Cwm LLC Boosts Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

CWM LLC grew its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 15.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 89,908 shares of the semiconductor company's stock after purchasing an additional 11,949 shares during the period. CWM LLC's holdings in Texas Instruments were worth $16,156,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Drystone LLC boosted its position in Texas Instruments by 1.4% during the first quarter. Drystone LLC now owns 32,308 shares of the semiconductor company's stock worth $5,806,000 after purchasing an additional 433 shares in the last quarter. TFR Capital LLC. grew its holdings in Texas Instruments by 102.8% in the first quarter. TFR Capital LLC. now owns 2,730 shares of the semiconductor company's stock valued at $491,000 after purchasing an additional 1,384 shares during the period. Hughes Financial Services LLC acquired a new stake in Texas Instruments in the first quarter valued at approximately $77,000. Stephens Inc. AR grew its holdings in Texas Instruments by 10.3% in the first quarter. Stephens Inc. AR now owns 33,565 shares of the semiconductor company's stock valued at $6,032,000 after purchasing an additional 3,129 shares during the period. Finally, Schechter Investment Advisors LLC grew its holdings in Texas Instruments by 1.2% in the first quarter. Schechter Investment Advisors LLC now owns 7,315 shares of the semiconductor company's stock valued at $1,314,000 after purchasing an additional 85 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Trading Down 0.8%

Shares of Texas Instruments stock traded down $1.72 during trading hours on Wednesday, hitting $216.64. The company's stock had a trading volume of 6,420,620 shares, compared to its average volume of 6,475,134. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $221.69. The firm has a fifty day moving average of $197.45 and a 200-day moving average of $184.86. The stock has a market cap of $196.81 billion, a price-to-earnings ratio of 41.11, a P/E/G ratio of 3.56 and a beta of 1.03. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26.

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

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 2.51%. Texas Instruments's dividend payout ratio is presently 103.23%.

Analyst Ratings Changes

TXN has been the topic of several research analyst reports. Stifel Nicolaus dropped their price objective on Texas Instruments from $200.00 to $160.00 and set a "hold" rating on the stock in a report on Thursday, April 17th. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Barclays lowered Texas Instruments from an "equal weight" rating to an "underweight" rating and dropped their price objective for the company from $180.00 to $125.00 in a report on Tuesday, April 22nd. Robert W. Baird raised Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target on the stock in a research note on Monday, April 7th. Finally, The Goldman Sachs Group began coverage on Texas Instruments in a research note on Thursday, July 10th. They issued a "buy" rating and a $255.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and an average target price of $203.53.

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.