Texas Instruments Incorporated (TXN) Stake Held by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. continued to hold its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,000 shares of the semiconductor company’s stock at the end of the first quarter. Hussman Strategic Advisors Inc.’s holdings in Texas Instruments were worth $2,014,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Perigon Wealth Management LLC bought a new position in Texas Instruments during the fourth quarter worth approximately $111,000. Norway Savings Bank raised its position in Texas Instruments by 16.0% in the first quarter. Norway Savings Bank now owns 1,508 shares of the semiconductor company’s stock worth $121,000 after buying an additional 208 shares in the last quarter. Capital Analysts LLC raised its position in Texas Instruments by 9.1% in the fourth quarter. Capital Analysts LLC now owns 1,702 shares of the semiconductor company’s stock worth $124,000 after buying an additional 142 shares in the last quarter. Salem Investment Counselors Inc. bought a new position in Texas Instruments during the third quarter worth approximately $138,000. Finally, Coconut Grove Bank raised its position in Texas Instruments by 77.1% in the first quarter. Coconut Grove Bank now owns 1,930 shares of the semiconductor company’s stock worth $155,000 after buying an additional 840 shares in the last quarter. 86.21% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

Texas Instruments Incorporated (NASDAQ:TXN) opened at 80.79 on Friday. The company has a 50-day moving average of $80.00 and a 200 day moving average of $76.79. Texas Instruments Incorporated has a one year low of $58.61 and a one year high of $82.92. The company has a market cap of $80.49 billion, a P/E ratio of 21.50 and a beta of 1.24.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, April 25th. The semiconductor company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.06. The company had revenue of $3.40 billion during the quarter, compared to analysts’ expectations of $3.31 billion. Texas Instruments had a net margin of 25.89% and a return on equity of 32.78%. Texas Instruments’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.65 EPS. Equities research analysts predict that Texas Instruments Incorporated will post $3.93 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, May 15th. Stockholders of record on Monday, May 1st were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date was Thursday, April 27th. Texas Instruments’s dividend payout ratio is presently 59.35%.

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A number of research analysts recently commented on the stock. B. Riley reiterated a “neutral” rating and set a $83.00 price objective on shares of Texas Instruments in a research note on Wednesday, April 26th. Royal Bank of Canada reiterated a “buy” rating and set a $84.00 price objective on shares of Texas Instruments in a research note on Monday, April 3rd. Drexel Hamilton reiterated a “buy” rating and set a $93.00 price objective on shares of Texas Instruments in a research note on Wednesday, April 26th. Mizuho reiterated a “neutral” rating and set a $78.00 price objective (up previously from $75.00) on shares of Texas Instruments in a research note on Saturday, April 29th. Finally, Bank of America Corp reiterated a “buy” rating and set a $92.00 price objective on shares of Texas Instruments in a research note on Tuesday, March 14th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $82.10.

In related news, Director Pamela H. Patsley sold 7,000 shares of the firm’s stock in a transaction dated Thursday, April 27th. The shares were sold at an average price of $80.55, for a total transaction of $563,850.00. Following the transaction, the director now directly owns 35,296 shares of the company’s stock, valued at $2,843,092.80. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Niels Anderskouv sold 32,420 shares of the firm’s stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $80.61, for a total transaction of $2,613,376.20. Following the transaction, the insider now directly owns 102,028 shares in the company, valued at $8,224,477.08. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 323,780 shares of company stock valued at $26,093,457. 1.02% of the stock is currently owned by corporate insiders.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

12 Month Chart for NASDAQ:TXN

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