Berry Wealth Group LP Boosts Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Berry Wealth Group LP boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 211.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,367 shares of the semiconductor company's stock after buying an additional 2,286 shares during the period. Berry Wealth Group LP's holdings in Texas Instruments were worth $605,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Mizuho Securities USA LLC grew its position in shares of Texas Instruments by 46.0% in the fourth quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company's stock valued at $16,212,000 after purchasing an additional 27,251 shares in the last quarter. Mn Services Vermogensbeheer B.V. grew its position in shares of Texas Instruments by 2.1% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 358,784 shares of the semiconductor company's stock valued at $67,276,000 after purchasing an additional 7,500 shares in the last quarter. Brighton Jones LLC grew its position in shares of Texas Instruments by 33.4% in the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock valued at $3,158,000 after purchasing an additional 4,218 shares in the last quarter. JARISLOWSKY FRASER Ltd grew its position in shares of Texas Instruments by 7.4% in the fourth quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company's stock valued at $448,000 after purchasing an additional 165 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its position in shares of Texas Instruments by 6.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 61,480 shares of the semiconductor company's stock valued at $11,528,000 after purchasing an additional 3,891 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Cantor Fitzgerald dropped their price target on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Rosenblatt Securities restated a "buy" rating and issued a $216.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. UBS Group dropped 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. Finally, Wells Fargo & Company set a $190.00 target price on Texas Instruments and gave the stock an "equal weight" rating in a research note on Monday, June 16th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $190.55.

Texas Instruments Trading Up 1.6%

Shares of NASDAQ TXN opened at $201.39 on Tuesday. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. The stock has a fifty day simple moving average of $177.98 and a 200-day simple moving average of $181.98. The stock has a market capitalization of $182.96 billion, a PE ratio of 38.21, a PEG ratio of 3.23 and a beta of 1.00.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.06 by $0.22. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The firm had revenue of $4.07 billion during the quarter, compared to analysts' expectations of $3.91 billion. During the same period in the previous year, the firm posted $1.10 EPS. Texas Instruments's revenue for the quarter was up 11.1% on a year-over-year basis. On average, equities analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.70%. Texas Instruments's payout ratio is 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.

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