DT Investment Partners LLC Purchases 2,158 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

DT Investment Partners LLC raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXNGet Rating) by 28.5% in the first quarter, HoldingsChannel reports. The firm owned 9,721 shares of the semiconductor company’s stock after buying an additional 2,158 shares during the quarter. DT Investment Partners LLC’s holdings in Texas Instruments were worth $1,784,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mizuho Securities Co. Ltd. lifted its holdings in Texas Instruments by 280.6% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 137 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 101 shares in the last quarter. CarsonAllaria Wealth Management Ltd. bought a new position in shares of Texas Instruments during the 4th quarter valued at about $26,000. Stuart Chaussee & Associates Inc. grew its position in shares of Texas Instruments by 81.7% during the fourth quarter. Stuart Chaussee & Associates Inc. now owns 149 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 67 shares in the last quarter. Life Planning Partners Inc bought a new stake in shares of Texas Instruments in the fourth quarter worth about $28,000. Finally, Rather & Kittrell Inc. purchased a new stake in shares of Texas Instruments in the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 83.96% of the company’s stock.

Analysts Set New Price Targets

TXN has been the topic of a number of research reports. Citigroup boosted their target price on shares of Texas Instruments from $160.00 to $165.00 and gave the stock a “neutral” rating in a report on Wednesday, July 27th. Credit Suisse Group dropped their price target on shares of Texas Instruments from $200.00 to $195.00 in a research note on Wednesday, April 27th. DZ Bank lowered shares of Texas Instruments from a “buy” rating to a “hold” rating and set a $150.00 price objective on the stock. in a research report on Tuesday, July 5th. The Goldman Sachs Group dropped their target price on Texas Instruments from $162.00 to $148.00 in a research report on Friday, July 15th. Finally, Benchmark initiated coverage on Texas Instruments in a report on Wednesday, June 29th. They set a “buy” rating and a $205.00 price objective for the company. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, Texas Instruments has a consensus rating of “Hold” and a consensus price target of $182.19.

Texas Instruments Trading Down 2.3 %

Shares of NASDAQ:TXN traded down $4.14 during midday trading on Tuesday, reaching $178.66. The company had a trading volume of 47,175 shares, compared to its average volume of 5,448,031. Texas Instruments Incorporated has a 1-year low of $144.46 and a 1-year high of $202.26. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.24 and a current ratio of 5.09. The firm has a market cap of $163.24 billion, a price-to-earnings ratio of 20.00, a price-to-earnings-growth ratio of 2.11 and a beta of 1.02. The company has a fifty day simple moving average of $162.34 and a two-hundred day simple moving average of $169.66.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 16th. Stockholders of record on Monday, August 1st will be given a $1.15 dividend. The ex-dividend date is Friday, July 29th. This represents a $4.60 annualized dividend and a dividend yield of 2.57%. Texas Instruments’s dividend payout ratio is 50.33%.

Insider Transactions at Texas Instruments

In other news, VP Hagop H. Kozanian sold 5,904 shares of the company’s stock in a transaction dated Friday, May 13th. The shares were sold at an average price of $170.23, for a total value of $1,005,037.92. Following the sale, the vice president now owns 44,885 shares of the company’s stock, valued at approximately $7,640,773.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, VP Kyle M. Flessner sold 43,068 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The shares were sold at an average price of $178.91, for a total transaction of $7,705,295.88. Following the completion of the transaction, the vice president now owns 66,822 shares in the company, valued at $11,955,124.02. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Hagop H. Kozanian sold 5,904 shares of Texas Instruments stock in a transaction dated Friday, May 13th. The stock was sold at an average price of $170.23, for a total value of $1,005,037.92. Following the transaction, the vice president now owns 44,885 shares of the company’s stock, valued at approximately $7,640,773.55. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 75,618 shares of company stock worth $13,329,800. 0.54% of the stock is currently owned by company insiders.

Texas Instruments Company Profile

(Get Rating)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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