Baltimore Washington Financial Advisors Inc. Has $14.05 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Baltimore Washington Financial Advisors Inc. lowered its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,015 shares of the semiconductor company’s stock after selling 912 shares during the quarter. Baltimore Washington Financial Advisors Inc.’s holdings in Texas Instruments were worth $14,050,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. MidAtlantic Capital Management Inc. bought a new stake in shares of Texas Instruments in the third quarter worth $28,000. Tsfg LLC lifted its position in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 82 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in Texas Instruments during the third quarter worth $39,000. McClarren Financial Advisors Inc. bought a new stake in Texas Instruments during the third quarter worth $43,000. Finally, Darwin Wealth Management LLC bought a new stake in Texas Instruments during the third quarter worth $45,000. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other news, CEO Haviv Ilan sold 1,200 shares of the business’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $209.44, for a total value of $251,328.00. Following the transaction, the chief executive officer now directly owns 158,676 shares of the company’s stock, valued at $33,233,101.44. The trade was a 0.75 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert E. Sanchez sold 9,990 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $208.80, for a total value of $2,085,912.00. Following the completion of the transaction, the director now directly owns 20,461 shares in the company, valued at $4,272,256.80. This represents a 32.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,968 shares of company stock worth $3,126,464. Insiders own 0.68% of the company’s stock.

Texas Instruments Trading Down 0.1 %

NASDAQ TXN opened at $198.00 on Friday. The business’s 50-day moving average price is $204.45 and its two-hundred day moving average price is $200.38. Texas Instruments Incorporated has a 12 month low of $151.27 and a 12 month high of $220.38. The firm has a market capitalization of $180.62 billion, a PE ratio of 36.80, a price-to-earnings-growth ratio of 4.33 and a beta of 0.99. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.09. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The firm had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same quarter in the previous year, the company posted $1.80 EPS. The business’s revenue was down 8.4% on a year-over-year basis. On average, analysts expect that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend was Thursday, October 31st. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s payout ratio is 101.12%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on TXN shares. Morgan Stanley upped their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Bank of America reduced their target price on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Evercore ISI upped their price target on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Finally, Barclays cut their price objective on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average price target of $210.05.

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.