Guyasuta Investment Advisors Inc. Raises Position in Texas Instruments Incorporated (NASDAQ:TXN)

Guyasuta Investment Advisors Inc. grew its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 141,980 shares of the semiconductor company's stock after buying an additional 2,854 shares during the period. Texas Instruments makes up about 1.7% of Guyasuta Investment Advisors Inc.'s investment portfolio, making the stock its 19th largest holding. Guyasuta Investment Advisors Inc.'s holdings in Texas Instruments were worth $25,514,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TXN. Promus Capital LLC purchased a new position in Texas Instruments in the fourth quarter worth about $25,000. Summit Securities Group LLC purchased a new position in Texas Instruments in the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Texas Instruments in the fourth quarter worth about $28,000. Copia Wealth Management purchased a new position in shares of Texas Instruments during the fourth quarter valued at approximately $30,000. Finally, Quintet Private Bank Europe S.A. purchased a new position in shares of Texas Instruments during the first quarter valued at approximately $34,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Performance

TXN opened at $198.20 on Friday. The firm has a market cap of $180.06 billion, a P/E ratio of 37.61, a PEG ratio of 3.23 and a beta of 1.00. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39. The company has a 50 day simple moving average of $176.97 and a two-hundred day simple moving average of $182.00. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. The business had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The company's revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.10 earnings per share. Equities analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Citigroup boosted their price objective on shares of Texas Instruments from $210.00 to $220.00 and gave the company a "buy" rating in a report on Monday, June 9th. Cantor Fitzgerald decreased their price objective on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Seaport Res Ptn raised shares of Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. Wells Fargo & Company set a $190.00 price objective on shares of Texas Instruments and gave the company an "equal weight" rating in a report on Monday, June 16th. Finally, KeyCorp decreased their price objective on shares of Texas Instruments from $250.00 to $215.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. 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 given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of "Hold" and a consensus target price of $190.55.

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.

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