Coldstream Capital Management Inc. Purchases 1,864 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Coldstream Capital Management Inc. raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 5.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,120 shares of the semiconductor company’s stock after buying an additional 1,864 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Texas Instruments were worth $7,047,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in TXN. MidAtlantic Capital Management Inc. bought a new position in Texas Instruments during the third quarter worth about $28,000. Tsfg LLC raised its holdings in shares of Texas Instruments by 82.0% in the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after buying an additional 82 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of Texas Instruments during the 3rd quarter worth approximately $39,000. FSA Wealth Management LLC acquired a new stake in Texas Instruments in the 3rd quarter valued at $41,000. Finally, McClarren Financial Advisors Inc. bought a new stake in Texas Instruments in the third quarter valued at $43,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Performance

TXN stock opened at $193.45 on Tuesday. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The business’s 50-day moving average price is $203.02 and its two-hundred day moving average price is $200.80. The firm has a market cap of $176.47 billion, a PE ratio of 35.96, a P/E/G ratio of 4.22 and a beta of 0.97. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.09. The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. Texas Instruments’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.80 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st were given a dividend of $1.36 per share. The ex-dividend date was Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.81%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s dividend payout ratio is 101.12%.

Analysts Set New Price Targets

A number of brokerages have issued reports on TXN. Truist Financial cut their price objective on Texas Instruments from $198.00 to $190.00 and set a “hold” rating for the company in a report on Wednesday, October 23rd. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Bank of America decreased their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Mizuho set a $200.00 target price on shares of Texas Instruments in a research note on Friday, October 18th. Finally, Rosenblatt Securities restated a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $210.05.

Insider Transactions at Texas Instruments

In related news, Director Robert E. Sanchez sold 9,990 shares of the company’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the sale, the director now owns 20,461 shares in the company, valued at approximately $4,272,256.80. This represents a 32.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. Company 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.