L.M. Kohn & Company Has $300,000 Position in Texas Instruments Incorporated (NASDAQ:TXN)

L.M. Kohn & Company grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 4.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,601 shares of the semiconductor company’s stock after purchasing an additional 64 shares during the quarter. L.M. Kohn & Company’s holdings in Texas Instruments were worth $300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. State Street Corp raised its holdings in shares of Texas Instruments by 0.9% during the 3rd quarter. State Street Corp now owns 41,679,234 shares of the semiconductor company’s stock valued at $8,609,679,000 after purchasing an additional 391,306 shares in the last quarter. Geode Capital Management LLC raised its holdings in Texas Instruments by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company’s stock worth $4,382,936,000 after acquiring an additional 487,892 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Texas Instruments by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company’s stock worth $3,976,562,000 after acquiring an additional 782,053 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Texas Instruments by 0.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,060,213 shares of the semiconductor company’s stock worth $1,664,998,000 after acquiring an additional 36,441 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Texas Instruments by 1.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,773,932 shares of the semiconductor company’s stock worth $1,605,861,000 after acquiring an additional 124,712 shares during the period. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other news, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ronald Kirk sold 10,539 shares of the company’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 transaction of $2,142,894.87. Following the transaction, the director now owns 14,323 shares in the company, valued at $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Benchmark reiterated a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Barclays dropped their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Evercore ISI boosted their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Finally, Mizuho dropped their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $209.20.

Read Our Latest Stock Report on TXN

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $183.03 on Monday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The firm’s 50-day simple moving average is $188.18 and its 200-day simple moving average is $197.36. Texas Instruments Incorporated has a twelve month low of $158.90 and a twelve month high of $220.38. The firm has a market cap of $166.96 billion, a P/E ratio of 35.27, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97.

Texas Instruments (NASDAQ:TXNGet Free Report) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period last year, the firm earned $1.49 EPS. As a group, research analysts expect that Texas Instruments Incorporated will post 5.38 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.97%. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Texas Instruments Profile

(Free Report)

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.

See Also

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

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