IFP Advisors Inc Buys 6,739 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

IFP Advisors Inc grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 52.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,515 shares of the semiconductor company's stock after buying an additional 6,739 shares during the quarter. IFP Advisors Inc's holdings in Texas Instruments were worth $3,506,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of Texas Instruments by 1.8% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock worth $598,000 after purchasing an additional 56 shares during the last quarter. Voya Financial Advisors Inc. lifted its holdings in shares of Texas Instruments by 1.6% during the fourth quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock worth $686,000 after purchasing an additional 58 shares during the period. Dunhill Financial LLC lifted its holdings in shares of Texas Instruments by 3.7% during the fourth quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company's stock worth $320,000 after purchasing an additional 61 shares during the period. Prestige Wealth Management Group LLC lifted its holdings in shares of Texas Instruments by 3.7% during the fourth quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company's stock worth $327,000 after purchasing an additional 62 shares during the period. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Texas Instruments by 2.1% during the fourth quarter. Sunbelt Securities Inc. now owns 3,069 shares of the semiconductor company's stock worth $577,000 after purchasing an additional 63 shares during the period. Institutional investors own 84.99% of the company's stock.

Texas Instruments Trading Up 0.0%

Shares of NASDAQ TXN opened at $216.62 on Monday. The stock has a market cap of $196.79 billion, a P/E ratio of 41.10, a price-to-earnings-growth ratio of 3.53 and a beta of 1.03. The firm has a 50-day moving average of $199.35 and a 200 day moving average of $185.23. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $221.69. 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 announced its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to analysts' expectations of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. Texas Instruments's revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.10 EPS. As a group, sell-side analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st will be issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend is Thursday, July 31st. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. TD Securities reiterated a "hold" rating and set a $160.00 price target on shares of Texas Instruments in a report on Thursday, April 24th. Mizuho lifted their price target on shares of Texas Instruments from $170.00 to $205.00 and gave the stock a "neutral" rating in a report on Tuesday, July 8th. Seaport Res Ptn upgraded shares of Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. 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. Finally, Sanford C. Bernstein upgraded shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 5th. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $204.87.

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.

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