Bank Julius Baer & Co. Ltd Zurich Has $290.78 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Bank Julius Baer & Co. Ltd Zurich lessened its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 3.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,481,468 shares of the semiconductor company's stock after selling 54,238 shares during the period. Texas Instruments makes up 1.0% of Bank Julius Baer & Co. Ltd Zurich's holdings, making the stock its 26th biggest position. Bank Julius Baer & Co. Ltd Zurich owned approximately 0.16% of Texas Instruments worth $290,781,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TXN. Summit Securities Group LLC acquired a new stake in shares of Texas Instruments in the fourth quarter valued at about $27,000. Cloud Capital Management LLC purchased a new position in Texas Instruments during the first quarter worth about $28,000. Copia Wealth Management purchased a new position in Texas Instruments during the fourth quarter worth about $30,000. Quintet Private Bank Europe S.A. purchased a new stake in shares of Texas Instruments in the 1st quarter valued at approximately $34,000. Finally, Park Square Financial Group LLC purchased a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $41,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Performance

Shares of TXN stock traded up $0.35 during trading hours on Tuesday, reaching $214.92. 11,240,684 shares of the company's stock were exchanged, compared to its average volume of 6,496,179. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69. The stock has a market capitalization of $195.25 billion, a P/E ratio of 40.78, a P/E/G ratio of 3.49 and a beta of 1.03. The business has a fifty day moving average price of $199.35 and a 200-day moving average price of $185.23. The company has a quick ratio of 3.37, a current ratio of 5.26 and a debt-to-equity ratio of 0.78.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. During the same quarter in the previous year, the firm earned $1.17 EPS. The company's revenue for the quarter was up 16.4% on a year-over-year basis. Analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st will be paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend is Thursday, July 31st. Texas Instruments's payout ratio is 103.23%.

Wall Street Analysts Forecast Growth

Several research firms have commented on TXN. Arete Research upgraded shares of Texas Instruments to a "hold" rating in a report on Thursday, June 26th. Susquehanna boosted their price target on shares of Texas Instruments from $220.00 to $250.00 and gave the stock a "positive" rating in a report on Tuesday. Arete began coverage on shares of Texas Instruments in a report on Thursday, June 26th. They set a "neutral" rating and a $203.80 price target for the company. Stifel Nicolaus boosted their price target on shares of Texas Instruments from $160.00 to $192.00 and gave the stock a "hold" rating in a report on Friday. Finally, Rosenblatt Securities restated a "buy" rating and issued a $216.00 target price on shares of Texas Instruments in a report on Thursday, April 24th. Two research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Texas Instruments currently has an average rating of "Hold" and a consensus target price of $205.28.

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.