Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 5.0% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 394,885 shares of the semiconductor company's stock after purchasing an additional 18,747 shares during the period. Asset Management One Co. Ltd.'s holdings in Texas Instruments were worth $70,961,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GHP Investment Advisors Inc. raised its position in shares of Texas Instruments by 2.9% during the 1st quarter. GHP Investment Advisors Inc. now owns 52,429 shares of the semiconductor company's stock valued at $9,421,000 after purchasing an additional 1,475 shares during the period. Blossom Wealth Management raised its holdings in Texas Instruments by 10.6% during the first quarter. Blossom Wealth Management now owns 1,257 shares of the semiconductor company's stock valued at $226,000 after acquiring an additional 120 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of Texas Instruments by 2.5% in the first quarter. Oppenheimer & Co. Inc. now owns 61,335 shares of the semiconductor company's stock valued at $11,022,000 after acquiring an additional 1,524 shares in the last quarter. Stiles Financial Services Inc boosted its stake in shares of Texas Instruments by 0.7% in the first quarter. Stiles Financial Services Inc now owns 17,531 shares of the semiconductor company's stock worth $3,150,000 after acquiring an additional 120 shares during the period. Finally, Palumbo Wealth Management LLC grew its position in shares of Texas Instruments by 42.5% during the first quarter. Palumbo Wealth Management LLC now owns 1,620 shares of the semiconductor company's stock worth $291,000 after purchasing an additional 483 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on TXN shares. Morgan Stanley reaffirmed 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. Truist Financial decreased their target price on Texas Instruments from $195.00 to $171.00 and set a "hold" rating on the stock in a research report on Thursday, April 24th. Cantor Fitzgerald cut their price target on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Barclays cut Texas Instruments from an "equal weight" rating to an "underweight" rating and decreased their price objective for the stock from $180.00 to $125.00 in a report on Tuesday, April 22nd. Finally, Seaport Res Ptn raised shares of Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $190.55.

Texas Instruments Stock Performance

Texas Instruments stock traded up $4.42 during midday trading on Tuesday, hitting $205.81. 7,580,558 shares of the company were exchanged, compared to its average volume of 6,385,663. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The firm has a market capitalization of $186.97 billion, a PE ratio of 39.05, a price-to-earnings-growth ratio of 3.23 and a beta of 1.00. The business has a fifty day simple moving average of $177.98 and a two-hundred day simple moving average of $181.98. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping 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 period in the prior year, the company posted $1.10 EPS. The company's revenue for the quarter was up 11.1% on a year-over-year basis. On average, sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm 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 2.64%. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

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.