Texas Instruments Incorporated (NASDAQ:TXN) Position Trimmed by Physicians Financial Services Inc.

Physicians Financial Services Inc. lowered its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 5.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,699 shares of the semiconductor company’s stock after selling 400 shares during the period. Physicians Financial Services Inc.’s holdings in Texas Instruments were worth $1,384,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Tsfg LLC increased 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 acquiring an additional 82 shares in the last quarter. McClarren Financial Advisors Inc. acquired a new position in Texas Instruments in the 3rd quarter worth approximately $43,000. Friedenthal Financial purchased a new position in Texas Instruments during the 2nd quarter worth approximately $50,000. Baldwin Brothers LLC MA raised its stake in Texas Instruments by 121.3% during the 2nd quarter. Baldwin Brothers LLC MA now owns 301 shares of the semiconductor company’s stock valued at $59,000 after purchasing an additional 165 shares during the period. Finally, Key Financial Inc lifted its holdings in shares of Texas Instruments by 46.9% in the second quarter. Key Financial Inc now owns 313 shares of the semiconductor company’s stock valued at $61,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments 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 owns 20,461 shares in the company, valued at $4,272,256.80. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, VP Mohammad Yunus sold 3,778 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $208.90, for a total transaction of $789,224.20. Following the completion of the transaction, the vice president now owns 28,894 shares in the company, valued at $6,035,956.60. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert E. Sanchez sold 9,990 shares of the business’s stock in a transaction on 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 sale, the director now directly owns 20,461 shares in the company, valued at approximately $4,272,256.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,548 shares of company stock valued at $5,341,235 over the last ninety days. 0.68% of the stock is owned by company insiders.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded up $1.09 during trading on Friday, reaching $218.63. The stock had a trading volume of 468,450 shares, compared to its average volume of 5,473,086. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. The stock has a fifty day simple moving average of $203.70 and a two-hundred day simple moving average of $197.75. The firm has a market capitalization of $199.44 billion, a price-to-earnings ratio of 40.43, a P/E/G ratio of 4.70 and a beta of 0.99. Texas Instruments Incorporated has a 52 week low of $143.08 and a 52 week high of $219.50.

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

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be issued a $1.36 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. The ex-dividend date is Thursday, October 31st. This represents a $5.44 annualized dividend and a yield of 2.49%. Texas Instruments’s dividend payout ratio is 101.12%.

Wall Street Analyst Weigh In

TXN has been the topic of a number of research analyst reports. Benchmark reiterated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a report on Wednesday, October 23rd. Susquehanna lowered their target price on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 21st. Deutsche Bank Aktiengesellschaft increased their price target on shares of Texas Instruments from $160.00 to $185.00 and gave the stock a “hold” rating in a research report on Wednesday, July 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Finally, Stifel Nicolaus upped their price objective on shares of Texas Instruments from $172.00 to $200.00 and gave the company a “hold” rating in a research note on Thursday, July 18th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $206.95.

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.