Foresight Capital Management Advisors Inc. Makes New $2.26 Million Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Foresight Capital Management Advisors Inc. purchased a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 12,564 shares of the semiconductor company's stock, valued at approximately $2,258,000.

A number of other hedge funds also recently bought and sold shares of the company. Rowlandmiller & PARTNERS.ADV boosted its stake in Texas Instruments by 5.5% in the 1st quarter. Rowlandmiller & PARTNERS.ADV now owns 12,851 shares of the semiconductor company's stock worth $2,309,000 after purchasing an additional 665 shares in the last quarter. CX Institutional boosted its stake in Texas Instruments by 13.7% in the 1st quarter. CX Institutional now owns 4,094 shares of the semiconductor company's stock worth $736,000 after purchasing an additional 493 shares in the last quarter. Sarasin & Partners LLP bought a new position in Texas Instruments in the 1st quarter worth about $22,943,000. Petredis Investment Advisors LLC boosted its stake in Texas Instruments by 1.4% in the 1st quarter. Petredis Investment Advisors LLC now owns 12,823 shares of the semiconductor company's stock worth $2,304,000 after purchasing an additional 171 shares in the last quarter. Finally, Curated Wealth Partners LLC boosted its stake in Texas Instruments by 4.0% in the 1st quarter. Curated Wealth Partners LLC now owns 7,299 shares of the semiconductor company's stock worth $1,312,000 after purchasing an additional 279 shares in the last quarter. Institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded down $4.66 during mid-day trading on Friday, reaching $195.00. 5,138,164 shares of the company traded hands, compared to its average volume of 6,378,731. The company's 50 day moving average price is $172.92 and its 200-day moving average price is $182.03. The firm has a market cap of $177.15 billion, a PE ratio of 37.57, a PEG ratio of 3.30 and a beta of 1.00. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The firm's revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.10 EPS. On average, equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders 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 annualized dividend and a yield of 2.79%. Texas Instruments's payout ratio is 103.23%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Summit Insights cut shares of Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Citigroup boosted their target price on Texas Instruments from $210.00 to $220.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. KeyCorp decreased their target price on Texas Instruments from $250.00 to $215.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Mizuho set a $170.00 target price on Texas Instruments in a research report on Thursday, April 24th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $216.00 target price on shares of Texas Instruments in a research report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of "Hold" and a consensus target price of $189.86.

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.