Register Financial Advisors LLC Raises Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Register Financial Advisors LLC boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 52.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,401 shares of the semiconductor company’s stock after acquiring an additional 824 shares during the period. Register Financial Advisors LLC’s holdings in Texas Instruments were worth $418,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Tennessee Valley Asset Management Partners bought a new stake in Texas Instruments during the 4th quarter valued at about $25,000. Life Planning Partners Inc bought a new stake in Texas Instruments during the 4th quarter valued at about $26,000. Richardson Financial Services Inc. bought a new stake in Texas Instruments during the 4th quarter valued at about $26,000. Scarborough Advisors LLC bought a new stake in Texas Instruments during the 4th quarter valued at about $26,000. Finally, Pacific Capital Wealth Advisors Inc. bought a new stake in Texas Instruments during the 4th quarter valued at about $31,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Price Performance

NASDAQ:TXN traded up $1.10 during trading hours on Friday, hitting $194.53. 8,858,530 shares of the stock traded hands, compared to its average volume of 5,577,100. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $206.00. The company has a market cap of $177.12 billion, a price-to-earnings ratio of 30.35, a price-to-earnings-growth ratio of 4.18 and a beta of 1.00. The stock has a 50 day moving average price of $190.26 and a 200 day moving average price of $175.16.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The business had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.61 billion. During the same quarter in the previous year, the firm earned $1.85 earnings per share. The company’s revenue for the quarter was down 16.4% on a year-over-year basis. Sell-side analysts forecast that Texas Instruments Incorporated will post 5.13 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend was Tuesday, May 7th. Texas Instruments’s dividend payout ratio (DPR) is presently 81.12%.

Insider Transactions at Texas Instruments

In related news, Director Pamela H. Patsley sold 9,990 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $179.12, for a total value of $1,789,408.80. Following the sale, the director now owns 33,348 shares in the company, valued at $5,973,293.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Texas Instruments news, Chairman Richard K. Templeton sold 104,000 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $178.68, for a total transaction of $18,582,720.00. Following the transaction, the chairman now owns 403,851 shares in the company, valued at $72,160,096.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Pamela H. Patsley sold 9,990 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the transaction, the director now owns 33,348 shares in the company, valued at approximately $5,973,293.76. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 328,969 shares of company stock valued at $58,427,984. 0.68% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TXN has been the subject of a number of analyst reports. Susquehanna raised their price objective on shares of Texas Instruments from $200.00 to $205.00 and gave the company a “positive” rating in a research note on Wednesday, April 24th. Benchmark lifted their price target on shares of Texas Instruments from $210.00 to $230.00 and gave the stock a “buy” rating in a research note on Friday, June 21st. Mizuho lifted their price target on shares of Texas Instruments from $164.00 to $170.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 24th. Citigroup lifted their price target on shares of Texas Instruments from $167.00 to $185.00 and gave the stock a “neutral” rating in a research note on Monday, May 13th. Finally, Robert W. Baird lifted their price target on shares of Texas Instruments from $125.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $183.43.

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.