Integrated Advisors Network LLC Lowers Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Integrated Advisors Network LLC trimmed its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 7.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,475 shares of the semiconductor company's stock after selling 1,950 shares during the period. Integrated Advisors Network LLC's holdings in Texas Instruments were worth $4,398,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of TXN. Promus Capital LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at $25,000. Summit Securities Group LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at $28,000. Copia Wealth Management acquired a new position in Texas Instruments during the fourth quarter worth $30,000. Finally, Atala Financial Inc acquired a new position in Texas Instruments during the fourth quarter worth $37,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Trading Down 2.3%

Shares of TXN traded down $4.66 during mid-day trading on Friday, reaching $195.00. The stock had a trading volume of 5,138,164 shares, compared to its average volume of 6,378,731. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $220.39. The business's fifty day moving average is $172.92 and its 200 day moving average is $182.15. The firm has a market cap of $177.15 billion, a price-to-earnings ratio of 37.57, a P/E/G ratio of 3.30 and a beta of 1.00.

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 net margin of 30.68% and a return on equity of 28.08%. The firm had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the prior year, the firm posted $1.10 earnings per share. Texas Instruments's quarterly revenue was up 11.1% on a year-over-year basis. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.79%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

Analyst Ratings Changes

A number of research firms have weighed in on TXN. TD Securities restated a "hold" rating and set a $160.00 price objective on shares of Texas Instruments in a research report on Thursday, April 24th. 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. Cantor Fitzgerald reduced their price objective on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. KeyCorp reduced their price objective on shares of Texas Instruments from $250.00 to $215.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Finally, Seaport Res Ptn upgraded shares of Texas Instruments to a "strong sell" rating in a research report on Wednesday, April 30th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $189.86.

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.