Advance Capital Management Inc. Has $261,000 Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Advance Capital Management Inc. grew its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 41.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,394 shares of the semiconductor company’s stock after acquiring an additional 411 shares during the quarter. Advance Capital Management Inc.’s holdings in Texas Instruments were worth $261,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. MidAtlantic Capital Management Inc. purchased a new stake in shares of Texas Instruments in the third quarter valued at about $28,000. Tsfg LLC increased its position in shares of Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 82 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in Texas Instruments during the third quarter worth $39,000. FSA Wealth Management LLC purchased a new stake in shares of Texas Instruments during the 3rd quarter valued at $41,000. Finally, McClarren Financial Advisors Inc. purchased a new position in Texas Instruments in the third quarter valued at about $43,000. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Trading Up 0.9 %

Texas Instruments stock traded up $1.67 during mid-day trading on Monday, hitting $192.18. The company’s stock had a trading volume of 4,644,206 shares, compared to its average volume of 3,829,078. The business has a 50 day moving average price of $198.24 and a 200-day moving average price of $199.86. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. The stock has a market cap of $175.31 billion, a price-to-earnings ratio of 35.72, a price-to-earnings-growth ratio of 4.19 and a beta of 0.98.

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

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date was Thursday, October 31st. This is an increase from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s payout ratio is currently 101.12%.

Insiders Place Their Bets

In related news, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction dated Friday, October 25th. The shares were 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 of the company’s stock, valued at $4,272,256.80. This represents a 32.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction that occurred on 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 sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Benchmark reiterated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research note on Wednesday, October 23rd. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Wells Fargo & Company assumed coverage on Texas Instruments in a report on Friday, November 22nd. They set an “equal weight” rating and a $215.00 target price for the company. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a report on Wednesday, October 23rd. Finally, Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $210.05.

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.