GHP Investment Advisors Inc. Grows Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

GHP Investment Advisors Inc. grew its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,429 shares of the semiconductor company's stock after purchasing an additional 1,475 shares during the quarter. GHP Investment Advisors Inc.'s holdings in Texas Instruments were worth $9,421,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TXN. Promus Capital LLC bought a new position in shares of Texas Instruments in the 4th quarter valued at $25,000. Summit Securities Group LLC acquired a new position in shares of Texas Instruments during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Texas Instruments in the 4th quarter valued at about $28,000. Copia Wealth Management acquired a new stake in Texas Instruments during the 4th quarter valued at approximately $30,000. Finally, Quintet Private Bank Europe S.A. acquired a new stake in shares of Texas Instruments during the first quarter worth $34,000. Institutional investors own 84.99% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on TXN shares. Citigroup boosted their price objective on Texas Instruments from $210.00 to $220.00 and gave the company a "buy" rating in a research note on Monday, June 9th. DZ Bank raised shares of Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 price target on the stock in a research report on Friday, April 25th. Cantor Fitzgerald cut their price target on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. KeyCorp cut their price objective on Texas Instruments from $250.00 to $215.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $190.55.

Texas Instruments Price Performance

NASDAQ TXN traded up $4.42 during trading hours on Tuesday, reaching $205.81. 7,580,558 shares of the stock traded hands, compared to its average volume of 6,385,663. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $220.39. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37. The stock has a 50 day simple moving average of $177.98 and a two-hundred day simple moving average of $181.98. The company has a market cap of $186.97 billion, a price-to-earnings ratio of 39.05, a price-to-earnings-growth ratio of 3.23 and a beta of 1.00.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share 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 company had revenue of $4.07 billion during the quarter, compared to analysts' expectations of $3.91 billion. During the same period in the prior year, the business posted $1.10 EPS. Texas Instruments's quarterly revenue was up 11.1% compared to the same quarter last year. On average, analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.64%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is currently 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.