Economy

Research Ratings: Texas Instruments Incorporated (TXN), Applied Materials, Inc. (AMAT)

The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.40. Whitaker Darla H also sold $4.92 million worth of Texas Instruments Incorporated (NASDAQ:TXN) shares. This represents a change from most recent open price of 1.91%.

A number of other institutional investors and hedge funds have also recently modified their holdings of TXN. Texas Instruments Incorporated (TXN) has made its way to a 12-month gain of 23.71%. MV Capital Management Inc. increased its stake in shares of Texas Instruments by 7.6% in the 2nd quarter. Financial Advisory Service Inc. now owns 3,171 shares of the semiconductor company's stock worth $244,000 after buying an additional 12 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Texas Instruments by 252.0% during the 1st quarter. Henderson Group PLC now owns 1,498,951 shares of the semiconductor company's stock worth $120,763,000 after acquiring an additional 1,369,077 shares during the period. Enterprise Financial Services Corp lifted its stake in shares of Texas Instruments by 0.3% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 1,335 shares of the semiconductor company's stock worth $108,000 after acquiring an additional 333 shares in the last quarter. The portion of a company's profit allocated to each outstanding share of common stock was $4.07 a share in the trailing twelve months. The trading saw a strength at $87.24, the 52-week high.

Texas Instruments Incorporated (TXN) surprised the stock market in its last reported earnings when it earned $1.03 a piece versus the consensus-estimated $0.96. PA now owns 259,999 shares of the semiconductor company's stock worth $18,247,000 after buying an additional 1,253 shares in the last quarter. Its revenue totaled $3.57 billion up 4.81% from the previous quarter. The firm's revenue was up 12.8% on a year-over-year basis. Equities analysts forecast that Texas Instruments Incorporated will post $4.13 earnings per share for the current year.

The board agreed to raising the dividend to 62 cents a share from 50 cents, with the new dividend payable on November 13 - an increase of 24%. Boys Arnold & Co invested 0.38% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Texas Instruments's dividend payout ratio is now 50.51%.

In other Texas Instruments news, COO Brian T. Crutcher sold 50,000 shares of Texas Instruments stock in a transaction on Monday, July 31st. The stock was sold at an average price of $81.87, for a total transaction of $1,228,050.00.

While under theory that management are shareholders, many value investors look for stocks with a high percent of insider ownership, because they will act in its own self interest, as well create shareholder value in the long-term. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Year-to-date, TXN has gained 20.14%, versus a 13.16% rise in the benchmark S&P 500 index during the same period. Stocks with a beta above 1 tend to have bigger swings in price than the market as a whole, the opposite being the case for stocks with a beta below 1. Following the completion of the sale, the director now directly owns 38,435 shares of the company's stock, valued at $3,161,278.75. The disclosure for this sale can be found here. In the last quarter, insiders sold 211,301 shares of company stock valued at $17,259,256.

ILLEGAL ACTIVITY NOTICE: This report was reported by TrueBlueTribune and is the property of of TrueBlueTribune. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and global trademark and copyright legislation. BMO Capital Markets reiterated an "outperform" rating on shares of Texas Instruments in a report on Tuesday, September 12th. Finally, Zacks Investment Research downgraded Texas Instruments from a "hold" rating to a "sell" rating in a research note on Wednesday, June 28th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $83.00 target price (up previously from $78.00) on shares of Texas Instruments in a research note on Wednesday, July 26th. Also, the current price highlights a discount of 32.43% to analysts' high consensus price target.

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Firm operates through two divisions: Analog and Embedded Processing.



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