Texas Instruments Incorporated (NASDAQ:TXN) Holdings Increased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC increased its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 10.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 63,786 shares of the semiconductor company's stock after purchasing an additional 6,267 shares during the period. Kestra Private Wealth Services LLC's holdings in Texas Instruments were worth $11,462,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Summit Securities Group LLC purchased a new stake in Texas Instruments during the 4th quarter valued at approximately $27,000. Cloud Capital Management LLC acquired a new position in shares of Texas Instruments in the first quarter valued at approximately $28,000. Copia Wealth Management acquired a new position in shares of Texas Instruments in the fourth quarter valued at approximately $30,000. Quintet Private Bank Europe S.A. purchased a new stake in shares of Texas Instruments during the first quarter worth approximately $34,000. Finally, Park Square Financial Group LLC acquired a new stake in shares of Texas Instruments during the fourth quarter worth $41,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Trading Up 0.0%

NASDAQ:TXN traded up $0.03 on Friday, hitting $216.62. 4,535,481 shares of the stock were exchanged, compared to its average volume of 6,466,299. The stock has a fifty day moving average of $199.35 and a 200-day moving average of $185.24. The stock has a market cap of $196.79 billion, a PE ratio of 41.10, a PEG ratio of 3.53 and a beta of 1.03. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69.

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, beating the consensus estimate of $1.06 by $0.22. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The firm had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the prior year, the firm earned $1.10 EPS. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. As a group, equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Argus upgraded Texas Instruments to a "strong-buy" rating in a research report on Friday, April 25th. JPMorgan Chase & Co. lowered their price target on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Arete started coverage on shares of Texas Instruments in a research note on Thursday, June 26th. They issued a "neutral" rating and a $203.80 price objective for the company. Cowen reissued a "hold" rating on shares of Texas Instruments in a report on Wednesday, June 25th. Finally, Wells Fargo & Company upped their target price on shares of Texas Instruments from $190.00 to $215.00 and gave the stock an "equal weight" rating in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $204.87.

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.