SGL Investment Advisors Inc. Buys New Position in Texas Instruments Incorporated (NASDAQ:TXN)

SGL Investment Advisors Inc. purchased a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,248 shares of the semiconductor company's stock, valued at approximately $1,081,000.

Several other large investors have also recently added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. acquired a new position in Texas Instruments during the 3rd quarter worth about $28,000. Tsfg LLC raised its stake in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company's stock worth $38,000 after acquiring an additional 82 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in shares of Texas Instruments during the third quarter worth approximately $39,000. FSA Wealth Management LLC bought a new position in Texas Instruments in the 3rd quarter valued at $41,000. Finally, McClarren Financial Advisors Inc. acquired a new position in shares of Texas Instruments during the third quarter valued at $43,000. 84.99% of the stock is owned by institutional investors.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded up $0.37 during trading on Monday, reaching $193.47. 2,604,018 shares of the stock were exchanged, compared to its average volume of 5,545,208. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. The stock has a 50-day moving average price of $203.28 and a 200-day moving average price of $200.83. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The firm has a market cap of $176.49 billion, a PE ratio of 35.89, a PEG ratio of 4.22 and a beta of 0.97.

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

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st were given a $1.36 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This is a boost from Texas Instruments's previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a dividend yield of 2.81%. Texas Instruments's payout ratio is presently 101.12%.

Insider Transactions at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the company's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert E. Sanchez sold 9,990 shares of the business'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 sale, the director now directly owns 20,461 shares in the company, valued at approximately $4,272,256.80. The trade was a 32.81 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on TXN shares. Bank of America reduced their price target on Texas Instruments from $220.00 to $215.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 23rd. Mizuho set a $200.00 price target on shares of Texas Instruments in a research report on Friday, October 18th. Susquehanna lowered their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a research report on Monday, October 21st. Wells Fargo & Company began coverage on Texas Instruments in a research note on Friday, November 22nd. They issued an "equal weight" rating and a $215.00 target price for the company. Finally, Morgan Stanley increased their price target on Texas Instruments from $154.00 to $167.00 and gave the stock an "underweight" rating in a report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $210.05.

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.