Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Howland Capital Management LLC


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Howland Capital Management LLC grew its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 10.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,812 shares of the semiconductor company’s stock after acquiring an additional 363 shares during the quarter. Howland Capital Management LLC’s holdings in Texas Instruments were worth $720,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in TXN. Delta Asset Management LLC TN grew its position in Texas Instruments by 198.2% in the fourth quarter. Delta Asset Management LLC TN now owns 170 shares of the semiconductor company’s stock worth $28,000 after buying an additional 113 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of Texas Instruments in the fourth quarter worth $30,000. TRU Independence Asset Management 2 LLC bought a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $30,000. Encompass Wealth Advisors LLC bought a new position in shares of Texas Instruments during the 4th quarter valued at $30,000. Finally, Retirement Group LLC acquired a new position in shares of Texas Instruments during the 4th quarter valued at about $31,000. 83.12% of the stock is currently owned by hedge funds and other institutional investors.

TXN stock opened at $178.80 on Tuesday. Texas Instruments Incorporated has a 1-year low of $105.45 and a 1-year high of $197.58. The firm has a market cap of $165.12 billion, a price-to-earnings ratio of 33.80, a PEG ratio of 3.10 and a beta of 1.06. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.24 and a quick ratio of 3.29. The firm has a fifty day moving average price of $186.62 and a two-hundred day moving average price of $169.79.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, April 27th. The semiconductor company reported $1.87 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.56 by $0.31. The business had revenue of $4.29 billion during the quarter, compared to analysts’ expectations of $3.98 billion. Texas Instruments had a return on equity of 61.05% and a net margin of 36.24%. The firm’s quarterly revenue was up 28.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.14 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 5.48 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, May 17th. Shareholders of record on Monday, May 3rd will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, April 30th. This represents a $4.08 dividend on an annualized basis and a yield of 2.28%. Texas Instruments’s payout ratio is currently 77.86%.

TXN has been the topic of several research analyst reports. KeyCorp raised their price target on shares of Texas Instruments from $225.00 to $235.00 and gave the stock an “overweight” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Texas Instruments from $170.00 to $185.00 and gave the company a “hold” rating in a research note on Wednesday, April 28th. Royal Bank of Canada upped their price target on shares of Texas Instruments from $155.00 to $180.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 27th. Oppenheimer boosted their target price on Texas Instruments from $185.00 to $220.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 21st. Finally, Morgan Stanley boosted their target price on Texas Instruments from $162.00 to $176.00 and gave the company an “underweight” rating in a research note on Monday, April 19th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and seventeen have given a buy rating to the company. Texas Instruments presently has an average rating of “Hold” and a consensus price target of $189.23.

In other news, VP Darla H. Whitaker sold 30,658 shares of the stock in a transaction that occurred on Thursday, February 11th. The stock was sold at an average price of $177.41, for a total value of $5,439,035.78. Following the completion of the sale, the vice president now directly owns 73,304 shares of the company’s stock, valued at $13,004,862.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Richard K. Templeton sold 112,500 shares of the stock in a transaction that occurred on Thursday, February 4th. The shares were sold at an average price of $170.74, for a total value of $19,208,250.00. Following the completion of the sale, the chief executive officer now directly owns 622,167 shares of the company’s stock, valued at $106,228,793.58. The disclosure for this sale can be found here. Insiders have sold 241,518 shares of company stock valued at $41,675,362 in the last ninety days. Company insiders own 0.73% of the company’s stock.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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