Guyasuta Investment Advisors Inc. Buys 2,854 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Guyasuta Investment Advisors Inc. grew its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 141,980 shares of the semiconductor company's stock after buying an additional 2,854 shares during the quarter. 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.

Other institutional investors have also made changes to their positions in the company. Gerber Kawasaki Wealth & Investment Management raised its stake in shares of Texas Instruments by 1.8% in the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock valued at $598,000 after acquiring an additional 56 shares in the last quarter. Voya Financial Advisors Inc. grew its holdings in Texas Instruments by 1.6% in the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after buying an additional 58 shares during the last quarter. Dunhill Financial LLC grew its holdings in Texas Instruments by 3.7% in the 4th quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company's stock valued at $320,000 after buying an additional 61 shares during the last quarter. Prestige Wealth Management Group LLC grew its holdings in Texas Instruments by 3.7% in the 4th quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company's stock valued at $327,000 after buying an additional 62 shares during the last quarter. Finally, Main Street Research LLC grew its holdings in Texas Instruments by 3.1% in the 4th quarter. Main Street Research LLC now owns 2,110 shares of the semiconductor company's stock valued at $396,000 after buying an additional 63 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Stifel Nicolaus lowered their target price on Texas Instruments from $200.00 to $160.00 and set a "hold" rating on the stock in a report on Thursday, April 17th. TD Cowen lifted their price objective on Texas Instruments from $160.00 to $200.00 and gave the stock a "hold" rating in a report on Wednesday. Finally, Wells Fargo & Company set a $190.00 price objective on Texas Instruments and gave the stock an "equal weight" rating in a report on Monday, June 16th. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $190.96.

Texas Instruments Price Performance

NASDAQ TXN traded down $0.43 during trading on Wednesday, reaching $205.38. The company's stock had a trading volume of 4,747,626 shares, compared to its average volume of 6,401,064. The stock has a market capitalization of $186.58 billion, a PE ratio of 38.97, a P/E/G ratio of 3.35 and a beta of 1.00. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37. The firm has a fifty day moving average of $179.07 and a 200 day moving average of $182.15. Texas Instruments Incorporated has a one year low of $139.95 and a one year 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. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The firm had revenue of $4.07 billion for the quarter, compared to analysts' expectations of $3.91 billion. During the same period last year, the firm earned $1.10 earnings per share. The company's revenue for the quarter was up 11.1% compared to the same quarter last year. Analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors 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 dividend yield of 2.65%. Texas Instruments's payout ratio is presently 103.23%.

Texas Instruments Company 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.