Compass Wealth Management LLC increased its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 1,012.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,152 shares of the semiconductor company’s stock after purchasing an additional 14,700 shares during the period. Compass Wealth Management LLC’s holdings in Texas Instruments were worth $2,968,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Strategic Wealth Investment Group LLC bought a new position in shares of Texas Instruments in the 2nd quarter worth about $25,000. Pacifica Partners Inc. increased its stake in shares of Texas Instruments by 85.2% during the third quarter. Pacifica Partners Inc. now owns 150 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 69 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of Texas Instruments during the third quarter valued at approximately $29,000. Osterweis Capital Management Inc. boosted its position in shares of Texas Instruments by 1,810.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 191 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 181 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Texas Instruments by 69.9% in the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 192 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 79 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.
Insider Buying and Selling
In related news, Director Ronald Kirk sold 9,990 shares of Texas Instruments stock in a transaction on Monday, November 24th. The stock was sold at an average price of $162.33, for a total value of $1,621,676.70. Following the completion of the sale, the director owned 14,937 shares of the company’s stock, valued at $2,424,723.21. The trade was a 40.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Christine Witzsche sold 1,000 shares of the stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $164.31, for a total value of $164,310.00. Following the completion of the transaction, the vice president directly owned 20,821 shares in the company, valued at approximately $3,421,098.51. This represents a 4.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.57% of the company’s stock.
Texas Instruments Price Performance
Texas Instruments Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Investors of record on Friday, January 30th will be issued a $1.42 dividend. The ex-dividend date is Friday, January 30th. This represents a $5.68 annualized dividend and a yield of 2.9%. Texas Instruments’s dividend payout ratio (DPR) is currently 103.84%.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. Benchmark reiterated a “buy” rating on shares of Texas Instruments in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. lowered their price target on Texas Instruments from $225.00 to $210.00 and set an “overweight” rating for the company in a research report on Wednesday, October 22nd. The Goldman Sachs Group downgraded shares of Texas Instruments from a “buy” rating to a “sell” rating and cut their price objective for the company from $200.00 to $156.00 in a research report on Monday, December 15th. Bank of America lowered shares of Texas Instruments from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $208.00 to $190.00 in a research note on Monday, October 13th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $190.00 target price on shares of Texas Instruments in a research note on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and an average price target of $195.12.
Check Out Our Latest Research Report on Texas Instruments
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.
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