Regents Gate Capital LLP Acquires New Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Regents Gate Capital LLP bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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 investment portfolio, making the stock its 18th largest position.

Several other large investors also recently bought and sold shares of TXN. Norges Bank acquired a new position in Texas Instruments in the 4th quarter valued at about $2,584,490,000. GAMMA Investing LLC boosted its holdings in Texas Instruments by 21,778.6% in the 1st quarter. GAMMA Investing LLC now owns 3,422,027 shares of the semiconductor company's stock valued at $614,938,000 after purchasing an additional 3,406,386 shares during the last quarter. Invesco Ltd. boosted its holdings in Texas Instruments by 15.4% in the 4th quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock valued at $2,230,086,000 after purchasing an additional 1,587,036 shares during the last quarter. Northern Trust Corp boosted its holdings in Texas Instruments by 12.2% in the 4th quarter. Northern Trust Corp now owns 10,398,010 shares of the semiconductor company's stock valued at $1,949,731,000 after purchasing an additional 1,132,187 shares during the last quarter. Finally, Capital International Investors boosted its holdings in Texas Instruments by 26.3% in the 4th quarter. Capital International Investors now owns 5,194,675 shares of the semiconductor company's stock valued at $974,054,000 after purchasing an additional 1,080,782 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Trading Down 0.1%

Shares of NASDAQ:TXN traded down $0.24 during trading on Wednesday, reaching $216.39. The stock had a trading volume of 5,229,706 shares, compared to its average volume of 6,444,821. The stock has a market cap of $196.58 billion, a P/E ratio of 41.06, a PEG ratio of 3.48 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 fifty-two week low of $139.95 and a fifty-two week high of $220.39. The business has a fifty day moving average price of $190.62 and a 200-day moving average price of $183.68.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. The business had revenue of $4.07 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the company posted $1.10 earnings per share. As a group, analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 2.51%. Texas Instruments's payout ratio is 103.23%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Mizuho upped their price objective on shares of Texas Instruments from $170.00 to $205.00 and gave the stock a "neutral" rating in a report on Tuesday. JPMorgan Chase & Co. dropped 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. UBS Group increased their target price on shares of Texas Instruments from $215.00 to $245.00 and gave the company a "buy" rating in a research report on Monday. Benchmark decreased their price target on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Finally, Baird R W upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Four research analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Texas Instruments presently has a consensus rating of "Hold" and an average price target of $196.91.

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.