Calton & Associates Inc. Invests $1.56 Million in Texas Instruments Incorporated (TXN) Stock

Calton & Associates Inc. bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the fourth quarter, HoldingsChannel reports. The firm bought 13,007 shares of the semiconductor company’s stock, valued at approximately $1,559,000.

A number of other institutional investors also recently made changes to their positions in TXN. Acrospire Investment Management LLC boosted its position in shares of Texas Instruments by 55.6% in the second quarter. Acrospire Investment Management LLC now owns 1,400 shares of the semiconductor company’s stock valued at $108,000 after acquiring an additional 500 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in shares of Texas Instruments in the second quarter valued at approximately $112,000. Westside Investment Management Inc. boosted its position in shares of Texas Instruments by 6.9% in the second quarter. Westside Investment Management Inc. now owns 1,552 shares of the semiconductor company’s stock valued at $122,000 after acquiring an additional 100 shares during the period. Zions Bancorporation boosted its position in shares of Texas Instruments by 915.6% in the third quarter. Zions Bancorporation now owns 1,564 shares of the semiconductor company’s stock valued at $140,000 after acquiring an additional 1,410 shares during the period. Finally, Willingdon Wealth Management bought a new stake in shares of Texas Instruments in the third quarter valued at approximately $141,000. 84.30% of the stock is owned by hedge funds and other institutional investors.

In other Texas Instruments news, VP Haviv Ilan sold 23,831 shares of the stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $110.36, for a total transaction of $2,629,989.16. Following the completion of the transaction, the vice president now directly owns 131,153 shares in the company, valued at $14,474,045.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Pamela H. Patsley sold 7,000 shares of the firm’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $110.96, for a total value of $776,720.00. Following the completion of the sale, the director now owns 35,296 shares of the company’s stock, valued at $3,916,444.16. The disclosure for this sale can be found here. Insiders have sold 688,552 shares of company stock valued at $76,143,729 over the last quarter. Corporate insiders own 0.96% of the company’s stock.

Several equities research analysts have recently weighed in on TXN shares. SunTrust Banks reissued a “hold” rating and issued a $96.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 25th. Stifel Nicolaus reissued a “hold” rating and issued a $98.00 price objective (up from $85.00) on shares of Texas Instruments in a research report on Wednesday, October 25th. B. Riley reissued a “hold” rating and issued a $97.00 price objective (up from $89.00) on shares of Texas Instruments in a research report on Wednesday, October 25th. Zacks Investment Research raised Texas Instruments from a “hold” rating to a “strong-buy” rating and set a $107.00 price objective for the company in a research report on Friday, October 20th. Finally, JPMorgan Chase & Co. increased their price objective on Texas Instruments from $110.00 to $122.00 and gave the company an “overweight” rating in a research report on Wednesday, January 24th. Sixteen analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $109.65.

Texas Instruments Incorporated (NASDAQ TXN) opened at $104.21 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.00 and a current ratio of 3.87. Texas Instruments Incorporated has a 12 month low of $74.52 and a 12 month high of $120.75. The stock has a market capitalization of $102,710.00, a price-to-earnings ratio of 28.95, a price-to-earnings-growth ratio of 2.26 and a beta of 1.24.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Tuesday, January 23rd. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.09. Texas Instruments had a return on equity of 40.83% and a net margin of 24.61%. The firm had revenue of $3.75 billion during the quarter, compared to analyst estimates of $3.74 billion. During the same period in the prior year, the company posted $0.91 earnings per share. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. equities analysts anticipate that Texas Instruments Incorporated will post 4.97 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 12th. Shareholders of record on Wednesday, January 31st will be paid a dividend of $0.62 per share. The ex-dividend date is Tuesday, January 30th. This represents a $2.48 annualized dividend and a yield of 2.38%. Texas Instruments’s dividend payout ratio is currently 68.89%.

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Texas Instruments 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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