Fiera Capital Corp Purchases 25,760 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Fiera Capital Corp boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 110.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,071 shares of the semiconductor company's stock after purchasing an additional 25,760 shares during the quarter. Fiera Capital Corp's holdings in Texas Instruments were worth $8,818,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cloud Capital Management LLC purchased a new position in shares of Texas Instruments in the 1st quarter valued at about $28,000. Copia Wealth Management acquired a new stake in Texas Instruments in the 4th quarter valued at about $30,000. Quintet Private Bank Europe S.A. acquired a new stake in Texas Instruments in the 1st quarter valued at about $34,000. Park Square Financial Group LLC acquired a new stake in Texas Instruments in the 4th quarter valued at about $41,000. Finally, Accredited Wealth Management LLC acquired a new stake in Texas Instruments in the 4th quarter valued at about $47,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Price Performance

Texas Instruments stock traded down $0.20 during midday trading on Friday, hitting $180.86. The company's stock had a trading volume of 6,622,415 shares, compared to its average volume of 7,408,316. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. The stock's 50-day moving average price is $200.47 and its 200-day moving average price is $185.42. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The company has a market capitalization of $164.43 billion, a PE ratio of 33.12, a price-to-earnings-growth ratio of 3.11 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm had revenue of $4.45 billion for the quarter, compared to analysts' expectations of $4.31 billion. During the same period in the previous year, the business earned $1.17 earnings per share. Texas Instruments's revenue for the quarter was up 16.4% compared to the same quarter last year. Analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, July 31st. Texas Instruments's payout ratio is 99.63%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Cowen reissued a "hold" rating on shares of Texas Instruments in a research note on Wednesday, June 25th. Citigroup restated a "buy" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Cantor Fitzgerald reiterated a "neutral" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. The Goldman Sachs Group began coverage on shares of Texas Instruments in a research note on Thursday, July 10th. They set a "buy" rating and a $255.00 price objective on the stock. Finally, KeyCorp lifted their price objective on shares of Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments currently has a consensus rating of "Hold" and an average target price of $212.21.

Texas Instruments 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.