Dimensional Fund Advisors LP Sells 450,164 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Dimensional Fund Advisors LP cut its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 10.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,969,218 shares of the semiconductor company's stock after selling 450,164 shares during the period. Dimensional Fund Advisors LP owned 0.43% of Texas Instruments worth $772,123,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Richardson Financial Services Inc. bought a new stake in Texas Instruments during the fourth quarter valued at approximately $26,000. Scarborough Advisors LLC bought a new position in shares of Texas Instruments during the 4th quarter valued at $26,000. Westend Capital Management LLC purchased a new position in Texas Instruments in the 1st quarter worth $31,000. Norwood Financial Corp bought a new stake in Texas Instruments in the first quarter worth $32,000. Finally, Fortis Group Advisors LLC boosted its position in Texas Instruments by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 196 shares of the semiconductor company's stock valued at $33,000 after buying an additional 98 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TXN shares. Evercore ISI boosted their target price on Texas Instruments from $255.00 to $268.00 and gave the company an "outperform" rating in a research note on Tuesday, August 20th. Susquehanna boosted their price objective on Texas Instruments from $205.00 to $250.00 and gave the company a "positive" rating in a research report on Wednesday, July 17th. Barclays raised their target price on shares of Texas Instruments from $190.00 to $210.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 24th. Rosenblatt Securities upped their price target on shares of Texas Instruments from $210.00 to $250.00 and gave the company a "buy" rating in a report on Monday, July 22nd. Finally, JPMorgan Chase & Co. raised their price target on shares of Texas Instruments from $195.00 to $230.00 and gave the stock an "overweight" rating in a report on Wednesday, July 24th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of "Hold" and a consensus target price of $204.67.

Insider Transactions at Texas Instruments

In other news, VP Mohammad Yunus sold 3,778 shares of the company's stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $208.90, for a total value of $789,224.20. Following the transaction, the vice president now owns 28,894 shares in the company, valued at $6,035,956.60. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Texas Instruments news, CEO Haviv Ilan sold 1,200 shares of the business's stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $209.44, for a total value of $251,328.00. Following the completion of the transaction, the chief executive officer now owns 158,676 shares of the company's stock, valued at approximately $33,233,101.44. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Mohammad Yunus sold 3,778 shares of the company's stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $208.90, for a total transaction of $789,224.20. Following the transaction, the vice president now owns 28,894 shares in the company, valued at approximately $6,035,956.60. The disclosure for this sale can be found here. Insiders sold a total of 15,558 shares of company stock valued at $3,255,323 in the last quarter. 0.68% of the stock is owned by insiders.

Texas Instruments Stock Down 0.7 %

NASDAQ:TXN traded down $1.46 during mid-day trading on Monday, hitting $198.47. 3,250,936 shares of the company's stock were exchanged, compared to its average volume of 5,530,834. The company has a market cap of $181.21 billion, a PE ratio of 31.19, a P/E/G ratio of 4.26 and a beta of 0.99. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.62 and a quick ratio of 3.49. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $214.66. The business has a fifty day moving average price of $200.69 and a 200 day moving average price of $188.99.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.06. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The firm had revenue of $3.82 billion for the quarter, compared to analysts' expectations of $3.82 billion. During the same period in the previous year, the firm posted $1.87 EPS. The business's revenue for the quarter was down 15.6% compared to the same quarter last year. Equities analysts predict that Texas Instruments Incorporated will post 5.11 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Wednesday, July 31st were issued a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, July 31st. This represents a $5.20 annualized dividend and a dividend yield of 2.62%. Texas Instruments's payout ratio is presently 81.12%.

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.