Howland Capital Management LLC Boosts Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Key Points

• Howland Capital Management LLC increased its holdings of Texas Instruments by 75.6%, acquiring an additional 2,000 shares, bringing its total to 4,645 shares valued at $835,000.
• Texas Instruments has recently been the subject of multiple analyst upgrades and downgrades, with ratings ranging from "sell" to "strong buy," reflecting varied investor sentiment on the stock.
• The company declared a quarterly dividend of $1.36, which will be paid out on August 12th, yielding 3.0% based on annualized calculations.

Howland Capital Management LLC boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 75.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,645 shares of the semiconductor company's stock after acquiring an additional 2,000 shares during the period. Howland Capital Management LLC's holdings in Texas Instruments were worth $835,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in shares of Texas Instruments by 21,778.6% during the first quarter. GAMMA Investing LLC now owns 3,422,027 shares of the semiconductor company's stock valued at $614,938,000 after purchasing an additional 3,406,386 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Texas Instruments by 2,898.0% during the first quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company's stock valued at $397,940,000 after purchasing an additional 2,140,605 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Texas Instruments by 15.4% during the fourth quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock valued at $2,230,086,000 after purchasing an additional 1,587,036 shares during the last quarter. Rothschild & Co Wealth Management UK Ltd grew its position in Texas Instruments by 1,000.6% during the first quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,287,734 shares of the semiconductor company's stock valued at $231,406,000 after buying an additional 1,170,728 shares during the period. Finally, Northern Trust Corp grew its position in Texas Instruments by 12.2% during the fourth quarter. Northern Trust Corp now owns 10,398,010 shares of the semiconductor company's stock valued at $1,949,731,000 after buying an additional 1,132,187 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Susquehanna cut their target price on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a research report on Tuesday, July 22nd. Robert W. Baird boosted their target price on shares of Texas Instruments from $175.00 to $220.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. Argus upgraded shares of Texas Instruments to a "strong-buy" rating in a research report on Friday, April 25th. Arete Research upgraded shares of Texas Instruments to a "hold" rating in a research report on Thursday, June 26th. Finally, Summit Insights lowered shares of Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $212.21.

Texas Instruments Trading Up 1.0%

Shares of Texas Instruments stock traded up $1.87 during trading on Monday, hitting $182.73. The stock had a trading volume of 4,680,126 shares, compared to its average volume of 7,901,236. The stock has a market cap of $166.13 billion, a PE ratio of 33.47, a PEG ratio of 2.97 and a beta of 1.03. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The firm's fifty day simple moving average is $200.56 and its 200-day simple moving average is $185.24. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.88.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.32 by $0.09. The company had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm's revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.17 EPS. As a group, sell-side analysts expect 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 will be paid on Tuesday, August 12th. Investors of record on Thursday, July 31st will be paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, July 31st. Texas Instruments's dividend payout ratio (DPR) is currently 99.63%.

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.