Drucker Wealth 3.0 LLC Takes Position in Texas Instruments Incorporated (NASDAQ:TXN)

Drucker Wealth 3.0 LLC bought a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,203 shares of the semiconductor company's stock, valued at approximately $2,374,000.

Several other large investors have also added to or reduced their stakes in TXN. Richardson Financial Services Inc. purchased a new stake in shares of Texas Instruments in the fourth quarter worth $26,000. Scarborough Advisors LLC bought a new stake in Texas Instruments during the 4th quarter valued at about $26,000. Westend Capital Management LLC bought a new position in shares of Texas Instruments in the first quarter worth approximately $31,000. Norwood Financial Corp purchased a new stake in shares of Texas Instruments during the first quarter valued at approximately $32,000. Finally, Fortis Group Advisors LLC raised its holdings in Texas Instruments by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 196 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 98 shares during the last quarter. Institutional investors own 84.99% of the company's stock.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, VP Mohammad Yunus sold 3,778 shares of Texas Instruments stock in a transaction 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 completion of the transaction, the vice president now directly owns 28,894 shares of the company's stock, valued at approximately $6,035,956.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, VP Mohammad Yunus sold 3,778 shares of Texas Instruments 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 completion of the transaction, the vice president now directly owns 28,894 shares of the company's stock, valued at approximately $6,035,956.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Julie C. Knecht sold 7,764 shares of the company's stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $209.49, for a total value of $1,626,480.36. Following the transaction, the chief accounting officer now directly owns 11,806 shares in the company, valued at approximately $2,473,238.94. The disclosure for this sale can be found here. Insiders sold 15,558 shares of company stock worth $3,255,323 in the last quarter. 0.68% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TXN. Rosenblatt Securities upped their price target on Texas Instruments from $210.00 to $250.00 and gave the company a "buy" rating in a report on Monday, July 22nd. Jefferies Financial Group lifted their price target on shares of Texas Instruments from $175.00 to $185.00 and gave the stock a "hold" rating in a research note on Wednesday, July 24th. Benchmark restated a "buy" rating and set a $230.00 price objective on shares of Texas Instruments in a research report on Wednesday, July 24th. The Goldman Sachs Group lifted their target price on shares of Texas Instruments from $157.00 to $176.00 and gave the stock a "sell" rating in a research report on Wednesday, July 24th. Finally, Evercore ISI raised their price target on Texas Instruments from $255.00 to $268.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 20th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $204.67.

Texas Instruments Price Performance

TXN stock traded up $4.20 during midday trading on Thursday, hitting $209.26. The company's stock had a trading volume of 4,509,700 shares, compared to its average volume of 5,336,477. The firm has a market capitalization of $191.06 billion, a price-to-earnings ratio of 32.65, a price-to-earnings-growth ratio of 4.46 and a beta of 0.99. The company has a quick ratio of 3.49, a current ratio of 4.62 and a debt-to-equity ratio of 0.75. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $214.66. The company has a 50 day moving average of $200.80 and a two-hundred day moving average of $190.64.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.06. The company had revenue of $3.82 billion during the quarter, compared to analysts' expectations of $3.82 billion. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. Texas Instruments's quarterly revenue was down 15.6% on a year-over-year basis. During the same period last year, the company posted $1.87 earnings per share. On average, analysts expect that Texas Instruments Incorporated will post 5.11 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be paid a dividend of $1.36 per share. The ex-dividend date of this dividend is Thursday, October 31st. This is a positive change from Texas Instruments's previous quarterly dividend of $1.30. This represents a $5.44 dividend on an annualized basis and a yield of 2.60%. Texas Instruments's dividend payout ratio is presently 81.12%.

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.