IFM Investors Pty Ltd boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 11.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 76,287 shares of the semiconductor company’s stock after buying an additional 7,705 shares during the quarter. IFM Investors Pty Ltd’s holdings in Texas Instruments were worth $10,893,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Paulson Wealth Management Inc. increased its position in Texas Instruments by 1.2% during the third quarter. Paulson Wealth Management Inc. now owns 5,696 shares of the semiconductor company’s stock worth $813,000 after buying an additional 69 shares during the last quarter. Nachman Norwood & Parrott Inc grew its position in shares of Texas Instruments by 2.5% in the third quarter. Nachman Norwood & Parrott Inc now owns 3,049 shares of the semiconductor company’s stock valued at $435,000 after purchasing an additional 73 shares during the last quarter. KLCM Advisors Inc. grew its position in shares of Texas Instruments by 1.9% in the second quarter. KLCM Advisors Inc. now owns 4,224 shares of the semiconductor company’s stock valued at $536,000 after purchasing an additional 80 shares during the last quarter. Glassman Wealth Services grew its position in shares of Texas Instruments by 11.9% in the second quarter. Glassman Wealth Services now owns 760 shares of the semiconductor company’s stock valued at $96,000 after purchasing an additional 81 shares during the last quarter. Finally, Fulton Bank N. A. grew its position in shares of Texas Instruments by 0.8% in the third quarter. Fulton Bank N. A. now owns 10,294 shares of the semiconductor company’s stock valued at $1,470,000 after purchasing an additional 84 shares during the last quarter. 82.91% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:TXN traded up $0.57 during trading hours on Friday, hitting $153.12. 4,600,667 shares of the company were exchanged, compared to its average volume of 5,448,173. The stock has a market capitalization of $140.25 billion, a price-to-earnings ratio of 28.73, a price-to-earnings-growth ratio of 2.89 and a beta of 1.14. The company has a current ratio of 3.92, a quick ratio of 2.94 and a debt-to-equity ratio of 0.82. Texas Instruments Incorporated has a one year low of $93.09 and a one year high of $155.88. The company has a fifty day simple moving average of $142.37 and a 200 day simple moving average of $127.12.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, July 21st. The semiconductor company reported $1.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.60. The business had revenue of $3.24 billion during the quarter, compared to analyst estimates of $2.96 billion. Texas Instruments had a return on equity of 60.61% and a net margin of 36.83%. During the same period last year, the company earned $1.36 EPS. Equities research analysts predict that Texas Instruments Incorporated will post 5.05 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 30th will be given a dividend of $1.02 per share. This is a positive change from Texas Instruments’s previous quarterly dividend of $0.90. This represents a $4.08 annualized dividend and a yield of 2.66%. The ex-dividend date of this dividend is Thursday, October 29th. Texas Instruments’s dividend payout ratio (DPR) is currently 68.70%.

In other Texas Instruments news, Director Carrie Smith Cox sold 26,905 shares of the stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $130.00, for a total transaction of $3,497,650.00. Following the completion of the sale, the director now directly owns 46,221 shares in the company, valued at approximately $6,008,730. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Kyle M. Flessner sold 26,350 shares of the stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $131.59, for a total value of $3,467,396.50. Following the sale, the vice president now owns 79,424 shares of the company’s stock, valued at $10,451,404.16. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 236,495 shares of company stock valued at $31,419,345. 0.73% of the stock is owned by corporate insiders.

Several equities analysts have recently commented on the company. Credit Suisse Group upped their target price on Texas Instruments from $140.00 to $155.00 and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Stifel Nicolaus increased their price target on Texas Instruments from $140.00 to $160.00 and gave the stock a “hold” rating in a research report on Thursday. Charter Equity raised Texas Instruments from a “market perform” rating to a “market outperform” rating in a research report on Wednesday, July 22nd. BMO Capital Markets increased their price target on Texas Instruments from $150.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Finally, Mizuho increased their price target on Texas Instruments from $127.00 to $165.00 and gave the stock a “neutral” rating in a research report on Friday. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have issued a buy rating to the stock. Texas Instruments has an average rating of “Hold” and a consensus target price of $139.38.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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