Brooklyn FI LLC Invests $959,000 in Texas Instruments Incorporated (NASDAQ:TXN)

Brooklyn FI LLC bought a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,800 shares of the semiconductor company's stock, valued at approximately $959,000.

Other institutional investors have also made changes to their positions in the company. Blossom Wealth Management increased its position in Texas Instruments by 5.1% during the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock valued at $213,000 after acquiring an additional 55 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management increased its position in Texas Instruments by 1.8% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock valued at $598,000 after acquiring an additional 56 shares during the last quarter. OLD Second National Bank of Aurora increased its position in Texas Instruments by 11.1% during the fourth quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company's stock valued at $107,000 after acquiring an additional 57 shares during the last quarter. Voya Financial Advisors Inc. increased its position in Texas Instruments by 1.6% during the fourth quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after acquiring an additional 58 shares during the last quarter. Finally, Avitas Wealth Management LLC increased its position in Texas Instruments by 0.5% during the fourth quarter. Avitas Wealth Management LLC now owns 10,835 shares of the semiconductor company's stock valued at $2,032,000 after acquiring an additional 59 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TXN has been the subject of a number of research reports. UBS Group reduced their price objective 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. TD Securities restated a "hold" rating and issued a $160.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. Mizuho set a $170.00 price target on Texas Instruments in a research report on Thursday, April 24th. Seaport Res Ptn upgraded Texas Instruments to a "strong sell" rating in a research report on Wednesday, April 30th. Finally, Morgan Stanley restated an "underweight" rating and issued a $148.00 price target (up previously from $146.00) on shares of Texas Instruments in a research report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $189.41.

Texas Instruments Trading Down 2.2%

TXN traded down $4.14 during trading on Friday, hitting $180.85. 15,099,736 shares of the stock were exchanged, compared to its average volume of 6,347,945. The firm has a 50 day simple moving average of $167.94 and a 200 day simple moving average of $182.68. The firm has a market cap of $164.30 billion, a price-to-earnings ratio of 34.85, a P/E/G ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year 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 quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. Texas Instruments's quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the business posted $1.10 EPS. As a group, equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were issued a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.01%. Texas Instruments's dividend payout ratio is presently 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.