1,336 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Bought by Heritage Investors Management Corp

Heritage Investors Management Corp bought a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,336 shares of the semiconductor company's stock, valued at approximately $240,000.

Several other institutional investors have also recently bought and sold shares of TXN. Summit Securities Group LLC acquired a new stake in shares of Texas Instruments during the 4th quarter valued at about $27,000. Cloud Capital Management LLC acquired a new position in Texas Instruments in the first quarter valued at about $28,000. Copia Wealth Management acquired a new position in Texas Instruments in the fourth quarter valued at about $30,000. Quintet Private Bank Europe S.A. acquired a new position in Texas Instruments in the first quarter valued at about $34,000. Finally, Park Square Financial Group LLC acquired a new position in Texas Instruments in the fourth quarter valued at about $41,000. Institutional investors own 84.99% of the company's stock.

Texas Instruments Trading Up 0.0%

Shares of Texas Instruments stock opened at $216.62 on Monday. The company has a market capitalization of $196.79 billion, a price-to-earnings ratio of 41.10, a PEG ratio of 3.53 and a beta of 1.03. The company has a quick ratio of 3.37, a current ratio of 5.26 and a debt-to-equity ratio of 0.78. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69. The firm's 50-day moving average price is $199.35 and its two-hundred day moving average price is $185.23.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. The firm had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The business's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.10 earnings per share. On average, analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st will be paid a $1.36 dividend. The ex-dividend date is Thursday, July 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.51%. Texas Instruments's payout ratio is currently 103.23%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Robert W. Baird upgraded shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target on the stock in a research report on Monday, April 7th. Seaport Res Ptn upgraded shares of Texas Instruments to a "strong sell" rating in a research report on Wednesday, April 30th. Morgan Stanley reaffirmed an "underweight" rating and issued a $148.00 target price (up from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. Baird R W raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Finally, KeyCorp boosted their target price on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $204.87.

About Texas Instruments

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.

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