3,156 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Acquired by Burling Wealth Partners LLC

Burling Wealth Partners LLC bought a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 3,156 shares of the semiconductor company's stock, valued at approximately $592,000.

Several other large investors have also recently bought and sold shares of TXN. Promus Capital LLC bought a new stake in shares of Texas Instruments during the 4th quarter valued at about $25,000. Financial Life Planners bought a new position in Texas Instruments during the fourth quarter valued at approximately $26,000. Retirement Wealth Solutions LLC bought a new position in shares of Texas Instruments during the 4th quarter valued at $27,000. Summit Securities Group LLC bought a new stake in Texas Instruments in the fourth quarter worth $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Texas Instruments in the 4th quarter valued at about $28,000. 84.99% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Benchmark cut their price target on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 7th. Rosenblatt Securities reiterated a "buy" rating and issued a $216.00 price target on shares of Texas Instruments in a research note on Thursday, April 24th. JPMorgan Chase & Co. dropped their price objective on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Finally, Morgan Stanley reaffirmed an "underweight" rating and set a $148.00 price objective (up previously from $146.00) on shares of Texas Instruments in a research report on Thursday, April 24th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Texas Instruments currently has an average rating of "Hold" and a consensus target price of $189.41.

Insider Activity

In other news, Chairman Richard K. Templeton sold 97,000 shares of the company's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares of the company's stock, valued at $82,930,522.08. This represents a 19.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Janet F. Clark sold 6,065 shares of the business's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the sale, the director now directly owns 10,816 shares of the company's stock, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock valued at $59,841,304 in the last quarter. 0.57% of the stock is currently owned by company insiders.

Texas Instruments Stock Down 1.0 %

Shares of TXN traded down $1.63 during mid-day trading on Wednesday, hitting $157.78. The company's stock had a trading volume of 1,413,047 shares, compared to its average volume of 6,180,716. The firm has a market capitalization of $143.57 billion, a price-to-earnings ratio of 30.40, a PEG ratio of 3.30 and a beta of 0.99. The company's 50-day moving average is $172.66 and its 200-day moving average is $187.11. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The firm had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the previous year, the business posted $1.10 EPS. Texas Instruments's revenue was up 11.1% on a year-over-year basis. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th will be issued a dividend of $1.36 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 3.45%. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

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.