Financial Partners Group LLC Buys 614 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Financial Partners Group LLC raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 4.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 13,501 shares of the semiconductor company’s stock after purchasing an additional 614 shares during the quarter. Financial Partners Group LLC’s holdings in Texas Instruments were worth $2,352,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Tennessee Valley Asset Management Partners bought a new stake in Texas Instruments in the fourth quarter valued at about $25,000. Life Planning Partners Inc bought a new stake in Texas Instruments during the fourth quarter worth about $26,000. Richardson Financial Services Inc. bought a new stake in Texas Instruments during the fourth quarter worth about $26,000. Scarborough Advisors LLC bought a new stake in Texas Instruments during the fourth quarter worth about $26,000. Finally, Westend Capital Management LLC bought a new stake in Texas Instruments during the first quarter worth about $31,000. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other news, Director Pamela H. Patsley sold 9,990 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the completion of the sale, the director now owns 33,348 shares in the company, valued at approximately $5,973,293.76. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, Director Pamela H. Patsley sold 9,990 shares of the firm’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the completion of the sale, the director now owns 33,348 shares in the company, valued at approximately $5,973,293.76. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Richard K. Templeton sold 104,000 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $178.68, for a total transaction of $18,582,720.00. Following the sale, the chairman now owns 403,851 shares of the company’s stock, valued at approximately $72,160,096.68. The disclosure for this sale can be found here. Insiders sold a total of 328,969 shares of company stock worth $58,427,984 over the last quarter. 0.68% of the stock is currently owned by insiders.

Texas Instruments Stock Up 0.6 %

Texas Instruments stock traded up $1.10 during mid-day trading on Friday, reaching $194.53. The company’s stock had a trading volume of 8,860,990 shares, compared to its average volume of 4,647,702. The company has a market capitalization of $177.12 billion, a price-to-earnings ratio of 30.35, a price-to-earnings-growth ratio of 4.21 and a beta of 1.00. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $206.00. The business’s 50 day simple moving average is $190.26 and its 200 day simple moving average is $175.38. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.76 and a current ratio of 4.91.

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

Texas Instruments Dividend Announcement

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

Analyst Ratings Changes

Several analysts have weighed in on TXN shares. Rosenblatt Securities reaffirmed a “buy” rating and set a $210.00 price objective on shares of Texas Instruments in a research note on Wednesday, April 24th. Oppenheimer reiterated a “market perform” rating on shares of Texas Instruments in a research report on Wednesday, April 24th. The Goldman Sachs Group upped their target price on shares of Texas Instruments from $137.00 to $157.00 and gave the stock a “sell” rating in a research report on Wednesday, April 24th. Mizuho upped their target price on shares of Texas Instruments from $164.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 24th. Finally, Barclays upped their target price on shares of Texas Instruments from $150.00 to $190.00 and gave the stock an “equal weight” rating in a research report on Monday, May 20th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $183.43.

Texas Instruments 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.