Janney Montgomery Scott LLC Purchases 15,573 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Janney Montgomery Scott LLC raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 9.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 176,229 shares of the semiconductor company’s stock after acquiring an additional 15,573 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Texas Instruments were worth $33,045,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Cahill Financial Advisors Inc. boosted its position in Texas Instruments by 3.5% during the 3rd quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company’s stock valued at $298,000 after acquiring an additional 49 shares in the last quarter. KCM Investment Advisors LLC boosted its position in Texas Instruments by 1.4% during the 3rd quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company’s stock valued at $738,000 after acquiring an additional 50 shares in the last quarter. Lansing Street Advisors boosted its position in Texas Instruments by 4.7% during the 3rd quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company’s stock valued at $233,000 after acquiring an additional 51 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its holdings in shares of Texas Instruments by 1.1% during the third quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company’s stock valued at $1,030,000 after purchasing an additional 52 shares during the last quarter. Finally, ABLE Financial Group LLC lifted its holdings in shares of Texas Instruments by 2.9% during the third quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company’s stock valued at $376,000 after purchasing an additional 52 shares during the last quarter. 84.99% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on TXN shares. Morgan Stanley lifted their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday, October 23rd. Wells Fargo & Company lowered their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Mizuho set a $200.00 target price on shares of Texas Instruments in a report on Friday, October 18th. Barclays lowered their target price on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a report on Wednesday, October 23rd. Finally, Benchmark restated a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $210.45.

Texas Instruments Trading Up 1.8 %

Shares of TXN stock opened at $200.61 on Friday. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The firm has a fifty day moving average price of $193.80 and a 200-day moving average price of $199.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. The company has a market cap of $183.00 billion, a price-to-earnings ratio of 37.29, a PEG ratio of 3.84 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. During the same quarter in the prior year, the business posted $1.49 earnings per share. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date is Friday, January 31st. Texas Instruments’s payout ratio is 101.12%.

Insider Activity

In related news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction 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 completion of the transaction, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.68% of the company’s stock.

Texas Instruments 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.