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

Regents Gate Capital LLP bought a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 31,401 shares of the semiconductor company's stock, valued at approximately $5,643,000. Texas Instruments comprises about 2.4% of Regents Gate Capital LLP's investment portfolio, making the stock its 18th biggest position.

Other large investors also recently modified their holdings of the company. Summit Securities Group LLC purchased a new position in Texas Instruments in the 4th quarter worth approximately $27,000. Cloud Capital Management LLC bought a new stake in shares of Texas Instruments during the 1st quarter valued at $28,000. Copia Wealth Management bought a new stake in shares of Texas Instruments during the 4th quarter valued at $30,000. Quintet Private Bank Europe S.A. bought a new position in Texas Instruments in the 1st quarter worth $34,000. Finally, Atala Financial Inc bought a new position in Texas Instruments in the 4th quarter worth $37,000. 84.99% of the stock is owned by institutional investors.

Texas Instruments Stock Performance

TXN traded up $1.59 on Friday, reaching $221.25. The stock had a trading volume of 5,394,922 shares, compared to its average volume of 6,449,065. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.68. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. The business's 50-day moving average price is $192.98 and its two-hundred day moving average price is $184.11. The company has a market cap of $201.00 billion, a P/E ratio of 41.98, a price-to-earnings-growth ratio of 3.52 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.22. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same quarter last year, the business earned $1.10 earnings per share. The company's revenue for the quarter was up 11.1% compared to the same quarter last year. Sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

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

Wall Street Analyst Weigh In

TXN has been the topic of several research analyst reports. Cowen reiterated a "hold" rating on shares of Texas Instruments in a research note on Wednesday, June 25th. Barclays lowered shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their price objective for the stock from $180.00 to $125.00 in a research report on Tuesday, April 22nd. Citigroup increased their price objective on shares of Texas Instruments from $220.00 to $260.00 and gave the stock a "buy" rating in a research report on Monday. JPMorgan Chase & Co. reduced their target price on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Finally, The Goldman Sachs Group began coverage on shares of Texas Instruments in a research note on Thursday. They set a "buy" rating and a $255.00 price objective on the stock. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $202.08.

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.