Financial Partners Group LLC Purchases 614 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Financial Partners Group LLC increased its position in Texas Instruments Incorporated (NASDAQ:TXN) by 4.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,501 shares of the semiconductor company’s stock after acquiring an additional 614 shares during the quarter. Financial Partners Group LLC’s holdings in Texas Instruments were worth $2,352,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of TXN. Tennessee Valley Asset Management Partners bought a new stake in Texas Instruments during the fourth quarter valued at approximately $25,000. Life Planning Partners Inc bought a new stake in Texas Instruments during the fourth quarter valued at approximately $26,000. Richardson Financial Services Inc. bought a new stake in Texas Instruments during the fourth quarter valued at approximately $26,000. Scarborough Advisors LLC bought a new stake in Texas Instruments during the fourth quarter valued at approximately $26,000. Finally, Pacific Capital Wealth Advisors Inc. bought a new stake in Texas Instruments during the fourth quarter valued at approximately $31,000. 84.99% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TXN has been the subject of a number of recent research reports. Evercore ISI boosted their price objective on shares of Texas Instruments from $213.00 to $225.00 and gave the stock an “outperform” rating in a report on Wednesday, April 24th. Oppenheimer reissued a “market perform” rating on shares of Texas Instruments in a research note on Wednesday, April 24th. Stifel Nicolaus raised their price objective on Texas Instruments from $160.00 to $172.00 and gave the company a “hold” rating in a research note on Wednesday, April 24th. The Goldman Sachs Group lifted their price objective on Texas Instruments from $137.00 to $157.00 and gave the stock a “sell” rating in a report on Wednesday, April 24th. Finally, Citigroup increased their target price on Texas Instruments from $167.00 to $185.00 and gave the company a “neutral” rating in a report on Monday, May 13th. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and an average price target of $183.43.

Texas Instruments Trading Up 0.6 %

Shares of NASDAQ:TXN traded up $1.10 on Friday, hitting $194.53. The company had a trading volume of 8,860,990 shares, compared to its average volume of 4,647,702. The firm’s 50-day simple moving average is $190.26 and its two-hundred day simple moving average is $175.38. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $206.00. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $177.12 billion, a price-to-earnings ratio of 30.35, a P/E/G ratio of 4.21 and a beta of 1.00.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, topping 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 firm had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $3.61 billion. During the same period last year, the company posted $1.85 EPS. The company’s quarterly revenue was down 16.4% compared to the same quarter last year. Equities analysts anticipate that Texas Instruments Incorporated will post 5.13 earnings per share 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 given a $1.30 dividend. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $5.20 annualized dividend and a dividend yield of 2.67%. Texas Instruments’s dividend payout ratio is 81.12%.

Insider Transactions at Texas Instruments

In related news, Chairman Richard K. Templeton sold 100,440 shares of the stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $178.47, for a total value of $17,925,526.80. Following the completion of the transaction, the chairman now directly owns 403,851 shares in the company, valued at approximately $72,075,287.97. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Chairman Richard K. Templeton sold 100,440 shares of the stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $178.47, for a total value of $17,925,526.80. Following the completion of the transaction, the chairman now directly owns 403,851 shares in the company, valued at approximately $72,075,287.97. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Pamela H. Patsley sold 9,990 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the completion of the transaction, the director now owns 33,348 shares of the company’s stock, valued at $5,973,293.76. The disclosure for this sale can be found here. In the last ninety days, insiders sold 328,969 shares of company stock valued at $58,427,984. Company insiders own 0.68% of the company’s stock.

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.