Addis & Hill Inc Buys New Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Addis & Hill Inc acquired a new position in shares of 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 acquired 1,534 shares of the semiconductor company's stock, valued at approximately $276,000. Texas Instruments accounts for 0.2% of Addis & Hill Inc's holdings, making the stock its 26th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Promus Capital LLC acquired a new position in Texas Instruments in the fourth quarter valued at $25,000. Financial Life Planners purchased a new position in Texas Instruments during the 4th quarter worth $26,000. Summit Securities Group LLC bought a new stake in Texas Instruments in the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Texas Instruments during the fourth quarter worth $28,000. Finally, Copia Wealth Management bought a new position in shares of Texas Instruments during the 4th quarter valued at approximately $30,000. Institutional investors own 84.99% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TXN. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Seaport Res Ptn raised shares of Texas Instruments to a "strong sell" rating in a research note on Wednesday, April 30th. Wells Fargo & Company reduced their price target on Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating on the stock in a research report on Thursday, April 24th. Barclays cut shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and cut their target price for the stock from $180.00 to $125.00 in a report on Tuesday, April 22nd. Finally, Morgan Stanley reaffirmed an "underweight" rating and set a $148.00 price objective (up from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $189.41.

Texas Instruments Trading Up 1.4%

Shares of NASDAQ TXN traded up $2.64 during midday trading on Wednesday, hitting $190.72. The company's stock had a trading volume of 5,778,967 shares, compared to its average volume of 6,337,594. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $220.39. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The firm has a market cap of $173.26 billion, a P/E ratio of 36.75, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The business's 50 day moving average is $168.08 and its two-hundred day moving average is $182.28.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results 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. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The business had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the prior year, the company earned $1.10 EPS. The business's revenue was up 11.1% compared to the same quarter last year. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

Texas Instruments Company 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.