Avantax Planning Partners Inc. Has $8.64 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Avantax Planning Partners Inc. increased its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 3.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 48,091 shares of the semiconductor company's stock after buying an additional 1,474 shares during the period. Avantax Planning Partners Inc.'s holdings in Texas Instruments were worth $8,642,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of TXN. Silver Oak Securities Incorporated boosted its stake in Texas Instruments by 6.8% during the 1st quarter. Silver Oak Securities Incorporated now owns 1,718 shares of the semiconductor company's stock valued at $303,000 after purchasing an additional 110 shares during the period. Calamos Advisors LLC boosted its stake in Texas Instruments by 1.0% during the 1st quarter. Calamos Advisors LLC now owns 117,072 shares of the semiconductor company's stock valued at $21,038,000 after purchasing an additional 1,167 shares during the period. Checchi Capital Advisers LLC boosted its stake in Texas Instruments by 3.3% during the 1st quarter. Checchi Capital Advisers LLC now owns 11,379 shares of the semiconductor company's stock valued at $2,045,000 after purchasing an additional 365 shares during the period. D.A. Davidson & CO. boosted its stake in Texas Instruments by 1.4% during the 1st quarter. D.A. Davidson & CO. now owns 25,142 shares of the semiconductor company's stock valued at $4,518,000 after purchasing an additional 337 shares during the period. Finally, Rosenberg Matthew Hamilton boosted its stake in Texas Instruments by 8.3% during the 1st quarter. Rosenberg Matthew Hamilton now owns 1,420 shares of the semiconductor company's stock valued at $255,000 after purchasing an additional 109 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TXN has been the subject of a number of analyst reports. Sanford C. Bernstein raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Morgan Stanley reaffirmed an "underweight" rating and issued a $148.00 price target (up from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $216.00 price target on shares of Texas Instruments in a research note on Thursday, April 24th. Arete began coverage on shares of Texas Instruments in a research note on Thursday, June 26th. They issued a "neutral" rating and a $203.80 price target for the company. Finally, Seaport Res Ptn raised shares of Texas Instruments to a "strong sell" rating in a research note on Wednesday, April 30th. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $191.49.

Texas Instruments Trading Down 0.0%

Shares of TXN stock traded down $0.03 during trading hours on Friday, reaching $215.57. 2,561,140 shares of the stock traded hands, compared to its average volume of 6,442,888. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39. The business has a fifty day moving average price of $188.48 and a 200 day moving average price of $183.28. The company has a quick ratio of 3.37, a current ratio of 5.26 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $195.83 billion, a PE ratio of 40.90, a PEG ratio of 3.52 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly 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. The business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The firm's revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.10 earnings per share. On average, equities 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. Shareholders of record on Wednesday, April 30th were paid a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.52%. Texas Instruments's dividend payout ratio is presently 103.23%.

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.