Benjamin Edwards Inc. Has $42.91 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Benjamin Edwards Inc. raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 228,828 shares of the semiconductor company's stock after buying an additional 2,908 shares during the period. Benjamin Edwards Inc.'s holdings in Texas Instruments were worth $42,910,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Promus Capital LLC acquired a new position in shares of Texas Instruments during the fourth quarter worth approximately $25,000. Financial Life Planners acquired a new position in Texas Instruments during the 4th quarter worth $26,000. Retirement Wealth Solutions LLC bought a new position in Texas Instruments in the 4th quarter valued at $27,000. Summit Securities Group LLC acquired a new stake in shares of Texas Instruments in the 4th quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Texas Instruments during the fourth quarter worth $28,000. Institutional investors own 84.99% of the company's stock.

Insider Transactions at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the sale, the chairman now owns 409,089 shares of the company's stock, valued at approximately $80,872,804.41. This represents a 19.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 transaction, the director now owns 10,816 shares in the company, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock worth $59,841,304 in the last three months. Insiders own 0.57% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on TXN shares. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Stifel Nicolaus reduced their price objective on shares of Texas Instruments from $200.00 to $160.00 and set a "hold" rating on the stock in a research note on Thursday, April 17th. Rosenblatt Securities reaffirmed a "buy" rating and set a $216.00 target price on shares of Texas Instruments in a report on Thursday, April 24th. Cantor Fitzgerald cut their price target on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. Finally, Truist Financial decreased their price objective on Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Texas Instruments has an average rating of "Hold" and an average price target of $189.41.

Texas Instruments Stock Performance

Shares of Texas Instruments stock opened at $164.51 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The firm has a market cap of $149.45 billion, a price-to-earnings ratio of 31.70, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $220.39. The stock's 50-day moving average is $170.27 and its 200-day moving average is $186.23.

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

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be given a dividend of $1.36 per share. The ex-dividend date is Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 3.31%. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.