Schechter Investment Advisors LLC Has $1.37 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Schechter Investment Advisors LLC raised its holdings in Texas Instruments Incorporated (NASDAQ:TXNGet Rating) by 81.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,873 shares of the semiconductor company’s stock after buying an additional 3,977 shares during the period. Schechter Investment Advisors LLC’s holdings in Texas Instruments were worth $1,374,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD increased its stake in Texas Instruments by 43.1% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 21,113,372 shares of the semiconductor company’s stock valued at $3,244,069,000 after buying an additional 6,363,962 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Texas Instruments by 13.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 14,638,302 shares of the semiconductor company’s stock valued at $2,685,836,000 after buying an additional 1,779,273 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Texas Instruments by 18.0% in the 2nd quarter. Franklin Resources Inc. now owns 13,183,584 shares of the semiconductor company’s stock valued at $2,025,659,000 after acquiring an additional 2,014,373 shares during the period. Legal & General Group Plc grew its position in shares of Texas Instruments by 1.1% in the 2nd quarter. Legal & General Group Plc now owns 7,362,472 shares of the semiconductor company’s stock valued at $1,131,247,000 after acquiring an additional 80,669 shares during the period. Finally, Deutsche Bank AG grew its position in shares of Texas Instruments by 19.2% in the 2nd quarter. Deutsche Bank AG now owns 6,053,035 shares of the semiconductor company’s stock valued at $930,048,000 after acquiring an additional 976,188 shares during the period. 83.12% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $177.04 on Wednesday. The firm has a 50 day moving average of $172.92 and a 200-day moving average of $168.62. The stock has a market capitalization of $160.68 billion, a PE ratio of 18.56, a PEG ratio of 2.41 and a beta of 1.02. The company has a current ratio of 4.92, a quick ratio of 4.06 and a debt-to-equity ratio of 0.51. Texas Instruments Incorporated has a 12 month low of $144.46 and a 12 month high of $191.34.

Texas Instruments (NASDAQ:TXNGet Rating) last issued its earnings results on Tuesday, October 25th. The semiconductor company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.37 by $0.08. The company had revenue of $5.24 billion during the quarter, compared to analysts’ expectations of $5.10 billion. Texas Instruments had a net margin of 44.21% and a return on equity of 63.68%. On average, equities research analysts predict that Texas Instruments Incorporated will post 9.23 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 14th. Investors of record on Tuesday, January 31st will be given a dividend of $1.24 per share. This represents a $4.96 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend is Monday, January 30th. Texas Instruments’s dividend payout ratio is 51.99%.

Insider Buying and Selling

In related news, VP Ahmad Bahai sold 1,109 shares of the company’s stock in a transaction that occurred on Friday, November 11th. The shares were sold at an average price of $180.01, for a total transaction of $199,631.09. Following the completion of the transaction, the vice president now directly owns 27,306 shares in the company, valued at approximately $4,915,353.06. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Texas Instruments news, VP Ahmad Bahai sold 1,109 shares of the company’s stock in a transaction that occurred on Friday, November 11th. The shares were sold at an average price of $180.01, for a total value of $199,631.09. Following the completion of the transaction, the vice president now directly owns 27,306 shares in the company, valued at approximately $4,915,353.06. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Janet F. Clark sold 9,990 shares of the company’s stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $175.16, for a total transaction of $1,749,848.40. Following the completion of the transaction, the director now owns 8,942 shares of the company’s stock, valued at $1,566,280.72. The disclosure for this sale can be found here. 0.54% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on TXN. StockNews.com downgraded shares of Texas Instruments from a “buy” rating to a “hold” rating in a research report on Wednesday, November 2nd. Mizuho lifted their price objective on shares of Texas Instruments from $159.00 to $165.00 in a research report on Wednesday. Citigroup lifted their price objective on shares of Texas Instruments from $155.00 to $175.00 and gave the company a “neutral” rating in a research report on Wednesday, January 18th. Robert W. Baird lifted their target price on shares of Texas Instruments from $160.00 to $180.00 in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Texas Instruments from $155.00 to $158.00 in a report on Wednesday, December 14th. One equities research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $178.58.

Texas Instruments Company Profile

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Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. It operates through the following segments: Analog and Embedded Processing.

See Also

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

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