Courier Capital LLC Buys New Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Courier Capital LLC bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 13,576 shares of the semiconductor company's stock, valued at approximately $2,440,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Promus Capital LLC bought a new position in shares of Texas Instruments during the 4th quarter worth about $25,000. Summit Securities Group LLC acquired a new stake in Texas Instruments during the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Texas Instruments during the fourth quarter valued at about $28,000. Copia Wealth Management acquired a new position in Texas Instruments in the 4th quarter valued at approximately $30,000. Finally, Atala Financial Inc acquired a new position in Texas Instruments in the 4th quarter valued at approximately $37,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Rosenblatt Securities restated a "buy" rating and set a $216.00 price objective on shares of Texas Instruments in a research report on Thursday, April 24th. DZ Bank upgraded shares of Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 price target on the stock in a research note on Friday, April 25th. UBS Group dropped their price objective on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Truist Financial cut their price target on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Finally, TD Securities restated a "hold" rating and issued a $160.00 target price on shares of Texas Instruments in a research note on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $189.86.

Texas Instruments Price Performance

Shares of TXN traded up $3.08 during trading hours on Tuesday, reaching $202.29. 6,236,869 shares of the company's stock traded hands, compared to its average volume of 6,353,721. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The stock has a market cap of $183.77 billion, a PE ratio of 38.98, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00. The firm's 50 day simple moving average is $169.29 and its 200-day simple moving average is $181.95.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating 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 business had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter last year, the business posted $1.10 earnings per share. The company's revenue for the quarter was up 11.1% on a year-over-year basis. Equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were paid 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 2.69%. Texas Instruments's dividend payout ratio (DPR) is 103.23%.

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.