Texas Instruments Incorporated $TXN Shares Sold by Kelleher Financial Advisors

Kelleher Financial Advisors reduced its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 44.1% during the third quarter, Holdings Channel.com reports. The fund owned 2,486 shares of the semiconductor company’s stock after selling 1,965 shares during the quarter. Kelleher Financial Advisors’ holdings in Texas Instruments were worth $696,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TXN. Putney Financial Group LLC acquired a new position in shares of Texas Instruments in the 3rd quarter worth approximately $28,000. Scarborough Advisors LLC acquired a new stake in Texas Instruments during the first quarter valued at approximately $29,000. Creative Capital Management Investments LLC lifted its stake in Texas Instruments by 167.5% during the third quarter. Creative Capital Management Investments LLC now owns 107 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 67 shares during the last quarter. Kilter Group LLC acquired a new stake in Texas Instruments during the second quarter valued at approximately $31,000. Finally, Main Street Group LTD bought a new stake in Texas Instruments during the first quarter worth approximately $32,000. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Down 0.3%

Shares of NASDAQ:TXN opened at $311.49 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 4.05 and a current ratio of 5.59. The company has a market cap of $284.63 billion, a PE ratio of 40.40, a price-to-earnings-growth ratio of 1.55 and a beta of 1.39. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03. The firm has a 50 day simple moving average of $278.51 and a 200 day simple moving average of $260.54.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.22. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The firm had revenue of $6.05 billion during the quarter, compared to analyst estimates of $5.94 billion. During the same quarter last year, the business posted $1.48 EPS. The company’s revenue was up 27.7% on a year-over-year basis. As a group, research analysts expect that Texas Instruments Incorporated will post 8.89 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be issued a $1.52 dividend. The ex-dividend date is Friday, October 30th. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.0%. Texas Instruments’s dividend payout ratio is currently 78.86%.

Insider Buying and Selling

In other news, Director Pamela H. Patsley sold 4,532 shares of Texas Instruments stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $301.56, for a total transaction of $1,366,669.92. Following the transaction, the director owned 34,487 shares in the company, valued at approximately $10,399,899.72. The trade was a 11.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Janet F. Clark sold 4,306 shares of the company’s stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $302.46, for a total value of $1,302,392.76. Following the transaction, the director directly owned 11,341 shares in the company, valued at $3,430,198.86. The trade was a 27.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 27,968 shares of company stock valued at $8,236,892. 0.60% of the stock is currently owned by company insiders.

Texas Instruments News Summary

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Tesla plans to scale Optimus production, and Texas Instruments could supply analog chips used in each robot. The article estimates the opportunity could add as much as $500 million in annual revenue if production targets are reached. Tesla Optimus supplier article
• Positive Sentiment: Commentary points to a recovery in analog semiconductor demand and says TXN has outperformed Nvidia. That outlook is supported by the company’s recent quarterly beat: earnings and revenue topped expectations, while revenue rose 27.7% year over year. Bull of the Day article
• Positive Sentiment: ETF purchases offered a demand signal: funds bought $146.7 million of TXN shares on Nov. 2, following $114.8 million in net purchases reported for Oct. 30. Fund flows can support sentiment but do not guarantee future performance. ETF purchases article
• Positive Sentiment: Analyst coverage also includes TXN among semiconductor stocks that could benefit from rising chip sales, AI demand and investment in AI infrastructure. Semiconductor stocks article
• Neutral Sentiment: TI marked 70 years of operations in Europe and highlighted work with customers including ABB Robotics, Porsche and Schneider Electric. The milestone reinforces its established customer relationships, but the announcement does not indicate a near-term financial change. TI Europe anniversary announcement
• Negative Sentiment: A company director reportedly sold 28.2% of the shares he held after exercising options. Insider sales can weigh on sentiment, although the report alone does not establish the director’s reason for selling. Director share sale report

Analyst Ratings Changes

Several research firms have issued reports on TXN. JPMorgan Chase & Co. lifted their price target on shares of Texas Instruments from $340.00 to $365.00 and gave the stock an “overweight” rating in a research report on Thursday, October 22nd. UBS Group dropped their price target on Texas Instruments from $380.00 to $360.00 and set a “buy” rating on the stock in a report on Thursday, October 22nd. Weiss Ratings downgraded Texas Instruments from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. The Goldman Sachs Group reissued a “sell” rating and set a $250.00 price objective on shares of Texas Instruments in a research note on Thursday, October 22nd. Finally, TD Cowen reduced their price objective on Texas Instruments from $340.00 to $330.00 and set a “buy” rating for the company in a research note on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $315.37.

About Texas Instruments

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.