Stoneridge Investment Partners LLC Acquires Shares of 9,643 Texas Instruments Incorporated $TXN

Stoneridge Investment Partners LLC bought a new position in Texas Instruments Incorporated (NASDAQ:TXN) in the third quarter, Holdings Channel reports. The firm bought 9,643 shares of the semiconductor company’s stock, valued at approximately $1,772,000. Texas Instruments makes up about 1.2% of Stoneridge Investment Partners LLC’s investment portfolio, making the stock its 29th largest position.

A number of other institutional investors have also recently made changes to their positions in TXN. Global Assets Advisory LLC grew its stake in shares of Texas Instruments by 1.7% during the 3rd quarter. Global Assets Advisory LLC now owns 4,185 shares of the semiconductor company’s stock worth $769,000 after acquiring an additional 70 shares during the period. Trek Financial LLC bought a new stake in Texas Instruments in the 3rd quarter valued at about $238,000. Symphony Financial Ltd. Co. lifted its holdings in Texas Instruments by 2.0% during the third quarter. Symphony Financial Ltd. Co. now owns 9,073 shares of the semiconductor company’s stock valued at $1,649,000 after purchasing an additional 177 shares during the last quarter. GHP Investment Advisors Inc. boosted its position in Texas Instruments by 1.8% during the third quarter. GHP Investment Advisors Inc. now owns 53,339 shares of the semiconductor company’s stock worth $9,800,000 after purchasing an additional 939 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in Texas Instruments during the third quarter worth about $7,615,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Down 0.9%

Shares of NASDAQ:TXN opened at $193.31 on Friday. The firm has a fifty day moving average price of $177.82 and a two-hundred day moving average price of $182.84. The company has a market cap of $175.65 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 3.07 and a beta of 1.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Investors of record on Friday, January 30th will be given a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, January 30th. Texas Instruments’s payout ratio is presently 103.84%.

Analyst Upgrades and Downgrades

TXN has been the topic of several research reports. Exane BNP Paribas raised shares of Texas Instruments from a “strong sell” rating to a “hold” rating in a research report on Thursday. Benchmark reiterated a “buy” rating on shares of Texas Instruments in a research note on Wednesday, October 22nd. Robert W. Baird set a $195.00 target price on Texas Instruments and gave the stock an “outperform” rating in a research report on Wednesday, October 22nd. Bank of America lowered Texas Instruments from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $208.00 to $190.00 in a report on Monday, October 13th. Finally, Rosenblatt Securities decreased their price objective on Texas Instruments from $245.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average price target of $195.12.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Christine Witzsche sold 1,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $164.31, for a total value of $164,310.00. Following the sale, the vice president owned 20,821 shares of the company’s stock, valued at $3,421,098.51. This trade represents a 4.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ronald Kirk sold 9,990 shares of Texas Instruments stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $162.33, for a total value of $1,621,676.70. Following the sale, the director owned 14,937 shares of the company’s stock, valued at approximately $2,424,723.21. This trade represents a 40.08% decrease in their position. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.

Texas Instruments Profile

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.