Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Catalyst Financial Partners LLC

Catalyst Financial Partners LLC increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 46.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,013 shares of the semiconductor company’s stock after acquiring an additional 2,237 shares during the quarter. Catalyst Financial Partners LLC’s holdings in Texas Instruments were worth $1,449,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tsfg LLC increased its holdings in shares of Texas Instruments by 82.0% in the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 82 shares during the period. McClarren Financial Advisors Inc. purchased a new stake in shares of Texas Instruments in the third quarter valued at about $43,000. Friedenthal Financial acquired a new stake in shares of Texas Instruments during the second quarter worth about $50,000. Baldwin Brothers LLC MA grew its holdings in shares of Texas Instruments by 121.3% during the second quarter. Baldwin Brothers LLC MA now owns 301 shares of the semiconductor company’s stock worth $59,000 after buying an additional 165 shares during the last quarter. Finally, Key Financial Inc increased its position in Texas Instruments by 46.9% in the 2nd quarter. Key Financial Inc now owns 313 shares of the semiconductor company’s stock valued at $61,000 after acquiring an additional 100 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Shanon J. Leonard sold 2,816 shares of the business’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 value of $588,290.56. Following the completion of the sale, the vice president now directly owns 24,112 shares in the company, valued at approximately $5,037,237.92. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Shanon J. Leonard sold 2,816 shares of the stock in a transaction that occurred 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 sale, the vice president now directly owns 24,112 shares of the company’s stock, valued at approximately $5,037,237.92. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,548 shares of company stock valued at $5,341,235 in the last 90 days. 0.68% of the stock is currently owned by insiders.

Texas Instruments Price Performance

NASDAQ:TXN opened at $207.93 on Thursday. The firm has a market cap of $189.32 billion, a price-to-earnings ratio of 32.44, a price-to-earnings-growth ratio of 4.52 and a beta of 0.98. Texas Instruments Incorporated has a 12-month low of $140.03 and a 12-month high of $214.66. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The company’s 50-day moving average is $203.92 and its two-hundred day moving average is $196.31.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) 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 analyst estimates of $4.12 billion. During the same quarter last year, the business earned $1.80 earnings per share. Texas Instruments’s revenue was down 8.4% compared to the same quarter last year. Research analysts expect that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be issued a $1.36 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $5.44 annualized dividend and a yield of 2.62%. Texas Instruments’s payout ratio is 84.87%.

Wall Street Analyst Weigh In

TXN has been the topic of several analyst reports. Robert W. Baird lowered their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. KeyCorp lifted their price objective on shares of Texas Instruments from $200.00 to $250.00 and gave the company an “overweight” rating in a research report 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 report on Wednesday, October 23rd. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Finally, Jefferies Financial Group increased their price target on shares of Texas Instruments from $175.00 to $185.00 and gave the stock a “hold” rating in a report on Wednesday, July 24th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and an average price target 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.