Lifeworks Advisors LLC Purchases 1,445 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Lifeworks Advisors LLC grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 9.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,752 shares of the semiconductor company's stock after acquiring an additional 1,445 shares during the period. Lifeworks Advisors LLC's holdings in Texas Instruments were worth $3,010,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Geode Capital Management LLC increased its stake in Texas Instruments by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company's stock valued at $4,032,599,000 after acquiring an additional 267,352 shares during the last quarter. Norges Bank bought a new position in shares of Texas Instruments during the fourth quarter valued at about $2,584,490,000. Alliancebernstein L.P. grew its stake in shares of Texas Instruments by 6.9% during the fourth quarter. Alliancebernstein L.P. now owns 12,706,971 shares of the semiconductor company's stock valued at $2,382,684,000 after buying an additional 822,797 shares during the last quarter. Invesco Ltd. grew its stake in shares of Texas Instruments by 15.4% during the fourth quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock valued at $2,230,086,000 after buying an additional 1,587,036 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Texas Instruments by 12.2% in the fourth quarter. Northern Trust Corp now owns 10,398,010 shares of the semiconductor company's stock worth $1,949,731,000 after purchasing an additional 1,132,187 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Performance

NASDAQ:TXN traded down $0.70 during trading hours on Friday, reaching $184.99. The company had a trading volume of 7,026,213 shares, compared to its average volume of 6,968,143. The company has a current ratio of 5.81, a quick ratio of 3.37 and a debt-to-equity ratio of 0.86. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69. The firm has a market cap of $168.06 billion, a price-to-earnings ratio of 33.88, a PEG ratio of 3.06 and a beta of 1.03. The firm's 50 day moving average price is $200.30 and its 200-day moving average price is $185.52.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter in the previous year, the firm posted $1.17 EPS. The company's revenue for the quarter was up 16.4% compared to the same quarter last year. On average, analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed 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. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date is Thursday, July 31st. Texas Instruments's payout ratio is 99.63%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. KeyCorp raised their target price on Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Baird R W upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Barclays lowered shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and lowered their price objective for the stock from $180.00 to $125.00 in a report on Tuesday, April 22nd. Morgan Stanley restated an "underweight" rating on shares of Texas Instruments in a report on Tuesday. Finally, Cowen restated a "hold" rating on shares of Texas Instruments in a report on Wednesday, June 25th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $211.40.

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.