Moss Adams Wealth Advisors LLC Purchases 310 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Moss Adams Wealth Advisors LLC increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 18.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,014 shares of the semiconductor company’s stock after buying an additional 310 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in Texas Instruments were worth $362,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Promus Capital LLC bought a new position in Texas Instruments during the 4th quarter worth $25,000. Summit Securities Group LLC bought a new position in shares of Texas Instruments in the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Texas Instruments in the 4th quarter valued at $28,000. Copia Wealth Management bought a new position in shares of Texas Instruments in the 4th quarter valued at $30,000. Finally, Atala Financial Inc bought a new position in shares of Texas Instruments in the 4th quarter valued at $37,000. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TXN. JPMorgan Chase & Co. decreased their price target on Texas Instruments from $230.00 to $195.00 and set an “overweight” rating on the stock in a research note on Thursday, April 24th. Morgan Stanley reiterated an “underweight” rating and issued a $148.00 price target (up previously from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. KeyCorp decreased their price target on Texas Instruments from $250.00 to $215.00 and set an “overweight” rating on the stock in a research note on Thursday, April 24th. Summit Insights lowered Texas Instruments from a “buy” rating to a “hold” rating in a research note on Thursday, April 24th. Finally, Stifel Nicolaus cut their price objective on Texas Instruments from $200.00 to $160.00 and set a “hold” rating on the stock in a report on Thursday, April 17th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Texas Instruments currently has an average rating of “Hold” and a consensus target price of $189.86.

Texas Instruments Price Performance

Texas Instruments stock opened at $199.21 on Tuesday. The stock’s 50 day moving average is $169.29 and its 200 day moving average is $181.95. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The firm has a market cap of $180.98 billion, a P/E ratio of 38.38, a P/E/G ratio of 3.30 and a beta of 1.00. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $220.39.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.10 earnings per share. As a group, research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date was Wednesday, April 30th. Texas Instruments’s dividend payout ratio is 103.23%.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.