Texas Instruments Incorporated $TXN Shares Acquired by LGT Financial Advisors LLC

LGT Financial Advisors LLC increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 328.9% in the second quarter, HoldingsChannel.com reports. The firm owned 193 shares of the semiconductor company’s stock after acquiring an additional 148 shares during the quarter. LGT Financial Advisors LLC’s holdings in Texas Instruments were worth $40,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TXN. Kestra Private Wealth Services LLC increased its holdings in shares of Texas Instruments by 10.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company’s stock valued at $11,462,000 after acquiring an additional 6,267 shares during the last quarter. Independent Advisor Alliance increased its stake in Texas Instruments by 4.8% in the first quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company’s stock valued at $4,795,000 after purchasing an additional 1,232 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC acquired a new stake in Texas Instruments during the second quarter worth approximately $326,000. Farther Finance Advisors LLC lifted its position in shares of Texas Instruments by 34.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 16,363 shares of the semiconductor company’s stock worth $3,397,000 after buying an additional 4,191 shares during the last quarter. Finally, Generate Investment Management Ltd boosted its holdings in shares of Texas Instruments by 40.0% in the 2nd quarter. Generate Investment Management Ltd now owns 87,796 shares of the semiconductor company’s stock valued at $18,228,000 after buying an additional 25,105 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TXN shares. Benchmark reaffirmed a “buy” rating and issued a $220.00 target price on shares of Texas Instruments in a research report on Monday, September 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Texas Instruments in a research report on Wednesday, October 8th. The Goldman Sachs Group started coverage on Texas Instruments in a research report on Thursday, July 10th. They issued a “buy” rating and a $255.00 target price for the company. UBS Group set a $255.00 price target on Texas Instruments in a research note on Tuesday, July 22nd. Finally, Citigroup reduced their price objective on Texas Instruments from $260.00 to $235.00 and set a “buy” rating for the company in a research note on Thursday, October 16th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twelve have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $209.47.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the company’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $205.35, for a total transaction of $308,025.00. Following the completion of the transaction, the vice president owned 38,883 shares in the company, valued at approximately $7,984,624.05. This represents a 3.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.57% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN stock opened at $179.59 on Tuesday. The stock’s 50-day moving average price is $187.17 and its 200 day moving average price is $185.96. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $163.27 billion, a PE ratio of 32.89, a price-to-earnings-growth ratio of 2.99 and a beta of 1.01. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.09. The company had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The company’s revenue was up 16.4% on a year-over-year basis. During the same period last year, the business posted $1.17 EPS. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be given a $1.42 dividend. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.36. The ex-dividend date is Friday, October 31st. This represents a $5.68 dividend on an annualized basis and a yield of 3.2%. Texas Instruments’s payout ratio is 99.63%.

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.