Investment House LLC raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 108,073 shares of the semiconductor company’s stock after buying an additional 315 shares during the period. Texas Instruments makes up about 1.1% of Investment House LLC’s investment portfolio, making the stock its 27th largest position. Investment House LLC’s holdings in Texas Instruments were worth $8,314,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hudock Capital Group LLC boosted its stake in shares of Texas Instruments by 0.4% in the first quarter. Hudock Capital Group LLC now owns 1,977 shares of the semiconductor company’s stock worth $159,000 after buying an additional 7 shares during the period. Tradewinds Capital Management LLC boosted its stake in shares of Texas Instruments by 0.4% in the first quarter. Tradewinds Capital Management LLC now owns 1,988 shares of the semiconductor company’s stock worth $160,000 after buying an additional 8 shares during the period. TNB Financial boosted its stake in shares of Texas Instruments by 0.5% in the second quarter. TNB Financial now owns 2,879 shares of the semiconductor company’s stock worth $221,000 after buying an additional 14 shares during the period. Reynders McVeigh Capital Management LLC boosted its stake in shares of Texas Instruments by 0.8% in the first quarter. Reynders McVeigh Capital Management LLC now owns 3,255 shares of the semiconductor company’s stock worth $262,000 after buying an additional 25 shares during the period. Finally, Guardian Life Insurance Co. of America boosted its stake in shares of Texas Instruments by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 3,855 shares of the semiconductor company’s stock worth $311,000 after buying an additional 26 shares during the period. Institutional investors and hedge funds own 84.71% of the company’s stock.

Texas Instruments Incorporated (NASDAQ:TXN) traded down 0.22% during midday trading on Friday, hitting $79.97. The stock had a trading volume of 3,626,698 shares. Texas Instruments Incorporated has a one year low of $66.30 and a one year high of $84.65. The firm has a 50 day moving average price of $80.72 and a 200 day moving average price of $79.77. The stock has a market cap of $79.17 billion, a PE ratio of 20.00 and a beta of 1.21.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, July 25th. The semiconductor company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.07. Texas Instruments had a net margin of 28.68% and a return on equity of 36.52%. The company had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.57 billion. During the same period in the previous year, the business earned $0.76 EPS. The company’s revenue was up 12.8% on a year-over-year basis. Equities analysts expect that Texas Instruments Incorporated will post $4.13 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, August 14th. Shareholders of record on Monday, July 31st were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 2.50%. The ex-dividend date was Thursday, July 27th. Texas Instruments’s dividend payout ratio (DPR) is currently 50.51%.

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A number of analysts recently issued reports on the company. Zacks Investment Research raised Texas Instruments from a “hold” rating to a “buy” rating and set a $92.00 target price for the company in a research report on Thursday, July 27th. Robert W. Baird increased their price objective on Texas Instruments from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 26th. Drexel Hamilton reaffirmed a “buy” rating and set a $93.00 price objective on shares of Texas Instruments in a research report on Wednesday, April 26th. Cowen and Company increased their price objective on Texas Instruments from $77.00 to $82.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 26th. Finally, B. Riley reaffirmed a “neutral” rating and set a $83.00 price objective on shares of Texas Instruments in a research report on Wednesday, April 26th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. Texas Instruments has a consensus rating of “Buy” and an average target price of $85.96.

In other news, Director Carrie Smith Cox sold 14,000 shares of the company’s stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $82.25, for a total value of $1,151,500.00. Following the transaction, the director now directly owns 38,435 shares of the company’s stock, valued at $3,161,278.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Brian T. Crutcher sold 50,000 shares of the company’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $81.09, for a total transaction of $4,054,500.00. Following the completion of the transaction, the chief operating officer now directly owns 201,440 shares in the company, valued at $16,334,769.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 211,301 shares of company stock worth $17,259,256. Company insiders own 0.96% of the company’s stock.

About Texas Instruments

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

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

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