1ST Supply Financial institution lessened its stake in shares of Texas Devices Integrated (NASDAQ:TXN – Free Report) by 6.9% within the 2nd quarter, based on the corporate in its most up-to-date Kind 13F submitting with the Securities and Trade Fee (SEC). The agency owned 2,727 shares of the semiconductor firm’s inventory after promoting 203 shares throughout the quarter. 1ST Supply Financial institution’s holdings in Texas Devices have been price $530,000 as of its most up-to-date SEC submitting.
A variety of different institutional traders have additionally made adjustments to their positions within the inventory. Richardson Monetary Companies Inc. acquired a brand new place in Texas Devices throughout the 4th quarter price about $26,000. Scarborough Advisors LLC acquired a brand new stake in shares of Texas Devices throughout the fourth quarter price about $26,000. Westend Capital Administration LLC bought a brand new place in shares of Texas Devices within the first quarter valued at roughly $31,000. Norwood Monetary Corp acquired a brand new place in shares of Texas Devices within the first quarter valued at roughly $32,000. Lastly, Fortis Group Advisors LLC elevated its stake in Texas Devices by 100.0% throughout the 4th quarter. Fortis Group Advisors LLC now owns 196 shares of the semiconductor firm’s inventory price $33,000 after shopping for a further 98 shares throughout the interval. 84.99% of the inventory is at the moment owned by institutional traders and hedge funds.
Texas Devices Inventory Up 2.0 %
TXN opened at $199.93 on Friday. The inventory has a market capitalization of $182.55 billion, a P/E ratio of 31.19, a price-to-earnings-growth ratio of 4.26 and a beta of 0.99. The corporate has a debt-to-equity ratio of 0.75, a fast ratio of three.49 and a present ratio of 4.62. Texas Devices Integrated has a one yr low of $139.48 and a one yr excessive of $214.66. The enterprise’s 50-day easy shifting common is $200.69 and its 200-day easy shifting common is $188.81.
Texas Devices (NASDAQ:TXN – Get Free Report) final issued its quarterly earnings knowledge on Tuesday, July twenty third. The semiconductor firm reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. The corporate had income of $3.82 billion throughout the quarter, in comparison with analysts’ expectations of $3.82 billion. Texas Devices had a return on fairness of 31.10% and a internet margin of 33.01%. The agency’s income for the quarter was down 15.6% on a year-over-year foundation. Throughout the identical quarter within the earlier yr, the enterprise earned $1.87 earnings per share. Analysts anticipate that Texas Devices Integrated will publish 5.11 EPS for the present yr.
Texas Devices Proclaims Dividend
The agency additionally not too long ago disclosed a quarterly dividend, which was paid on Tuesday, August thirteenth. Shareholders of report on Wednesday, July thirty first got a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of two.60%. The ex-dividend date was Wednesday, July thirty first. Texas Devices’s payout ratio is at the moment 81.12%.
Insider Shopping for and Promoting at Texas Devices
In associated information, VP Shanon J. Leonard offered 2,816 shares of the agency’s inventory in a transaction dated Friday, August twenty third. The inventory was offered at a mean worth of $208.91, for a complete transaction of $588,290.56. Following the transaction, the vice chairman now owns 24,112 shares of the corporate’s inventory, valued at $5,037,237.92. The transaction was disclosed in a submitting with the SEC, which is accessible by this hyperlink. In associated information, VP Shanon J. Leonard offered 2,816 shares of the inventory in a transaction on Friday, August twenty third. The inventory was offered at a mean worth of $208.91, for a complete transaction of $588,290.56. Following the completion of the sale, the vice chairman now straight owns 24,112 shares of the corporate’s inventory, valued at $5,037,237.92. The sale was disclosed in a submitting with the SEC, which is out there by the SEC web site. Additionally, CAO Julie C. Knecht offered 7,764 shares of the enterprise’s inventory in a transaction on Friday, August twenty third. The shares have been offered at a mean worth of $209.49, for a complete transaction of $1,626,480.36. Following the completion of the transaction, the chief accounting officer now straight owns 11,806 shares within the firm, valued at $2,473,238.94. The disclosure for this sale may be discovered right here. Over the past three months, insiders have offered 15,558 shares of firm inventory price $3,255,323. 0.68% of the inventory is owned by firm insiders.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on TXN shares. Truist Monetary dropped their worth goal on shares of Texas Devices from $203.00 to $198.00 and set a “maintain” score for the corporate in a analysis observe on Wednesday, August twenty first. Deutsche Financial institution Aktiengesellschaft boosted their goal worth on Texas Devices from $160.00 to $185.00 and gave the inventory a “maintain” score in a analysis observe on Wednesday, July twenty fourth. Rosenblatt Securities elevated their worth goal on Texas Devices from $210.00 to $250.00 and gave the corporate a “purchase” score in a analysis report on Monday, July twenty second. Robert W. Baird boosted their worth goal on Texas Devices from $175.00 to $200.00 and gave the inventory a “impartial” score in a analysis report on Wednesday, July twenty fourth. Lastly, Benchmark reaffirmed a “purchase” score and issued a $230.00 goal worth on shares of Texas Devices in a report on Wednesday, July twenty fourth. Three analysis analysts have rated the inventory with a promote score, eleven have issued a maintain score and eight have assigned a purchase score to the corporate’s inventory. In accordance with knowledge from MarketBeat.com, Texas Devices at the moment has a mean score of “Maintain” and a consensus worth goal of $204.67.
Learn Our Newest Analysis Report on TXN
Texas Devices Profile
Texas Devices Integrated designs, manufactures, and sells semiconductors to electronics designers and producers in the US and internationally. The corporate operates by Analog and Embedded Processing segments. The Analog phase provides energy merchandise to handle energy necessities throughout varied voltage ranges, together with battery-management options, DC/DC switching regulators, AC/DC and remoted controllers and converters, energy switches, linear regulators, voltage references, and lighting merchandise.
See Additionally
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