Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Moody National Bank Trust Division

Moody National Bank Trust Division increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,125 shares of the semiconductor company’s stock after purchasing an additional 117 shares during the quarter. Moody National Bank Trust Division’s holdings in Texas Instruments were worth $1,524,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Westmount Partners LLC lifted its holdings in shares of Texas Instruments by 6.3% in the 4th quarter. Westmount Partners LLC now owns 1,334 shares of the semiconductor company’s stock valued at $250,000 after buying an additional 79 shares during the period. Agate Pass Investment Management LLC lifted its holdings in Texas Instruments by 3.5% in the fourth quarter. Agate Pass Investment Management LLC now owns 11,599 shares of the semiconductor company’s stock valued at $2,175,000 after acquiring an additional 389 shares during the period. Capital Investment Advisors LLC boosted its position in Texas Instruments by 0.9% in the 4th quarter. Capital Investment Advisors LLC now owns 12,313 shares of the semiconductor company’s stock worth $2,309,000 after purchasing an additional 112 shares in the last quarter. Trust Co. of Toledo NA OH grew its stake in shares of Texas Instruments by 1.4% during the 4th quarter. Trust Co. of Toledo NA OH now owns 7,854 shares of the semiconductor company’s stock worth $1,473,000 after purchasing an additional 106 shares during the period. Finally, Fiduciary Alliance LLC increased its holdings in shares of Texas Instruments by 25.3% during the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock valued at $6,901,000 after purchasing an additional 7,424 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

NASDAQ:TXN opened at $191.09 on Tuesday. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The stock has a market cap of $174.32 billion, a PE ratio of 35.52, a P/E/G ratio of 4.19 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The stock has a 50 day moving average price of $196.48 and a 200 day moving average price of $199.76.

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

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.85%. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Thursday, October 31st. Texas Instruments’s payout ratio is presently 101.12%.

Insider Activity

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the transaction, the director now owns 20,461 shares of the company’s stock, valued at $4,272,256.80. This trade represents a 32.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on TXN. Robert W. Baird dropped their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Wells Fargo & Company dropped their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday. Bank of America reduced their price target on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Morgan Stanley raised their price objective on Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday, October 23rd. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and a consensus price target of $209.71.

Texas Instruments Company 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.