BDF Gestion Lowers Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

BDF Gestion reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 58.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,314 shares of the semiconductor company's stock after selling 31,848 shares during the quarter. BDF Gestion's holdings in Texas Instruments were worth $4,010,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of TXN. Promus Capital LLC acquired a new position in Texas Instruments during the fourth quarter worth $25,000. Summit Securities Group LLC acquired a new position in shares of Texas Instruments in the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Texas Instruments in the fourth quarter worth $28,000. Copia Wealth Management acquired a new position in Texas Instruments in the fourth quarter valued at $30,000. Finally, Quintet Private Bank Europe S.A. acquired a new position in Texas Instruments in the first quarter valued at $34,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Trading Down 2.3%

Texas Instruments stock opened at $195.00 on Monday. The business's 50-day simple moving average is $172.92 and its 200-day simple moving average is $181.91. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The firm has a market capitalization of $177.15 billion, a PE ratio of 37.57, a PEG ratio of 3.30 and a beta of 1.00. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping 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 return on equity of 28.08% and a net margin of 30.68%. Texas Instruments's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.10 EPS. Equities research analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.79%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio is 103.23%.

Wall Street Analyst Weigh In

TXN has been the subject of several analyst reports. Rosenblatt Securities reiterated a "buy" rating and issued a $216.00 target price on shares of Texas Instruments in a research note on Thursday, April 24th. UBS Group lowered their price target on Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Seaport Res Ptn raised Texas Instruments to a "strong sell" rating in a research report on Wednesday, April 30th. Robert W. Baird raised Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target for the company in a research report on Monday, April 7th. Finally, TD Securities reaffirmed a "hold" rating and issued a $160.00 target price on shares of Texas Instruments in a research report on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of "Hold" and an average target price of $189.86.

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.

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