Regents Gate Capital LLP Buys Shares of 31,401 Texas Instruments Incorporated (NASDAQ:TXN)

Regents Gate Capital LLP acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 31,401 shares of the semiconductor company's stock, valued at approximately $5,643,000. Texas Instruments makes up approximately 2.4% of Regents Gate Capital LLP's holdings, making the stock its 18th largest position.

Several other hedge funds have also added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in shares of Texas Instruments by 33.4% in the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock valued at $3,158,000 after purchasing an additional 4,218 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in shares of Texas Instruments by 14.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 138,350 shares of the semiconductor company's stock valued at $25,942,000 after purchasing an additional 17,840 shares in the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of Texas Instruments by 69.0% in the fourth quarter. Proficio Capital Partners LLC now owns 3,834 shares of the semiconductor company's stock valued at $719,000 after purchasing an additional 1,566 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Texas Instruments by 9.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 203,792 shares of the semiconductor company's stock valued at $38,213,000 after purchasing an additional 17,110 shares in the last quarter. Finally, Independent Advisor Alliance lifted its holdings in shares of Texas Instruments by 21.8% in the fourth quarter. Independent Advisor Alliance now owns 25,452 shares of the semiconductor company's stock valued at $4,773,000 after purchasing an additional 4,548 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Price Performance

NASDAQ:TXN traded up $1.59 during trading hours on Friday, reaching $221.25. 5,394,922 shares of the company were exchanged, compared to its average volume of 6,463,632. The business has a 50 day moving average of $194.11 and a 200 day moving average of $184.26. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37. The company has a market capitalization of $201.00 billion, a P/E ratio of 41.98, a P/E/G ratio of 3.60 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) 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. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The firm had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same quarter last year, the company earned $1.10 EPS. The company's revenue was up 11.1% on a year-over-year basis. Research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were paid a dividend of $1.36 per share. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a yield of 2.46%. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

Analysts Set New Price Targets

A number of brokerages have recently commented on TXN. Arete Research upgraded Texas Instruments to a "hold" rating in a report on Thursday, June 26th. Rosenblatt Securities reiterated a "buy" rating and set a $216.00 target price on shares of Texas Instruments in a report on Thursday, April 24th. KeyCorp upped their target price on Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a report on Tuesday. Mizuho upped their target price on Texas Instruments from $170.00 to $205.00 and gave the stock a "neutral" rating in a report on Tuesday. Finally, Morgan Stanley reiterated an "underweight" rating and set a $148.00 target price (up previously from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $202.08.

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.