Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Kintegral Advisory LLC

Kintegral Advisory LLC boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 14.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,375 shares of the semiconductor company’s stock after buying an additional 5,618 shares during the period. Texas Instruments accounts for 0.8% of Kintegral Advisory LLC’s portfolio, making the stock its 25th biggest holding. Kintegral Advisory LLC’s holdings in Texas Instruments were worth $8,827,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in TXN. Richardson Financial Services Inc. bought a new stake in Texas Instruments in the fourth quarter worth about $26,000. Scarborough Advisors LLC bought a new stake in shares of Texas Instruments in the 4th quarter worth approximately $26,000. Westend Capital Management LLC acquired a new stake in Texas Instruments during the first quarter valued at approximately $31,000. Pacific Capital Wealth Advisors Inc. bought a new stake in Texas Instruments during the fourth quarter worth approximately $31,000. Finally, Norwood Financial Corp acquired a new position in Texas Instruments in the first quarter worth approximately $32,000. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Performance

TXN traded down $2.95 during midday trading on Wednesday, reaching $207.74. The company’s stock had a trading volume of 3,993,367 shares, compared to its average volume of 5,534,885. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $211.27. The stock has a market cap of $189.68 billion, a P/E ratio of 32.41, a PEG ratio of 4.43 and a beta of 0.99. The company has a fifty day simple moving average of $198.53 and a 200 day simple moving average of $185.15. The company has a current ratio of 4.62, a quick ratio of 3.49 and a debt-to-equity ratio of 0.75.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.06. The business had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.82 billion. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. Texas Instruments’s quarterly revenue was down 15.6% on a year-over-year basis. During the same quarter last year, the company posted $1.87 earnings per share. Research analysts expect that Texas Instruments Incorporated will post 5.11 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Wednesday, July 31st were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.50%. The ex-dividend date was Wednesday, July 31st. Texas Instruments’s payout ratio is presently 81.12%.

Insider Buying and Selling

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 $33,233,101.44. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Texas Instruments news, VP Shanon J. Leonard sold 2,816 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the transaction, the vice president now owns 24,112 shares in the company, valued at $5,037,237.92. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Haviv Ilan sold 1,200 shares of Texas Instruments stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $209.44, for a total value of $251,328.00. Following the sale, the chief executive officer now directly owns 158,676 shares in the company, valued at $33,233,101.44. The disclosure for this sale can be found here. Insiders have sold a total of 15,558 shares of company stock valued at $3,255,323 over the last three months. 0.68% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

TXN has been the subject of a number of recent analyst reports. Susquehanna increased their price target on Texas Instruments from $205.00 to $250.00 and gave the company a “positive” rating in a research report on Wednesday, July 17th. Rosenblatt Securities raised their price objective on shares of Texas Instruments from $210.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd. Wells Fargo & Company started coverage on Texas Instruments in a research report on Thursday, May 16th. They set an “underweight” rating and a $150.00 price target on the stock. Robert W. Baird raised their price objective on Texas Instruments from $175.00 to $200.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 24th. Finally, Benchmark reissued a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Wednesday, July 24th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $201.95.

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.