Sanctuary Advisors LLC Has $33.79 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Sanctuary Advisors LLC raised its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 12.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 170,670 shares of the semiconductor company's stock after acquiring an additional 19,284 shares during the period. Sanctuary Advisors LLC's holdings in Texas Instruments were worth $33,793,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Pine Valley Investments Ltd Liability Co boosted its position in Texas Instruments by 1.1% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 18,599 shares of the semiconductor company's stock valued at $3,842,000 after purchasing an additional 197 shares during the last quarter. Anchor Investment Management LLC raised its stake in shares of Texas Instruments by 25.7% during the 3rd quarter. Anchor Investment Management LLC now owns 11,633 shares of the semiconductor company's stock worth $2,403,000 after purchasing an additional 2,378 shares in the last quarter. Invst LLC acquired a new stake in shares of Texas Instruments in the 3rd quarter valued at approximately $209,000. TCW Group Inc. grew its stake in shares of Texas Instruments by 26.6% in the third quarter. TCW Group Inc. now owns 48,440 shares of the semiconductor company's stock valued at $10,006,000 after buying an additional 10,189 shares in the last quarter. Finally, Soltis Investment Advisors LLC acquired a new position in Texas Instruments during the third quarter worth $292,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Insider Activity 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 shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the transaction, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert E. Sanchez sold 9,990 shares of the company's stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the transaction, the director now owns 20,461 shares of the company's stock, valued at approximately $4,272,256.80. This trade represents a 32.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Morgan Stanley lifted their price objective on shares of Texas Instruments from $154.00 to $167.00 and gave the company an "underweight" rating in a research report on Wednesday, October 23rd. Summit Insights upgraded Texas Instruments from a "hold" rating to a "buy" rating in a research note on Wednesday, October 23rd. Evercore ISI lifted their target price on Texas Instruments from $268.00 to $298.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 23rd. Citigroup upgraded Texas Instruments from a "neutral" rating to a "buy" rating and increased their price target for the company from $200.00 to $235.00 in a research note on Wednesday, August 21st. Finally, Susquehanna decreased their price target on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating on the stock in a research note on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Texas Instruments currently has an average rating of "Hold" and an average target price of $210.05.

Texas Instruments Price Performance

Shares of NASDAQ TXN traded up $0.01 during trading hours on Thursday, hitting $191.71. 4,022,419 shares of the stock were exchanged, compared to its average volume of 5,549,490. The company's fifty day simple moving average is $202.55 and its two-hundred day simple moving average is $200.67. The company has a market cap of $174.88 billion, a PE ratio of 35.63, a price-to-earnings-growth ratio of 4.22 and a beta of 0.97. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38.

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

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.84%. This is a boost from Texas Instruments's previous quarterly dividend of $1.30. The ex-dividend date was Thursday, October 31st. Texas Instruments's dividend payout ratio is currently 101.12%.

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.