CWC Advisors LLC. Raises Stake in Texas Instruments Incorporated (NASDAQ:TXN)

CWC Advisors LLC. boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 55.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,893 shares of the semiconductor company's stock after buying an additional 1,738 shares during the quarter. CWC Advisors LLC.'s holdings in Texas Instruments were worth $879,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of TXN. Mizuho Securities USA LLC lifted its stake in Texas Instruments by 46.0% during the 4th quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company's stock worth $16,212,000 after acquiring an additional 27,251 shares in the last quarter. Brighton Jones LLC increased its stake in Texas Instruments by 33.4% during the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock worth $3,158,000 after purchasing an additional 4,218 shares during the period. JARISLOWSKY FRASER Ltd increased its stake in Texas Instruments by 7.4% during the fourth quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company's stock worth $448,000 after purchasing an additional 165 shares during the period. Steward Partners Investment Advisory LLC lifted its position in shares of Texas Instruments by 6.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 61,480 shares of the semiconductor company's stock worth $11,528,000 after purchasing an additional 3,891 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Texas Instruments by 2.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 495,548 shares of the semiconductor company's stock valued at $89,050,000 after purchasing an additional 11,057 shares during the period. Hedge funds and other institutional investors own 84.99% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on TXN shares. 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. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Arete started coverage on Texas Instruments in a research note on Thursday. They issued a "neutral" rating and a $203.80 price objective on the stock. TD Securities reissued a "hold" rating and set a $160.00 target price on shares of Texas Instruments in a research note on Thursday, April 24th. Finally, DZ Bank upgraded Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 price target on the stock in a report on Friday, April 25th. Four research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $191.49.

Texas Instruments Stock Up 0.4%

NASDAQ:TXN traded up $0.77 during midday trading on Friday, hitting $207.08. 8,584,775 shares of the company were exchanged, compared to its average volume of 6,425,019. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The company has a market capitalization of $188.13 billion, a PE ratio of 39.29, a price-to-earnings-growth ratio of 3.36 and a beta of 1.00. 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 company has a fifty day simple moving average of $182.58 and a 200 day simple moving average of $182.51.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (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 company had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same quarter last year, the company posted $1.10 earnings per share. The business's quarterly revenue was up 11.1% compared to the same quarter last year. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.63%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) 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.