James Hambro & Partners LLP Reduces Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

James Hambro & Partners LLP lessened its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 7.6% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 513,247 shares of the semiconductor company's stock after selling 41,987 shares during the quarter. Texas Instruments comprises 3.8% of James Hambro & Partners LLP's investment portfolio, making the stock its 16th biggest holding. James Hambro & Partners LLP owned about 0.06% of Texas Instruments worth $92,279,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Promus Capital LLC purchased a new position in shares of Texas Instruments during the fourth quarter worth about $25,000. Summit Securities Group LLC acquired a new stake in Texas Instruments during the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Texas Instruments in the 4th quarter valued at approximately $28,000. Copia Wealth Management purchased a new position in shares of Texas Instruments in the 4th quarter valued at approximately $30,000. Finally, Quintet Private Bank Europe S.A. acquired a new position in shares of Texas Instruments in the first quarter valued at approximately $34,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Price Performance

Texas Instruments stock traded down $4.66 during trading hours on Friday, hitting $195.00. The stock had a trading volume of 5,138,164 shares, compared to its average volume of 6,378,731. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39. The stock has a market capitalization of $177.15 billion, a price-to-earnings ratio of 37.57, a PEG ratio of 3.30 and a beta of 1.00. The stock's fifty day moving average is $172.92 and its two-hundred day moving average is $182.03. 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 (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same period in the previous year, the firm earned $1.10 EPS. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were given a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 2.79%. Texas Instruments's dividend payout ratio is presently 103.23%.

Analyst Upgrades and Downgrades

TXN has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their price target on Texas Instruments from $230.00 to $195.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Citigroup upped their price objective on shares of Texas Instruments from $210.00 to $220.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. Cantor Fitzgerald reduced their target price on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a research note on Thursday, April 24th. UBS Group dropped their price target on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Finally, Sanford C. Bernstein raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Thursday, June 5th. 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. Based on data from MarketBeat, Texas Instruments presently has a consensus rating of "Hold" and an average target price of $189.86.

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.