Blake Schutter Theil Wealth Advisors LLC Acquires New Shares in Texas Instruments Incorporated (NASDAQ:TXN)

Blake Schutter Theil Wealth Advisors LLC bought a new position in Texas Instruments Incorporated (NASDAQ:TXN) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,159 shares of the semiconductor company’s stock, valued at approximately $239,000.

A number of other institutional investors and hedge funds have also modified their holdings of TXN. Hilltop National Bank bought a new stake in Texas Instruments in the 1st quarter worth approximately $161,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in Texas Instruments by 144.6% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 10,122 shares of the semiconductor company’s stock valued at $1,763,000 after acquiring an additional 5,983 shares during the last quarter. Nelson Capital Management LLC bought a new position in Texas Instruments in the first quarter valued at about $224,000. Illinois Municipal Retirement Fund boosted its position in Texas Instruments by 39.3% in the first quarter. Illinois Municipal Retirement Fund now owns 73,178 shares of the semiconductor company’s stock worth $12,748,000 after purchasing an additional 20,627 shares during the last quarter. Finally, Mondrian Investment Partners LTD bought a new stake in shares of Texas Instruments during the 1st quarter valued at about $50,910,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Up 1.2 %

Shares of TXN opened at $217.54 on Friday. The stock has a market capitalization of $198.44 billion, a PE ratio of 40.43, a P/E/G ratio of 4.45 and a beta of 0.99. The company’s fifty day moving average is $203.70 and its 200 day moving average is $197.75. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. Texas Instruments Incorporated has a fifty-two week low of $143.08 and a fifty-two week high of $218.25.

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

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be given a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend 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 101.12%.

Insider Transactions at Texas Instruments

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 stock was sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the sale, the director now directly owns 20,461 shares of the company’s stock, valued at $4,272,256.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of the firm’s stock in a transaction that occurred 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 $4,272,256.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Haviv Ilan sold 1,200 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $209.44, for a total transaction of $251,328.00. Following the transaction, the chief executive officer now owns 158,676 shares in the company, valued at approximately $33,233,101.44. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 25,548 shares of company stock worth $5,341,235. Insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on TXN shares. Benchmark reissued a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a report on Wednesday, October 23rd. Jefferies Financial Group lifted their price target on shares of Texas Instruments from $175.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday, July 24th. Susquehanna reduced their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research note on Monday, October 21st. Deutsche Bank Aktiengesellschaft lifted their target price on Texas Instruments from $160.00 to $185.00 and gave the company a “hold” rating in a research report on Wednesday, July 24th. Finally, The Goldman Sachs Group upped their price target on Texas Instruments from $157.00 to $176.00 and gave the stock a “sell” rating in a research report on Wednesday, July 24th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $206.95.

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.