Coldstream Capital Management Inc. Has $6.28 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Coldstream Capital Management Inc. boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 32,256 shares of the semiconductor company’s stock after acquiring an additional 233 shares during the period. Coldstream Capital Management Inc.’s holdings in Texas Instruments were worth $6,275,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of TXN. Richardson Financial Services Inc. acquired a new position in Texas Instruments during the fourth quarter worth $26,000. Scarborough Advisors LLC acquired a new position in Texas Instruments during the fourth quarter worth $26,000. Westend Capital Management LLC bought a new stake in shares of Texas Instruments in the 1st quarter worth $31,000. Norwood Financial Corp bought a new stake in shares of Texas Instruments in the 1st quarter worth $32,000. Finally, Fortis Group Advisors LLC grew its stake in shares of Texas Instruments by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 196 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 98 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Transactions at Texas Instruments

In other news, CEO Haviv Ilan sold 1,200 shares of the stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $209.44, for a total value of $251,328.00. Following the sale, the chief executive officer now directly owns 158,676 shares of the company’s stock, valued at $33,233,101.44. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, VP Shanon J. Leonard sold 2,816 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $208.91, for a total value of $588,290.56. Following the sale, the vice president now directly owns 24,112 shares of the company’s stock, valued at $5,037,237.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Haviv Ilan sold 1,200 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $209.44, for a total transaction of $251,328.00. Following the completion of the sale, the chief executive officer now directly owns 158,676 shares in the company, valued at $33,233,101.44. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,558 shares of company stock valued at $3,255,323. 0.68% of the stock is currently owned by corporate insiders.

Texas Instruments Price Performance

NASDAQ TXN opened at $199.10 on Tuesday. The company has a market cap of $181.79 billion, a PE ratio of 31.38, a price-to-earnings-growth ratio of 4.29 and a beta of 0.99. Texas Instruments Incorporated has a 52 week low of $139.48 and a 52 week high of $214.66. The company has a quick ratio of 3.49, a current ratio of 4.62 and a debt-to-equity ratio of 0.75. The firm’s 50-day simple moving average is $200.63 and its two-hundred day simple moving average is $187.99.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. The firm had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.82 billion. During the same period in the prior year, the firm posted $1.87 earnings per share. The company’s revenue for the quarter was down 15.6% on a year-over-year basis. Research analysts predict that Texas Instruments Incorporated will post 5.11 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Wednesday, July 31st were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend was Wednesday, July 31st. Texas Instruments’s payout ratio is 81.12%.

Analyst Ratings Changes

Several analysts have recently issued reports on TXN shares. Susquehanna upped their target price on shares of Texas Instruments from $205.00 to $250.00 and gave the stock a “positive” rating in a research note on Wednesday, July 17th. Barclays upped their target price on shares of Texas Instruments from $190.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 24th. Truist Financial reduced their target price on shares of Texas Instruments from $203.00 to $198.00 and set a “hold” rating for the company in a research note on Wednesday, August 21st. Rosenblatt Securities upped their target price on shares of Texas Instruments from $210.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd. Finally, Jefferies Financial Group upped their target price on shares of Texas Instruments from $175.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday, July 24th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $204.67.

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.