Vest Financial LLC boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 42.4% in the 3rd quarter, Holdings Channel reports. The fund owned 73,920 shares of the semiconductor company’s stock after buying an additional 22,004 shares during the period. Vest Financial LLC’s holdings in Texas Instruments were worth $13,581,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also bought and sold shares of the stock. Strategic Wealth Investment Group LLC purchased a new position in shares of Texas Instruments during the 2nd quarter valued at approximately $25,000. Pacifica Partners Inc. grew its position in shares of Texas Instruments by 85.2% during the 3rd quarter. Pacifica Partners Inc. now owns 150 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 69 shares during the period. Grey Fox Wealth Advisors LLC acquired a new position in Texas Instruments in the 3rd quarter worth about $29,000. LGT Financial Advisors LLC grew its holdings in Texas Instruments by 328.9% in the second quarter. LGT Financial Advisors LLC now owns 193 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 148 shares during the period. Finally, Mid American Wealth Advisory Group Inc. acquired a new position in shares of Texas Instruments during the 2nd quarter worth approximately $40,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.
Insider Transactions at Texas Instruments
In other Texas Instruments news, VP Christine Witzsche sold 1,000 shares of Texas Instruments stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $164.31, for a total transaction of $164,310.00. Following the transaction, the vice president directly owned 20,821 shares of the company’s stock, valued at $3,421,098.51. The trade was a 4.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ronald Kirk sold 9,990 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $162.33, for a total transaction of $1,621,676.70. Following the completion of the sale, the director directly owned 14,937 shares of the company’s stock, valued at approximately $2,424,723.21. This trade represents a 40.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is owned by insiders.
Analysts Set New Price Targets
Texas Instruments Trading Up 2.5%
Shares of Texas Instruments stock opened at $194.41 on Thursday. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90. The stock has a market cap of $176.64 billion, a P/E ratio of 35.54, a P/E/G ratio of 3.05 and a beta of 1.00. The stock’s 50 day simple moving average is $176.48 and its 200-day simple moving average is $183.14.
Texas Instruments (NASDAQ:TXN – Get Free Report) last released its quarterly earnings data on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.48. The company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.65 billion. Texas Instruments had a return on equity of 30.41% and a net margin of 29.21%.The firm’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.44 earnings per share. Analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.
Texas Instruments Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 10th. Investors of record on Friday, January 30th will be given a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 103.84%.
About Texas Instruments
Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.
TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.
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