6,128 Texas Instruments Incorporated $TXN Shares Purchased by Bryn Mawr Trust Advisors LLC

Bryn Mawr Trust Advisors LLC raised its position in Texas Instruments Incorporated (NASDAQ:TXN) by 124.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 11,064 shares of the semiconductor company’s stock after purchasing an additional 6,128 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Texas Instruments were worth $3,099,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of TXN. University of Texas Texas AM Investment Management Co. lifted its position in shares of Texas Instruments by 47.7% during the third quarter. University of Texas Texas AM Investment Management Co. now owns 79,729 shares of the semiconductor company’s stock worth $22,331,000 after purchasing an additional 25,756 shares in the last quarter. Almanack Investment Partners LLC. raised its position in shares of Texas Instruments by 36.1% during the third quarter. Almanack Investment Partners LLC. now owns 1,188 shares of the semiconductor company’s stock worth $333,000 after acquiring an additional 315 shares during the last quarter. M Holdings Securities Inc. acquired a new position in shares of Texas Instruments during the third quarter valued at $1,429,000. Brighton Jones LLC boosted its holdings in Texas Instruments by 29.1% in the third quarter. Brighton Jones LLC now owns 24,203 shares of the semiconductor company’s stock valued at $6,779,000 after acquiring an additional 5,453 shares during the last quarter. Finally, Candriam S.C.A. grew its holdings in Texas Instruments by 24.1% during the 3rd quarter. Candriam S.C.A. now owns 121,099 shares of the semiconductor company’s stock worth $34,043,000 after acquiring an additional 23,509 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on TXN shares. Wall Street Zen upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Citigroup reaffirmed a “buy” rating on shares of Texas Instruments in a research note on Thursday, October 22nd. Morgan Stanley raised their price objective on shares of Texas Instruments from $255.00 to $278.00 and gave the company an “underweight” rating in a report on Thursday, October 22nd. JPMorgan Chase & Co. lifted their target price on shares of Texas Instruments from $340.00 to $365.00 and gave the stock an “overweight” rating in a research report on Thursday, October 22nd. Finally, Freedom Broker upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating and lifted their target price for the stock from $260.00 to $330.00 in a research report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Texas Instruments has a consensus rating of “Moderate Buy” and a consensus price target of $315.37.

Insiders Place Their Bets

In related news, Director Pamela H. Patsley sold 4,532 shares of Texas Instruments stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $301.56, for a total value of $1,366,669.92. Following the completion of the sale, the director owned 34,487 shares of the company’s stock, valued at approximately $10,399,899.72. This trade represents a 11.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert E. Sanchez sold 6,065 shares of the firm’s stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $302.21, for a total transaction of $1,832,903.65. Following the completion of the transaction, the director directly owned 21,600 shares in the company, valued at $6,527,736. This trade represents a 21.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 27,968 shares of company stock valued at $8,236,892. 0.60% of the stock is currently owned by corporate insiders.

Texas Instruments Stock Performance

Shares of TXN stock opened at $295.73 on Tuesday. The firm has a 50 day moving average of $279.80 and a 200-day moving average of $261.92. The company has a market cap of $270.23 billion, a price-to-earnings ratio of 38.36, a price-to-earnings-growth ratio of 1.54 and a beta of 1.39. The company has a quick ratio of 4.05, a current ratio of 5.59 and a debt-to-equity ratio of 0.67. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.22. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The firm had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same period in the previous year, the firm posted $1.48 earnings per share. The business’s revenue was up 27.7% compared to the same quarter last year. On average, equities analysts forecast that Texas Instruments Incorporated will post 8.97 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be paid a dividend of $1.52 per share. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.08 dividend on an annualized basis and a yield of 2.1%. Texas Instruments’s dividend payout ratio (DPR) is currently 78.86%.

About Texas Instruments

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.