Liberty One Investment Management LLC Has $4.51 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Liberty One Investment Management LLC raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 9.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,096 shares of the semiconductor company's stock after purchasing an additional 2,208 shares during the quarter. Liberty One Investment Management LLC's holdings in Texas Instruments were worth $4,510,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in TXN. Stratos Investment Management LLC raised its stake in shares of Texas Instruments by 28.3% in the 1st quarter. Stratos Investment Management LLC now owns 10,248 shares of the semiconductor company's stock valued at $1,842,000 after acquiring an additional 2,258 shares during the period. China Universal Asset Management Co. Ltd. boosted its stake in Texas Instruments by 16.1% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 22,484 shares of the semiconductor company's stock valued at $4,040,000 after purchasing an additional 3,117 shares during the period. Gibraltar Capital Management Inc. acquired a new position in Texas Instruments during the 1st quarter valued at about $3,504,000. Interchange Capital Partners LLC acquired a new stake in shares of Texas Instruments in the 1st quarter worth approximately $423,000. Finally, Callan Capital LLC lifted its stake in Texas Instruments by 13.3% during the first quarter. Callan Capital LLC now owns 4,065 shares of the semiconductor company's stock valued at $730,000 after purchasing an additional 476 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on TXN shares. Rosenblatt Securities reiterated a "buy" rating and issued a $216.00 price objective on shares of Texas Instruments in a research note on Thursday, April 24th. Robert W. Baird upgraded shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price objective for the company in a research note on Monday, April 7th. Cantor Fitzgerald lowered 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. Barclays lowered shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their target price for the company from $180.00 to $125.00 in a research note on Tuesday, April 22nd. Finally, Sanford C. Bernstein raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Four investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $196.91.

Texas Instruments Stock Performance

Shares of Texas Instruments stock traded up $3.22 during trading on Tuesday, reaching $216.63. The company's stock had a trading volume of 6,844,542 shares, compared to its average volume of 6,439,622. The company has a 50-day moving average price of $189.50 and a two-hundred day moving average price of $183.45. The firm has a market cap of $196.80 billion, a PE ratio of 41.11, a P/E/G ratio of 3.52 and a beta of 1.03. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. 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 (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. The business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.10 EPS. On average, analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.51%. Texas Instruments's dividend payout ratio (DPR) is 103.23%.

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.