Astoria Portfolio Advisors LLC. Has $374,000 Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Astoria Portfolio Advisors LLC. decreased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 37.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,084 shares of the semiconductor company's stock after selling 1,270 shares during the period. Astoria Portfolio Advisors LLC.'s holdings in Texas Instruments were worth $374,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TXN. Brighton Jones LLC increased its stake in Texas Instruments by 33.4% during the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock valued at $3,158,000 after buying an additional 4,218 shares during the period. Bank Pictet & Cie Europe AG lifted its position in Texas Instruments by 14.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 138,350 shares of the semiconductor company's stock worth $25,942,000 after buying an additional 17,840 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Texas Instruments during the fourth quarter valued at $28,000. Modera Wealth Management LLC grew its stake in shares of Texas Instruments by 3.6% in the 4th quarter. Modera Wealth Management LLC now owns 9,188 shares of the semiconductor company's stock valued at $1,723,000 after buying an additional 320 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in Texas Instruments by 39.4% in the fourth quarter. Jones Financial Companies Lllp now owns 60,611 shares of the semiconductor company's stock valued at $11,365,000 after acquiring an additional 17,141 shares during the last quarter. 84.99% of the stock is owned by institutional investors.

Texas Instruments Trading Down 0.1%

Shares of TXN traded down $0.11 during trading hours on Thursday, hitting $215.48. 844,999 shares of the stock traded hands, compared to its average volume of 7,315,038. The business has a fifty day moving average of $186.36 and a 200-day moving average of $182.92. The firm has a market capitalization of $195.75 billion, a PE ratio of 40.90, a price-to-earnings-growth ratio of 3.43 and a beta of 1.03. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.38. 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 (NASDAQ:TXN - Get Free Report) last released its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating 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 company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the prior year, the company posted $1.10 EPS. The company's revenue was up 11.1% compared to the same quarter last year. Analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's payout ratio is presently 103.23%.

Analysts Set New Price Targets

A number of brokerages have weighed in on TXN. Summit Insights cut Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Barclays cut shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and decreased their price target for the company from $180.00 to $125.00 in a report on Tuesday, April 22nd. Argus upgraded Texas Instruments to a "strong-buy" rating in a research note on Friday, April 25th. Seaport Res Ptn upgraded shares of Texas Instruments to a "strong sell" rating in a research note on Wednesday, April 30th. Finally, Truist Financial decreased their price objective on Texas Instruments from $195.00 to $171.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Texas Instruments presently has an average rating of "Hold" and a consensus price target of $191.49.

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.