruments from $195.00 to $230.00 and gave the company an “overweight” rating in a research report on Wednesday, July 24th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Texas Instruments from $160.00 to $185.00 and gave the stock a “hold” rating in a research report on Wednesday, July 24th. Finally, Benchmark reiterated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Wednesday. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $206.95.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $206.93 on Friday. The business has a fifty day moving average price of $203.65 and a 200-day moving average price of $195.48. 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 company has a market capitalization of $188.41 billion, a PE ratio of 32.28, a PEG ratio of 4.22 and a beta of 0.98. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $214.66.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.09. Texas Instruments had a net margin of 31.60% and a return on equity of 29.15%. The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. During the same period last year, the business earned $1.80 EPS. Texas Instruments’s revenue was down 8.4% compared to the same quarter last year. As a group, equities 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. Investors of record on Thursday, October 31st will be given a dividend of $1.36 per share. The ex-dividend date of this dividend is Thursday, October 31st. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a dividend yield of 2.63%. Texas Instruments’s dividend payout ratio (DPR) is 84.87%.

Insider Buying and Selling

In other 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 completion of the sale, the chief accounting officer now owns 11,806 shares of the company’s stock, valued at $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 is available at this link. In other news, VP Shanon J. Leonard sold 2,816 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $208.91, for a total value of $588,290.56. Following the completion of the transaction, the vice president now owns 24,112 shares of the company’s stock, valued at $5,037,237.92. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Julie C. Knecht sold 7,764 shares of Texas Instruments stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $209.49, for a total value of $1,626,480.36. Following the sale, the chief accounting officer now directly owns 11,806 shares in the company, valued at $2,473,238.94. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,558 shares of company stock worth $3,255,323. 0.68% of the stock is owned by insiders.

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.