Creative Planning Has $43.59 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Creative Planning grew its position in Texas Instruments Incorporated (NASDAQ:TXN) by 7.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 211,018 shares of the semiconductor company’s stock after buying an additional 13,972 shares during the quarter. Creative Planning’s holdings in Texas Instruments were worth $43,590,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Norwood Financial Corp acquired a new stake in Texas Instruments during the 1st quarter worth about $32,000. Tradewinds Capital Management LLC grew its position in Texas Instruments by 71.1% during the first quarter. Tradewinds Capital Management LLC now owns 243 shares of the semiconductor company’s stock valued at $42,000 after purchasing an additional 101 shares in the last quarter. Kathleen S. Wright Associates Inc. acquired a new position in Texas Instruments in the 1st quarter valued at approximately $44,000. Friedenthal Financial purchased a new stake in Texas Instruments in the 2nd quarter worth approximately $50,000. Finally, Beacon Capital Management LLC boosted its stake in shares of Texas Instruments by 42.1% during the 1st quarter. Beacon Capital Management LLC now owns 331 shares of the semiconductor company’s stock valued at $58,000 after buying an additional 98 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Mohammad Yunus sold 3,778 shares of the company’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $208.90, for a total value of $789,224.20. Following the sale, the vice president now directly owns 28,894 shares in the company, valued at $6,035,956.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Texas Instruments news, VP Mohammad Yunus sold 3,778 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $208.90, for a total transaction of $789,224.20. Following the sale, the vice president now directly owns 28,894 shares of the company’s stock, valued at approximately $6,035,956.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Shanon J. Leonard sold 2,816 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $208.91, for a total value of $588,290.56. Following the completion of the transaction, the vice president now directly owns 24,112 shares in the company, valued at $5,037,237.92. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,558 shares of company stock valued at $3,255,323. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $198.47 on Friday. The firm has a market capitalization of $180.70 billion, a PE ratio of 30.96, a PEG ratio of 4.54 and a beta of 0.98. The company has a current ratio of 4.62, a quick ratio of 3.49 and a debt-to-equity ratio of 0.75. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $214.66. The business’s 50 day moving average is $203.30 and its 200-day moving average is $194.39.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.06. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. The firm had revenue of $3.82 billion for the quarter, compared to analyst estimates of $3.82 billion. During the same quarter in the previous year, the firm posted $1.87 EPS. The business’s revenue for the quarter was down 15.6% on a year-over-year basis. Sell-side analysts predict that Texas Instruments Incorporated will post 5.11 earnings per share for the current year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be paid a $1.36 dividend. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend is Thursday, October 31st. Texas Instruments’s dividend payout ratio is currently 84.87%.

Analyst Ratings Changes

Several brokerages recently issued reports on TXN. Mizuho set a $200.00 price objective on Texas Instruments in a report on Friday. Evercore ISI lifted their price target on Texas Instruments from $255.00 to $268.00 and gave the company an “outperform” rating in a report on Tuesday, August 20th. Truist Financial dropped their price objective on Texas Instruments from $203.00 to $198.00 and set a “hold” rating on the stock in a report on Wednesday, August 21st. Barclays lifted their target price on shares of Texas Instruments from $190.00 to $210.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 24th. Finally, Cantor Fitzgerald dropped their price target on shares of Texas Instruments from $210.00 to $200.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 8th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $207.15.

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.