Regents Gate Capital LLP Makes New Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Regents Gate Capital LLP acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm 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 portfolio, making the stock its 18th biggest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Gerber Kawasaki Wealth & Investment Management lifted its holdings in Texas Instruments by 1.8% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock valued at $598,000 after buying an additional 56 shares during the period. Voya Financial Advisors Inc. increased its holdings in Texas Instruments by 1.6% in the fourth quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after purchasing an additional 58 shares during the last quarter. Dunhill Financial LLC increased its holdings in Texas Instruments by 3.7% in the fourth quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company's stock valued at $320,000 after purchasing an additional 61 shares during the last quarter. Prestige Wealth Management Group LLC boosted its stake in Texas Instruments by 3.7% during the 4th quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company's stock worth $327,000 after acquiring an additional 62 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in Texas Instruments by 2.1% during the 4th quarter. Sunbelt Securities Inc. now owns 3,069 shares of the semiconductor company's stock worth $577,000 after acquiring an additional 63 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Stock Up 1.5%

TXN stock traded up $3.27 during trading on Thursday, reaching $219.66. 3,969,167 shares of the stock were exchanged, compared to its average volume of 6,453,278. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.75. The firm's 50 day moving average is $192.98 and its 200 day moving average is $184.11. The firm has a market cap of $199.55 billion, a P/E ratio of 41.68, a price-to-earnings-growth ratio of 3.52 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued 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. 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 during the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the prior year, the firm posted $1.10 EPS. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. As a group, 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. 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 2.48%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio is currently 103.23%.

Wall Street Analyst Weigh In

TXN has been the subject of several research reports. Summit Insights downgraded shares of Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Cantor Fitzgerald decreased their price target on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a research note on Thursday, April 24th. Wells Fargo & Company set a $190.00 price target on shares of Texas Instruments and gave the stock an "equal weight" rating in a research report on Monday, June 16th. Citigroup raised their target price on shares of Texas Instruments from $220.00 to $260.00 and gave the company a "buy" rating in a research note on Monday. Finally, Morgan Stanley reiterated an "underweight" rating and set a $148.00 target price (up from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. Three analysts have rated the stock with a sell rating, sixteen have issued a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $200.20.

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.