Moseley Investment Management Inc. decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 9.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,171 shares of the semiconductor company’s stock after selling 229 shares during the quarter. Moseley Investment Management Inc.’s holdings in Texas Instruments were worth $451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also bought and sold shares of the company. Cloud Capital Management LLC bought a new stake in Texas Instruments during the 1st quarter valued at $28,000. Dagco Inc. bought a new stake in Texas Instruments during the 1st quarter valued at $32,000. CBIZ Investment Advisory Services LLC raised its holdings in Texas Instruments by 67.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 75 shares during the period. Quintet Private Bank Europe S.A. bought a new stake in Texas Instruments during the 1st quarter valued at $34,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Texas Instruments during the 1st quarter valued at $42,000. Institutional investors own 84.99% of the company’s stock.
Texas Instruments Stock Down 1.5%
TXN opened at $178.96 on Friday. The stock has a market cap of $162.70 billion, a PE ratio of 32.78, a P/E/G ratio of 2.97 and a beta of 1.01. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69. The business’s fifty day simple moving average is $188.45 and its 200 day simple moving average is $185.80.
Texas Instruments Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be given a dividend of $1.42 per share. The ex-dividend date is Friday, October 31st. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.36. This represents a $5.68 annualized dividend and a yield of 3.2%. Texas Instruments’s dividend payout ratio (DPR) is currently 104.03%.
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 dated 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 sale, the vice president directly owned 38,883 shares in the company, valued at $7,984,624.05. This represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.57% of the stock is currently owned by insiders.
Analyst Ratings Changes
TXN has been the topic of several research analyst reports. DZ Bank reaffirmed a “sell” rating and issued a $158.00 price target on shares of Texas Instruments in a report on Wednesday, July 23rd. UBS Group set a $255.00 price target on shares of Texas Instruments in a report on Tuesday, July 22nd. BNP Paribas raised shares of Texas Instruments to a “strong sell” rating in a report on Wednesday, July 23rd. Wolfe Research raised shares of Texas Instruments from a “peer perform” rating to an “outperform” rating and set a $230.00 price target on the stock in a report on Monday, July 28th. Finally, KeyCorp upped their price target on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $213.82.
Get Our Latest Stock Report on Texas Instruments
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.
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