Arkadios Wealth Advisors Purchases 1,734 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Key Points

• Arkadios Wealth Advisors increased its stake in Texas Instruments by 16.3%, acquiring an additional 1,734 shares during the first quarter, bringing its total holdings to 12,401 shares valued at approximately $2.23 million.
• Texas Instruments reported a quarterly earnings per share (EPS) of $1.41, surpassing the consensus estimate of $1.32, with a year-over-year revenue increase of 16.4% to $4.45 billion.
• The company recently announced a quarterly dividend of $1.36, resulting in an annualized dividend of $5.44, which reflects a dividend yield of 3.0%.

Arkadios Wealth Advisors boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 16.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,401 shares of the semiconductor company's stock after purchasing an additional 1,734 shares during the quarter. Arkadios Wealth Advisors' holdings in Texas Instruments were worth $2,228,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC grew its position in shares of Texas Instruments by 10.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock valued at $11,462,000 after purchasing an additional 6,267 shares during the period. Gries Financial LLC acquired a new position in shares of Texas Instruments in the 1st quarter valued at approximately $243,000. Brighton Jones LLC grew its position in shares of Texas Instruments by 33.4% in the 4th 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 during the period. JARISLOWSKY FRASER Ltd grew its position in shares of Texas Instruments by 7.4% in the 4th quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company's stock valued at $448,000 after purchasing an additional 165 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Texas Instruments by 2.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 495,548 shares of the semiconductor company's stock valued at $89,050,000 after purchasing an additional 11,057 shares during the period. 84.99% of the stock is owned by institutional investors.

Texas Instruments Price Performance

NASDAQ TXN opened at $181.06 on Friday. The company has a market capitalization of $164.61 billion, a PE ratio of 33.16, a price-to-earnings-growth ratio of 3.11 and a beta of 1.03. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.88 and a current ratio of 5.81. The business's fifty day moving average is $200.47 and its 200 day moving average is $185.42. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.32 by $0.09. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%. The business had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same period in the previous year, the business earned $1.17 earnings per share. The business's revenue was up 16.4% on a year-over-year basis. Sell-side analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st will be issued a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Thursday, July 31st. Texas Instruments's payout ratio is 99.63%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on TXN shares. DZ Bank reaffirmed a "sell" rating and set a $158.00 price target on shares of Texas Instruments in a research report on Wednesday, July 23rd. Barclays downgraded Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their price target for the stock from $180.00 to $125.00 in a research report on Tuesday, April 22nd. Wolfe Research raised Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 price target for the company in a research report on Monday. Sanford C. Bernstein raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 5th. Finally, Summit Insights downgraded Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and a consensus target price of $212.21.

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.

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