Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,708 shares of the semiconductor company's stock after purchasing an additional 2,419 shares during the quarter. Texas Instruments accounts for about 1.1% of WealthPlan Investment Management LLC's portfolio, making the stock its 27th largest position. WealthPlan Investment Management LLC's holdings in Texas Instruments were worth $10,681,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital Research Global Investors lifted its position in Texas Instruments by 4.7% in the first quarter. Capital Research Global Investors now owns 28,715,467 shares of the semiconductor company's stock worth $5,002,522,000 after buying an additional 1,279,828 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Texas Instruments by 454.5% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company's stock worth $244,386,000 after acquiring an additional 1,029,741 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of Texas Instruments by 17,253.3% during the 3rd quarter. International Assets Investment Management LLC now owns 613,440 shares of the semiconductor company's stock worth $126,718,000 after purchasing an additional 609,905 shares during the period. Vanguard Group Inc. grew its holdings in Texas Instruments by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 90,572,576 shares of the semiconductor company's stock valued at $15,778,648,000 after purchasing an additional 536,206 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in Texas Instruments by 234.1% during the 2nd quarter. National Bank of Canada FI now owns 742,268 shares of the semiconductor company's stock valued at $144,423,000 after purchasing an additional 520,073 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TXN. Morgan Stanley upped their target price on Texas Instruments from $154.00 to $167.00 and gave the company an "underweight" rating in a research note on Wednesday, October 23rd. KeyCorp lifted their target price on Texas Instruments from $200.00 to $250.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 24th. Rosenblatt Securities reissued a "buy" rating and set a $250.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. raised their price target on shares of Texas Instruments from $195.00 to $230.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 24th. Finally, Benchmark reissued a "buy" rating and issued a $230.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $206.95.

Insiders Place Their Bets

In related news, CEO Haviv Ilan sold 1,200 shares of the stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $209.44, for a total value of $251,328.00. Following the transaction, the chief executive officer now owns 158,676 shares in the company, valued at approximately $33,233,101.44. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Haviv Ilan sold 1,200 shares of the company's stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $209.44, for a total value of $251,328.00. Following the sale, the chief executive officer now owns 158,676 shares in the company, valued at $33,233,101.44. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Julie C. Knecht sold 7,764 shares of Texas Instruments 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 owns 11,806 shares of the company's stock, valued at approximately $2,473,238.94. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 25,548 shares of company stock valued at $5,341,235. 0.68% of the stock is owned by company insiders.

Texas Instruments Stock Down 1.8 %

NASDAQ:TXN traded down $3.94 during mid-day trading on Tuesday, hitting $211.93. 1,012,084 shares of the company's stock traded hands, compared to its average volume of 5,476,615. Texas Instruments Incorporated has a twelve month low of $145.19 and a twelve month high of $220.38. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The company has a market capitalization of $193.33 billion, a P/E ratio of 40.12, a P/E/G ratio of 4.82 and a beta of 0.99. The company has a fifty day moving average of $203.98 and a 200 day moving average of $198.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results 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. The company had revenue of $4.15 billion for the quarter, compared to the consensus estimate 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 previous year, the firm earned $1.80 EPS. On average, analysts forecast that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Thursday, October 31st will be paid a $1.36 dividend. This is a positive change from Texas Instruments's previous quarterly dividend of $1.30. The ex-dividend date is Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.57%. Texas Instruments's dividend payout ratio (DPR) is 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.