First Financial Corp IN boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 56.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 900 shares of the semiconductor company’s stock after buying an additional 325 shares during the period. First Financial Corp IN’s holdings in Texas Instruments were worth $116,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Shine Investment Advisory Services Inc. lifted its holdings in Texas Instruments by 348.8% during the second quarter. Shine Investment Advisory Services Inc. now owns 359 shares of the semiconductor company’s stock worth $41,000 after buying an additional 279 shares during the period. Pathstone Family Office LLC lifted its holdings in shares of Texas Instruments by 106.0% during the 2nd quarter. Pathstone Family Office LLC now owns 377 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 194 shares during the last quarter. TD Capital Management LLC purchased a new stake in shares of Texas Instruments during the 2nd quarter valued at $45,000. HMS Capital Management LLC purchased a new stake in shares of Texas Instruments during the 2nd quarter valued at $46,000. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Texas Instruments during the 2nd quarter valued at $48,000. Institutional investors own 85.39% of the company’s stock.

TXN traded down $1.03 during midday trading on Wednesday, hitting $130.66. 775,970 shares of the company were exchanged, compared to its average volume of 4,200,830. The company’s 50 day simple moving average is $127.28 and its 200 day simple moving average is $118.08. The firm has a market capitalization of $121.45 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 2.45 and a beta of 1.26. The company has a current ratio of 3.01, a quick ratio of 2.22 and a debt-to-equity ratio of 0.54. Texas Instruments Incorporated has a 1-year low of $87.70 and a 1-year high of $132.20.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.08. The company had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.60 billion. Texas Instruments had a return on equity of 57.25% and a net margin of 34.98%. The firm’s revenue for the quarter was down 8.7% compared to the same quarter last year. During the same period last year, the firm earned $1.37 EPS. On average, equities analysts anticipate that Texas Instruments Incorporated will post 5.23 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, November 18th. Shareholders of record on Thursday, October 31st will be given a dividend of $0.90 per share. This is an increase from Texas Instruments’s previous quarterly dividend of $0.77. This represents a $3.60 annualized dividend and a yield of 2.76%. The ex-dividend date of this dividend is Wednesday, October 30th. Texas Instruments’s dividend payout ratio (DPR) is currently 56.83%.

In other Texas Instruments news, SVP Bing Xie sold 52,299 shares of the stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $127.75, for a total transaction of $6,681,197.25. Following the sale, the senior vice president now directly owns 106,264 shares of the company’s stock, valued at approximately $13,575,226. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Rafael R. Lizardi sold 76,523 shares of the stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $128.02, for a total transaction of $9,796,474.46. Following the sale, the chief financial officer now directly owns 94,648 shares in the company, valued at $12,116,836.96. The disclosure for this sale can be found here. Insiders have sold a total of 1,251,117 shares of company stock worth $159,473,823 over the last ninety days. 0.89% of the stock is owned by insiders.

Several brokerages have recently commented on TXN. Stifel Nicolaus decreased their price objective on Texas Instruments from $122.00 to $117.00 and set a “hold” rating for the company in a report on Thursday, August 29th. Zacks Investment Research lowered Texas Instruments from a “buy” rating to a “hold” rating and set a $126.00 price objective for the company. in a report on Monday, August 26th. BidaskClub upgraded Texas Instruments from a “hold” rating to a “buy” rating in a report on Friday, September 27th. Charter Equity upgraded Texas Instruments from a “market perform” rating to a “buy” rating in a report on Wednesday, July 24th. Finally, UBS Group increased their price objective on Texas Instruments from $93.00 to $100.00 and gave the company a “sell” rating in a report on Thursday, August 22nd. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Texas Instruments has an average rating of “Hold” and an average price target of $119.74.

About Texas Instruments

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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