Robert E. Sanchez Sells 9,990 Shares of Texas Instruments Incorporated (NASDAQ:TXN) Stock

Texas Instruments Incorporated (NASDAQ:TXN - Get Free Report) Director Robert E. Sanchez sold 9,990 shares of the company's stock in a transaction dated 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 transaction, the director now owns 20,461 shares in the company, valued at $4,272,256.80. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Texas Instruments Trading Up 2.7 %

NASDAQ:TXN traded up $5.52 during mid-day trading on Tuesday, reaching $211.35. The company's stock had a trading volume of 5,520,003 shares, compared to its average volume of 5,492,954. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $214.66. The company's fifty day simple moving average is $203.75 and its two-hundred day simple moving average is $195.91. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. The stock has a market cap of $192.43 billion, a P/E ratio of 32.76, a P/E/G ratio of 4.52 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.38 by $0.09. The firm had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. Texas Instruments's revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.80 earnings per share. On average, equities analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.57%. This is an increase from Texas Instruments's previous quarterly dividend of $1.30. The ex-dividend date of this dividend is Thursday, October 31st. Texas Instruments's dividend payout ratio (DPR) is 84.87%.

Institutional Trading of Texas Instruments

A number of institutional investors have recently modified their holdings of TXN. Skandinaviska Enskilda Banken AB publ increased its holdings in Texas Instruments by 4.3% in the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 234,232 shares of the semiconductor company's stock valued at $45,535,000 after purchasing an additional 9,608 shares in the last quarter. Nordea Investment Management AB lifted its position in Texas Instruments by 16.9% during the 1st quarter. Nordea Investment Management AB now owns 1,005,547 shares of the semiconductor company's stock worth $175,538,000 after acquiring an additional 145,328 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its holdings in Texas Instruments by 60.2% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 174,310 shares of the semiconductor company's stock worth $33,909,000 after acquiring an additional 65,512 shares during the period. Advisors Capital Management LLC grew its position in Texas Instruments by 185.7% in the first quarter. Advisors Capital Management LLC now owns 316,421 shares of the semiconductor company's stock valued at $55,124,000 after acquiring an additional 205,676 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Texas Instruments by 454.5% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company's stock valued at $244,386,000 after purchasing an additional 1,029,741 shares during the period. Hedge funds and other institutional investors own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TXN shares. 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 report on Wednesday, July 24th. Susquehanna lowered their target price on Texas Instruments from $250.00 to $240.00 and set a "positive" rating on the stock in a report on Monday, October 21st. Mizuho set a $200.00 price target on Texas Instruments in a research note on Friday, October 18th. Stifel Nicolaus increased their price objective on shares of Texas Instruments from $172.00 to $200.00 and gave the company a "hold" rating in a research note on Thursday, July 18th. Finally, Cantor Fitzgerald restated a "neutral" rating and set a $200.00 target price on shares of Texas Instruments in a research report on Wednesday, October 23rd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Texas Instruments currently has an average rating of "Hold" and an average target price of $206.95.

Texas Instruments Company 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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