Beacon Investment Advisory Services Inc. Has $1.45 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Beacon Investment Advisory Services Inc. decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 7.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,752 shares of the semiconductor company’s stock after selling 617 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in Texas Instruments were worth $1,454,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. MidAtlantic Capital Management Inc. acquired a new stake in Texas Instruments in the 3rd quarter worth about $28,000. Retirement Wealth Solutions LLC bought a new position in shares of Texas Instruments during the fourth quarter worth approximately $27,000. Tsfg LLC raised 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 valued at $38,000 after buying an additional 82 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Texas Instruments in the third quarter valued at approximately $39,000. Finally, FSA Wealth Management LLC acquired a new stake in Texas Instruments during the third quarter worth approximately $41,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling

In related news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, the director now owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert E. Sanchez sold 9,990 shares of the company’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the sale, the director now directly owns 20,461 shares in the company, valued at $4,272,256.80. This trade represents a 32.81 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $197.05 on Thursday. The stock’s 50-day moving average is $193.80 and its 200-day moving average is $199.56. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The stock has a market cap of $179.75 billion, a P/E ratio of 36.63, a price-to-earnings-growth ratio of 3.80 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.09. The firm had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The company’s revenue was down 8.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.80 EPS. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be issued a $1.36 dividend. The ex-dividend date is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.76%. Texas Instruments’s payout ratio is 101.12%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TXN. Susquehanna cut their target price on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research report on Monday, October 21st. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Mizuho set a $200.00 price objective on shares of Texas Instruments in a research note on Friday, October 18th. Barclays dropped their target price 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. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $210.45.

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.