Signaturefd LLC Lowers Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Signaturefd LLC decreased its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 4.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 21,026 shares of the semiconductor company’s stock after selling 1,008 shares during the quarter. Signaturefd LLC’s holdings in Texas Instruments were worth $4,343,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in TXN. AdvisorNet Financial Inc grew its position in Texas Instruments by 58.6% in the 1st quarter. AdvisorNet Financial Inc now owns 1,718 shares of the semiconductor company’s stock valued at $299,000 after buying an additional 635 shares during the last quarter. Global Assets Advisory LLC purchased a new position in shares of Texas Instruments during the 1st quarter worth about $3,047,000. Community Bank of Raymore lifted its holdings in shares of Texas Instruments by 14.9% during the 1st quarter. Community Bank of Raymore now owns 8,875 shares of the semiconductor company’s stock worth $1,546,000 after acquiring an additional 1,150 shares during the period. New England Professional Planning Group Inc. acquired a new stake in Texas Instruments during the 1st quarter worth approximately $336,000. Finally, DLK Investment Management LLC grew its position in Texas Instruments by 12.3% in the first quarter. DLK Investment Management LLC now owns 13,675 shares of the semiconductor company’s stock valued at $2,382,000 after acquiring an additional 1,501 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling

In other Texas Instruments news, CEO Haviv Ilan sold 1,200 shares of Texas Instruments stock in a transaction that occurred on 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 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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 approximately $33,233,101.44. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Julie C. Knecht sold 7,764 shares of the business’s 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 owns 11,806 shares in the company, valued at approximately $2,473,238.94. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,558 shares of company stock worth $3,255,323. 0.68% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TXN. Susquehanna reduced their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Texas Instruments from $160.00 to $185.00 and gave the company a “hold” rating in a research note on Wednesday, July 24th. JPMorgan Chase & Co. lifted their price objective on shares of Texas Instruments from $195.00 to $230.00 and gave the company an “overweight” rating in a research note on Wednesday, July 24th. Evercore ISI lifted their target price on Texas Instruments from $255.00 to $268.00 and gave the stock an “outperform” rating in a report on Tuesday, August 20th. Finally, Morgan Stanley lifted their target price on Texas Instruments from $150.00 to $156.00 and gave the stock an “underweight” rating in a report on Thursday, July 11th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and a consensus target price of $206.65.

Texas Instruments Stock Down 1.2 %

Shares of Texas Instruments stock traded down $2.28 during trading on Tuesday, hitting $193.49. 2,338,878 shares of the stock traded hands, compared to its average volume of 5,429,242. The stock has a market cap of $176.67 billion, a P/E ratio of 33.99, a PEG ratio of 4.32 and a beta of 0.98. 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 Incorporated has a twelve month low of $139.48 and a twelve month high of $214.66. The company has a fifty day moving average price of $203.37 and a two-hundred day moving average price of $194.75.

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

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be issued a $1.36 dividend. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Thursday, October 31st. Texas Instruments’s payout ratio is 90.28%.

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.