Register Financial Advisors LLC Boosts Position in Texas Instruments Incorporated (NASDAQ:TXN)

Register Financial Advisors LLC lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 52.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,401 shares of the semiconductor company’s stock after acquiring an additional 824 shares during the period. Register Financial Advisors LLC’s holdings in Texas Instruments were worth $418,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of TXN. AXQ Capital LP increased its position in shares of Texas Instruments by 64.3% during the 3rd quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company’s stock worth $731,000 after purchasing an additional 1,800 shares during the last quarter. First National Bank of Mount Dora Trust Investment Services increased its position in shares of Texas Instruments by 0.4% during the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company’s stock worth $7,182,000 after purchasing an additional 155 shares during the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of Texas Instruments during the 4th quarter worth about $222,000. First National Advisers LLC increased its position in shares of Texas Instruments by 27.6% during the 4th quarter. First National Advisers LLC now owns 9,516 shares of the semiconductor company’s stock worth $1,623,000 after purchasing an additional 2,059 shares during the last quarter. Finally, Salem Investment Counselors Inc. increased its position in shares of Texas Instruments by 2.2% during the 4th quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company’s stock worth $1,403,000 after purchasing an additional 177 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Activity

In other news, Chairman Richard K. Templeton sold 104,000 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $178.68, for a total value of $18,582,720.00. Following the completion of the sale, the chairman now directly owns 403,851 shares of the company’s stock, valued at $72,160,096.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Chairman Richard K. Templeton sold 104,000 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $178.68, for a total value of $18,582,720.00. Following the completion of the sale, the chairman now directly owns 403,851 shares of the company’s stock, valued at $72,160,096.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Pamela H. Patsley sold 9,990 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $179.12, for a total value of $1,789,408.80. Following the sale, the director now owns 33,348 shares of the company’s stock, valued at approximately $5,973,293.76. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 328,969 shares of company stock valued at $58,427,984. 0.68% of the stock is currently owned by company insiders.

Texas Instruments Stock Up 0.6 %

TXN traded up $1.10 on Friday, reaching $194.53. The company’s stock had a trading volume of 8,858,530 shares, compared to its average volume of 5,577,100. The stock has a 50 day moving average of $190.26 and a two-hundred day moving average of $175.16. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $177.12 billion, a price-to-earnings ratio of 30.35, a P/E/G ratio of 4.18 and a beta of 1.00. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $206.00.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. The firm had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.61 billion. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The firm’s quarterly revenue was down 16.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.85 earnings per share. As a group, analysts forecast that Texas Instruments Incorporated will post 5.13 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.67%. The ex-dividend date was Tuesday, May 7th. Texas Instruments’s payout ratio is currently 81.12%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on TXN shares. Robert W. Baird raised their price objective on Texas Instruments from $125.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Barclays boosted their price target on shares of Texas Instruments from $150.00 to $190.00 and gave the stock an “equal weight” rating in a research note on Monday, May 20th. Evercore ISI boosted their price target on shares of Texas Instruments from $213.00 to $225.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 24th. Wells Fargo & Company initiated coverage on shares of Texas Instruments in a research note on Thursday, May 16th. They set an “underweight” rating and a $150.00 price target on the stock. Finally, The Goldman Sachs Group boosted their price target on shares of Texas Instruments from $137.00 to $157.00 and gave the stock a “sell” rating in a research note on Wednesday, April 24th. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $183.43.

Texas Instruments Company 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.