Winch Advisory Services LLC Increases Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Winch Advisory Services LLC lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 8.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,769 shares of the semiconductor company’s stock after acquiring an additional 599 shares during the period. Winch Advisory Services LLC’s holdings in Texas Instruments were worth $1,468,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Chartwell Investment Partners LLC lifted its holdings in shares of Texas Instruments by 1.6% during the first quarter. Chartwell Investment Partners LLC now owns 29,267 shares of the semiconductor company’s stock worth $5,531,000 after purchasing an additional 474 shares during the period. Trust Co. of Oklahoma lifted its holdings in Texas Instruments by 15.7% in the first quarter. Trust Co. of Oklahoma now owns 4,605 shares of the semiconductor company’s stock valued at $870,000 after acquiring an additional 625 shares during the period. Meyer Handelman Co. lifted its holdings in Texas Instruments by 3.5% in the first quarter. Meyer Handelman Co. now owns 208,751 shares of the semiconductor company’s stock valued at $39,451,000 after acquiring an additional 7,148 shares during the period. AlphaStar Capital Management LLC lifted its holdings in Texas Instruments by 3.1% in the first quarter. AlphaStar Capital Management LLC now owns 3,942 shares of the semiconductor company’s stock valued at $745,000 after acquiring an additional 120 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its holdings in Texas Instruments by 6.8% in the first quarter. The Manufacturers Life Insurance Company now owns 1,095,651 shares of the semiconductor company’s stock valued at $207,068,000 after acquiring an additional 69,385 shares during the period. Institutional investors and hedge funds own 83.12% of the company’s stock.

In related news, VP Darla H. Whitaker sold 30,658 shares of the firm’s stock in a transaction on Thursday, February 11th. The stock was sold at an average price of $177.41, for a total transaction of $5,439,035.78. Following the transaction, the vice president now directly owns 73,304 shares in the company, valued at $13,004,862.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.73% of the company’s stock.

NASDAQ TXN traded down $4.89 on Wednesday, reaching $178.31. The company had a trading volume of 90,510 shares, compared to its average volume of 4,821,620. The firm has a market capitalization of $164.67 billion, a PE ratio of 34.63, a P/E/G ratio of 3.10 and a beta of 1.06. Texas Instruments Incorporated has a 1 year low of $105.45 and a 1 year high of $197.58. The firm has a 50-day moving average of $187.85 and a 200-day moving average of $171.10. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.24 and a quick ratio of 3.29.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, April 27th. The semiconductor company reported $1.87 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.56 by $0.31. The firm had revenue of $4.29 billion during the quarter, compared to analysts’ expectations of $3.98 billion. Texas Instruments had a return on equity of 61.05% and a net margin of 36.24%. Texas Instruments’s quarterly revenue was up 28.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.14 EPS. As a group, sell-side analysts expect that Texas Instruments Incorporated will post 5.48 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 17th. Investors of record on Monday, May 3rd will be paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend is Friday, April 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 77.86%.

A number of equities research analysts have commented on TXN shares. Morgan Stanley raised their target price on Texas Instruments from $162.00 to $176.00 and gave the company an “underweight” rating in a report on Monday, April 19th. KeyCorp increased their target price on Texas Instruments from $225.00 to $235.00 and gave the company an “overweight” rating in a report on Tuesday, May 4th. Deutsche Bank Aktiengesellschaft boosted their price target on Texas Instruments from $170.00 to $185.00 and gave the stock a “hold” rating in a report on Wednesday, April 28th. Jefferies Financial Group increased their price objective on Texas Instruments from $206.00 to $220.00 and gave the company a “buy” rating in a research note on Tuesday, May 4th. Finally, Mizuho boosted their target price on shares of Texas Instruments from $175.00 to $185.00 and gave the company a “neutral” rating in a research note on Tuesday, May 4th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $189.23.

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

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