Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Roffman Miller Associates Inc. PA

Roffman Miller Associates Inc. PA lifted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 253,509 shares of the semiconductor company’s stock after purchasing an additional 3,274 shares during the period. Texas Instruments comprises about 3.2% of Roffman Miller Associates Inc. PA’s holdings, making the stock its 6th largest position. Roffman Miller Associates Inc. PA’s holdings in Texas Instruments were worth $52,367,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. MidAtlantic Capital Management Inc. purchased a new position in shares of Texas Instruments during the third quarter worth about $28,000. Tsfg LLC lifted its position in Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 82 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of Texas Instruments in the 3rd quarter valued at approximately $39,000. FSA Wealth Management LLC acquired a new position in shares of Texas Instruments in the third quarter valued at approximately $41,000. Finally, McClarren Financial Advisors Inc. purchased a new stake in shares of Texas Instruments during the third quarter worth approximately $43,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Stock Up 0.1 %

Shares of NASDAQ:TXN opened at $193.10 on Monday. The company has a 50 day moving average of $203.28 and a two-hundred day moving average of $200.83. Texas Instruments Incorporated has a 52-week low of $154.68 and a 52-week high of $220.38. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $176.15 billion, a price-to-earnings ratio of 35.89, a price-to-earnings-growth ratio of 4.22 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.09. The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The business’s revenue was down 8.4% on a year-over-year basis. During the same period last year, the business earned $1.80 EPS. As a group, analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st were paid a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend was Thursday, October 31st. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s dividend payout ratio (DPR) is 101.12%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TXN. Evercore ISI lifted their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Benchmark reaffirmed a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a report on Wednesday, October 23rd. Robert W. Baird cut their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a report on Wednesday, October 23rd. Finally, Wells Fargo & Company started coverage on Texas Instruments in a research note on Friday, November 22nd. They set an “equal weight” rating and a $215.00 target price for the company. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus price target of $210.05.

Insiders Place Their Bets

In related news, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the completion of the transaction, the director now directly owns 20,461 shares in the company, valued at approximately $4,272,256.80. This trade represents a 32.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by company insiders.

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.