Dynamic Advisor Solutions LLC Buys New Position in Texas Instruments Incorporated (NASDAQ:TXN)

Dynamic Advisor Solutions LLC purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 36,196 shares of the semiconductor company's stock, valued at approximately $6,504,000.

A number of other institutional investors also recently modified their holdings of the company. Grant Private Wealth Management Inc increased its stake in shares of Texas Instruments by 3.2% in the 1st quarter. Grant Private Wealth Management Inc now owns 3,959 shares of the semiconductor company's stock valued at $711,000 after acquiring an additional 123 shares during the last quarter. Opal Wealth Advisors LLC bought a new stake in Texas Instruments in the first quarter valued at approximately $126,000. Byrne Asset Management LLC acquired a new stake in Texas Instruments in the first quarter worth $91,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Texas Instruments by 2.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 495,548 shares of the semiconductor company's stock worth $89,050,000 after purchasing an additional 11,057 shares in the last quarter. Finally, Tritonpoint Wealth LLC grew its holdings in shares of Texas Instruments by 19.8% in the 1st quarter. Tritonpoint Wealth LLC now owns 1,728 shares of the semiconductor company's stock valued at $310,000 after buying an additional 285 shares during the period. Institutional investors own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

TXN has been the topic of a number of research analyst reports. Mizuho set a $170.00 price target on Texas Instruments in a research report on Thursday, April 24th. Sanford C. Bernstein upgraded shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Thursday, June 5th. Truist Financial reduced their target price 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. 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, DZ Bank raised Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 price objective for the company in a research report on Friday, April 25th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $190.55.

Texas Instruments Stock Performance

NASDAQ:TXN traded up $3.70 during trading hours on Monday, reaching $198.70. The stock had a trading volume of 979,778 shares, compared to its average volume of 6,357,518. The stock has a market cap of $180.51 billion, a P/E ratio of 38.29, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00. The stock has a 50 day simple moving average of $172.92 and a 200 day simple moving average of $181.91. 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 Incorporated has a 12-month low of $139.95 and a 12-month high of $220.39.

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 analysts' consensus estimates of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to analysts' expectations of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. Texas Instruments's revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.10 EPS. On average, research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.74%. The ex-dividend date was Wednesday, April 30th. 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.