Howard Financial Services LTD. Acquires 2,536 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Howard Financial Services LTD. grew its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 107.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,901 shares of the semiconductor company's stock after purchasing an additional 2,536 shares during the quarter. Howard Financial Services LTD.'s holdings in Texas Instruments were worth $919,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp lifted its position in Texas Instruments by 0.9% in the 3rd quarter. State Street Corp now owns 41,679,234 shares of the semiconductor company's stock worth $8,609,679,000 after buying an additional 391,306 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Texas Instruments by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company's stock worth $4,382,936,000 after buying an additional 487,892 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Texas Instruments by 4.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company's stock worth $3,976,562,000 after purchasing an additional 782,053 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Texas Instruments by 0.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,060,213 shares of the semiconductor company's stock valued at $1,664,998,000 after acquiring an additional 36,441 shares during the period. Finally, Legal & General Group Plc grew its position in Texas Instruments by 0.8% during the second quarter. Legal & General Group Plc now owns 7,831,270 shares of the semiconductor company's stock worth $1,523,415,000 after buying an additional 64,067 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $200.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Bank of America decreased their price objective on Texas Instruments from $220.00 to $215.00 and set a "neutral" rating for the company in a report on Wednesday, October 23rd. Benchmark restated a "buy" rating and set a $230.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Finally, Morgan Stanley raised their price objective on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an "underweight" rating in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $209.71.

Texas Instruments Trading Up 2.7 %

Shares of NASDAQ:TXN traded up $5.05 during trading on Friday, reaching $192.42. The stock had a trading volume of 5,388,038 shares, compared to its average volume of 4,167,320. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The firm's fifty day moving average is $194.79 and its 200 day moving average is $199.65. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38. The stock has a market cap of $175.53 billion, a price-to-earnings ratio of 35.77, a P/E/G ratio of 3.69 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $4.15 billion for the quarter, compared to analysts' expectations of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The business's revenue was down 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.80 EPS. As a group, equities analysts forecast that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a dividend of $1.36 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.83%. Texas Instruments's dividend payout ratio is presently 101.12%.

Insider Transactions at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert E. Sanchez sold 9,990 shares of the firm's 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 in the company, valued at approximately $4,272,256.80. This trade represents a 32.81 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company's stock.

About Texas Instruments

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.