Transamerica Financial Advisors Inc. Sells 3,110 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Transamerica Financial Advisors Inc. decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 39.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,754 shares of the semiconductor company's stock after selling 3,110 shares during the period. Transamerica Financial Advisors Inc.'s holdings in Texas Instruments were worth $982,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of TXN. Cahill Financial Advisors Inc. boosted its holdings in Texas Instruments by 3.5% in the third quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company's stock valued at $298,000 after acquiring an additional 49 shares during the last quarter. KCM Investment Advisors LLC boosted its stake in shares of Texas Instruments by 1.4% in the 3rd quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company's stock valued at $738,000 after purchasing an additional 50 shares during the last quarter. Investment Advisory Services Inc. TX ADV grew its position in shares of Texas Instruments by 1.6% during the 2nd quarter. Investment Advisory Services Inc. TX ADV now owns 3,145 shares of the semiconductor company's stock worth $612,000 after buying an additional 51 shares during the period. Lansing Street Advisors raised its stake in shares of Texas Instruments by 4.7% during the third quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company's stock worth $233,000 after buying an additional 51 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC lifted its holdings in Texas Instruments by 1.1% in the third quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company's stock valued at $1,030,000 after buying an additional 52 shares during the period. Institutional investors own 84.99% of the company's stock.

Analyst Upgrades and Downgrades

TXN has been the subject of a number of analyst reports. Robert W. Baird lowered their target price on shares of Texas Instruments from $200.00 to $175.00 and set a "neutral" rating for the company in a report on Wednesday, October 23rd. Susquehanna decreased their price objective on Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a research note on Monday, October 21st. Mizuho set a $200.00 target price on Texas Instruments in a research note on Friday, October 18th. Citigroup upgraded Texas Instruments from a "neutral" rating to a "buy" rating and raised their target price for the stock from $200.00 to $235.00 in a report on Wednesday, August 21st. Finally, Truist Financial lowered their price target on Texas Instruments from $198.00 to $190.00 and set a "hold" rating for the company in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $210.05.

Texas Instruments Stock Down 0.9 %

Texas Instruments stock traded down $1.76 during mid-day trading on Wednesday, reaching $199.19. The company's stock had a trading volume of 4,730,481 shares, compared to its average volume of 5,561,799. 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 12 month low of $151.27 and a 12 month high of $220.38. The business's 50 day simple moving average is $204.50 and its 200 day simple moving average is $200.70. The company has a market capitalization of $181.71 billion, a price-to-earnings ratio of 37.02, a price-to-earnings-growth ratio of 4.44 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping 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 company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same period in the previous year, the business earned $1.80 EPS. Texas Instruments's revenue for the quarter was down 8.4% compared to the same quarter last year. As a group, research analysts anticipate that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st were issued a dividend of $1.36 per share. 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 2.73%. Texas Instruments's dividend payout ratio (DPR) is currently 101.12%.

Insider Activity

In related news, 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 transaction of $2,085,912.00. Following the sale, the director now owns 20,461 shares of the company's stock, valued at $4,272,256.80. This trade represents a 32.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the company's stock in a transaction 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 sale, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by company insiders.

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.