Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Increased by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 5.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,061 shares of the semiconductor company's stock after acquiring an additional 1,507 shares during the quarter. HighPoint Advisor Group LLC's holdings in Texas Instruments were worth $5,402,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Summit Securities Group LLC acquired a new stake in Texas Instruments in the fourth quarter valued at $27,000. Cloud Capital Management LLC acquired a new stake in Texas Instruments in the first quarter valued at $28,000. Copia Wealth Management acquired a new stake in Texas Instruments in the fourth quarter valued at $30,000. Quintet Private Bank Europe S.A. acquired a new stake in Texas Instruments in the first quarter valued at $34,000. Finally, Park Square Financial Group LLC acquired a new stake in Texas Instruments in the fourth quarter valued at $41,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

TXN has been the topic of several research reports. Seaport Res Ptn raised Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Monday. Cowen reaffirmed a "hold" rating on shares of Texas Instruments in a research note on Wednesday, June 25th. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Argus raised Texas Instruments to a "strong-buy" rating in a research note on Friday, April 25th. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Texas Instruments in a research note on Tuesday. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $209.20.

Texas Instruments Stock Down 0.1%

Shares of NASDAQ:TXN traded down $0.22 during mid-day trading on Thursday, hitting $186.03. 4,462,103 shares of the company traded hands, compared to its average volume of 7,359,845. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69. The firm's 50 day simple moving average is $200.41 and its 200 day simple moving average is $185.61. The firm has a market cap of $169.00 billion, a P/E ratio of 34.06, a PEG ratio of 3.50 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.09. Texas Instruments had a return on equity of 29.90% and a net margin of 30.23%. The company had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same period in the previous year, the business earned $1.17 EPS. Texas Instruments's revenue for the quarter was up 16.4% compared to the same quarter last year. On average, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st will be given a $1.36 dividend. The ex-dividend date of this dividend is Thursday, July 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.92%. Texas Instruments's payout ratio is 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.