Aspiriant LLC Acquires 200 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Aspiriant LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 16.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,419 shares of the semiconductor company’s stock after acquiring an additional 200 shares during the quarter. Aspiriant LLC’s holdings in Texas Instruments were worth $293,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Trust Point Inc. raised its holdings in shares of Texas Instruments by 5.4% during the third quarter. Trust Point Inc. now owns 7,341 shares of the semiconductor company’s stock worth $1,516,000 after acquiring an additional 379 shares during the period. Aaron Wealth Advisors LLC raised its stake in shares of Texas Instruments by 10.1% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 6,228 shares of the semiconductor company’s stock valued at $1,287,000 after purchasing an additional 572 shares during the period. V Square Quantitative Management LLC lifted its holdings in shares of Texas Instruments by 11.8% in the third quarter. V Square Quantitative Management LLC now owns 20,349 shares of the semiconductor company’s stock valued at $4,203,000 after purchasing an additional 2,152 shares in the last quarter. Howard Capital Management Group LLC acquired a new position in shares of Texas Instruments during the third quarter worth about $202,000. Finally, Bleakley Financial Group LLC raised its position in Texas Instruments by 0.9% in the 3rd quarter. Bleakley Financial Group LLC now owns 17,923 shares of the semiconductor company’s stock valued at $3,702,000 after buying an additional 160 shares during 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, VP Shanon J. Leonard sold 2,816 shares of the company’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the sale, the vice president now directly owns 24,112 shares in the company, valued at $5,037,237.92. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Haviv Ilan sold 1,200 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $209.44, for a total transaction of $251,328.00. Following the completion of the transaction, the chief executive officer now directly owns 158,676 shares in the company, valued at $33,233,101.44. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Shanon J. Leonard sold 2,816 shares of the firm’s stock in a transaction that occurred on 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 sale, the vice president now owns 24,112 shares in the company, valued at $5,037,237.92. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,558 shares of company stock worth $3,255,323. Corporate insiders own 0.68% of the company’s stock.

Wall Street Analyst Weigh In

TXN has been the subject of several research reports. Susquehanna raised their price target on shares of Texas Instruments from $205.00 to $250.00 and gave the stock a “positive” rating in a research note on Wednesday, July 17th. The Goldman Sachs Group lifted their price target on shares of Texas Instruments from $157.00 to $176.00 and gave the company a “sell” rating in a research note on Wednesday, July 24th. Rosenblatt Securities restated a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research note on Monday, October 14th. Stifel Nicolaus lifted their target price on Texas Instruments from $172.00 to $200.00 and gave the company a “hold” rating in a research report on Thursday, July 18th. Finally, Benchmark reissued a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Wednesday, July 24th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Texas Instruments has an average rating of “Hold” and a consensus target price of $207.15.

Texas Instruments Stock Up 0.1 %

NASDAQ TXN opened at $198.47 on Friday. The company has a current ratio of 4.62, a quick ratio of 3.49 and a debt-to-equity ratio of 0.75. The company has a market cap of $180.70 billion, a price-to-earnings ratio of 30.96, a PEG ratio of 4.54 and a beta of 0.98. The company has a 50 day moving average of $203.30 and a 200-day moving average of $194.22. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $214.66.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. The firm had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.82 billion. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The company’s revenue was down 15.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.87 EPS. On average, equities research analysts expect that Texas Instruments Incorporated will post 5.11 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. Stockholders of record on Thursday, October 31st will be issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date is Thursday, October 31st. This is an increase from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s dividend payout ratio is 84.87%.

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.