Texas Instruments Incorporated (NASDAQ:TXN) Holdings Decreased by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 6.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,035,627 shares of the semiconductor company's stock after selling 71,476 shares during the quarter. Victory Capital Management Inc. owned approximately 0.11% of Texas Instruments worth $213,929,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in TXN. Tsfg LLC raised its stake in Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company's stock worth $38,000 after purchasing an additional 82 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of Texas Instruments in the 3rd quarter worth about $39,000. McClarren Financial Advisors Inc. acquired a new position in Texas Instruments during the third quarter valued at approximately $43,000. Friedenthal Financial acquired a new position in Texas Instruments during the second quarter valued at approximately $50,000. Finally, Beacon Capital Management LLC lifted its holdings in shares of Texas Instruments by 42.1% during the 1st quarter. Beacon Capital Management LLC now owns 331 shares of the semiconductor company's stock valued at $58,000 after acquiring an additional 98 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Insider Buying and Selling at Texas Instruments

In other news, VP Shanon J. Leonard sold 2,816 shares of the firm's stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the transaction, the vice president now owns 24,112 shares in the company, valued at approximately $5,037,237.92. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, VP Shanon J. Leonard sold 2,816 shares of the firm's stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the sale, the vice president now directly owns 24,112 shares of the company's stock, valued at $5,037,237.92. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert E. Sanchez sold 9,990 shares of the firm's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the sale, the director now directly owns 20,461 shares of the company's stock, valued at approximately $4,272,256.80. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,548 shares of company stock valued at $5,341,235. 0.68% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

TXN has been the topic of a number of recent research reports. Morgan Stanley boosted their price objective on Texas Instruments from $154.00 to $167.00 and gave the stock an "underweight" rating in a research note on Wednesday, October 23rd. Mizuho set a $200.00 price objective on shares of Texas Instruments in a report on Friday, October 18th. Stifel Nicolaus boosted their price target on Texas Instruments from $172.00 to $200.00 and gave the stock a "hold" rating in a research note on Thursday, July 18th. Summit Insights upgraded Texas Instruments from a "hold" rating to a "buy" rating in a research note on Wednesday, October 23rd. Finally, The Goldman Sachs Group upped their target price on Texas Instruments from $157.00 to $176.00 and gave the company a "sell" rating in a research report on Wednesday, July 24th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $206.95.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded down $3.09 on Tuesday, hitting $212.78. The company's stock had a trading volume of 4,990,772 shares, compared to its average volume of 5,494,771. Texas Instruments Incorporated has a 12 month low of $145.19 and a 12 month high of $220.38. The company has a market capitalization of $194.10 billion, a price-to-earnings ratio of 40.12, a price-to-earnings-growth ratio of 4.82 and a beta of 0.99. The stock's 50-day moving average is $203.98 and its two-hundred day moving average is $198.97. 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 (NASDAQ:TXN - Get Free Report) last announced 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 analyst estimates 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 quarter in the prior year, the firm posted $1.80 EPS. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.08 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. Shareholders of record on Thursday, October 31st will be paid a dividend of $1.36 per share. 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 2.56%. The ex-dividend date is Thursday, October 31st. Texas Instruments's dividend payout ratio (DPR) is presently 101.12%.

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.