Hyman Charles D lifted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 5.8% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 9,884 shares of the semiconductor company’s stock after buying an additional 546 shares during the period. Hyman Charles D’s holdings in Texas Instruments were worth $1,868,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently made changes to their positions in TXN. Atlas Private Wealth Advisors raised its stake in Texas Instruments by 512.5% during the first quarter. Atlas Private Wealth Advisors now owns 147 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 123 shares during the period. Delta Asset Management LLC TN raised its stake in Texas Instruments by 198.2% during the fourth quarter. Delta Asset Management LLC TN now owns 170 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 113 shares during the period. Lloyd Advisory Services LLC. purchased a new position in Texas Instruments during the fourth quarter worth approximately $30,000. TRU Independence Asset Management 2 LLC purchased a new position in Texas Instruments during the fourth quarter worth approximately $30,000. Finally, Encompass Wealth Advisors LLC acquired a new stake in shares of Texas Instruments in the fourth quarter worth $30,000. 83.12% of the stock is currently owned by institutional investors and hedge funds.
Several equities research analysts have recently issued reports on TXN shares. Cascend Securities increased their price objective on shares of Texas Instruments from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday. JPMorgan Chase & Co. reissued a “buy” rating and issued a $200.00 price target on shares of Texas Instruments in a report on Friday, February 5th. Rosenblatt Securities increased their price target on Texas Instruments from $200.00 to $220.00 and gave the company a “buy” rating in a report on Tuesday. Royal Bank of Canada upped their price objective on Texas Instruments from $155.00 to $180.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 27th. Finally, Mizuho increased their price target on Texas Instruments from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Tuesday. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the company. Texas Instruments presently has a consensus rating of “Hold” and a consensus target price of $189.23.
Shares of TXN traded down $1.54 during trading hours on Tuesday, reaching $177.25. 158,919 shares of the company’s stock traded hands, compared to its average volume of 4,822,852. The company has a current ratio of 4.24, a quick ratio of 3.29 and a debt-to-equity ratio of 0.75. Texas Instruments Incorporated has a 12 month low of $105.45 and a 12 month high of $197.58. The stock has a market cap of $163.69 billion, a PE ratio of 33.80, a price-to-earnings-growth ratio of 3.10 and a beta of 1.06. The firm’s 50 day simple moving average is $186.62 and its 200-day simple moving average is $169.79.
Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, April 27th. The semiconductor company reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.31. Texas Instruments had a return on equity of 61.05% and a net margin of 36.24%. The business had revenue of $4.29 billion for the quarter, compared to analyst estimates of $3.98 billion. During the same period last year, the company earned $1.14 EPS. Texas Instruments’s revenue for the quarter was up 28.8% compared to the same quarter last year. As a group, analysts expect that Texas Instruments Incorporated will post 5.48 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, May 17th. Stockholders of record on Monday, May 3rd will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend is Friday, April 30th. Texas Instruments’s dividend payout ratio is presently 77.86%.
Texas Instruments Profile
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.
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