Texas Instruments Incorporated (NASDAQ:TXN) Holdings Raised by Brighton Jones LLC

Brighton Jones LLC grew its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 12.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,008 shares of the semiconductor company's stock after purchasing an additional 2,168 shares during the period. Brighton Jones LLC's holdings in Texas Instruments were worth $3,416,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TXN. Promus Capital LLC acquired a new position in Texas Instruments during the 4th quarter worth approximately $25,000. Summit Securities Group LLC purchased a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in Texas Instruments during the fourth quarter worth $28,000. Copia Wealth Management purchased a new position in Texas Instruments in the fourth quarter worth $30,000. Finally, Quintet Private Bank Europe S.A. acquired a new stake in Texas Instruments in the first quarter valued at $34,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Analyst Upgrades and Downgrades

TXN has been the topic of a number of recent analyst reports. Baird R W raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Sanford C. Bernstein raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Citigroup upped their price target on Texas Instruments from $210.00 to $220.00 and gave the stock a "buy" rating in a report on Monday, June 9th. KeyCorp reduced their price objective on Texas Instruments from $250.00 to $215.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $216.00 target price on shares of Texas Instruments in a report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $189.86.

Texas Instruments Price Performance

Shares of TXN stock traded down $4.66 during midday trading on Friday, reaching $195.00. 5,138,164 shares of the company were exchanged, compared to its average volume of 6,378,731. The company's 50 day moving average price is $172.92 and its two-hundred day moving average price is $182.03. The company has a market cap of $177.15 billion, a P/E ratio of 37.57, a PEG ratio of 3.30 and a beta of 1.00. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

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 for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The firm had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the prior year, the firm posted $1.10 earnings per share. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. On average, sell-side analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

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