Private Capital Advisors Inc. continued to hold its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,475 shares of the semiconductor company’s stock at the end of the second quarter. Private Capital Advisors Inc.’s holdings in Texas Instruments were worth $267,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its position in Texas Instruments by 4.7% in the first quarter. Vanguard Group Inc. now owns 79,646,537 shares of the semiconductor company’s stock valued at $6,416,325,000 after buying an additional 3,551,400 shares during the period. BlackRock Inc. boosted its position in Texas Instruments by 1,924.6% in the first quarter. BlackRock Inc. now owns 64,718,640 shares of the semiconductor company’s stock valued at $5,213,733,000 after buying an additional 61,521,990 shares during the period. State Street Corp boosted its position in Texas Instruments by 1.4% in the first quarter. State Street Corp now owns 40,943,910 shares of the semiconductor company’s stock valued at $3,298,445,000 after buying an additional 573,645 shares during the period. FMR LLC boosted its position in Texas Instruments by 12.3% in the first quarter. FMR LLC now owns 12,172,327 shares of the semiconductor company’s stock valued at $980,603,000 after buying an additional 1,328,606 shares during the period. Finally, Geode Capital Management LLC boosted its position in Texas Instruments by 9.6% in the first quarter. Geode Capital Management LLC now owns 11,181,980 shares of the semiconductor company’s stock valued at $899,705,000 after buying an additional 975,010 shares during the period. Hedge funds and other institutional investors own 83.67% of the company’s stock.

Texas Instruments Incorporated (NASDAQ TXN) traded up 0.05% during mid-day trading on Tuesday, reaching $80.80. 903,365 shares of the company were exchanged. Texas Instruments Incorporated has a one year low of $66.30 and a one year high of $84.65. The stock has a market capitalization of $80.00 billion, a price-to-earnings ratio of 20.21 and a beta of 1.21. The stock has a 50 day moving average of $81.16 and a 200-day moving average of $79.94.

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

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 14th. Investors of record on Monday, July 31st were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend was Thursday, July 27th. Texas Instruments’s payout ratio is 50.51%.

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Several research analysts recently weighed in on TXN shares. Barclays PLC cut their price target on shares of Texas Instruments from $78.00 to $83.00 in a report on Wednesday, July 26th. Citigroup Inc. boosted their price target on shares of Texas Instruments from $87.00 to $97.00 and gave the stock a “buy” rating in a report on Wednesday, July 26th. Drexel Hamilton boosted their price target on shares of Texas Instruments from $93.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, July 26th. Jefferies Group LLC restated a “buy” rating on shares of Texas Instruments in a report on Monday, July 10th. Finally, BidaskClub cut shares of Texas Instruments from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $85.96.

In related news, Director Robert E. Sanchez sold 26,905 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $81.48, for a total transaction of $2,192,219.40. Following the completion of the sale, the director now directly owns 27,565 shares of the company’s stock, valued at approximately $2,245,996.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Carrie Smith Cox sold 14,000 shares of the firm’s stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $82.25, for a total value of $1,151,500.00. Following the sale, the director now directly owns 38,435 shares of the company’s stock, valued at $3,161,278.75. The disclosure for this sale can be found here. Insiders have sold a total of 211,301 shares of company stock valued at $17,259,256 over the last three months. Corporate insiders own 0.96% of the company’s stock.

Texas Instruments Company Profile

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.

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

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