Long Run Wealth Advisors LLC Buys 1,655 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Long Run Wealth Advisors LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 25.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,234 shares of the semiconductor company's stock after buying an additional 1,655 shares during the quarter. Long Run Wealth Advisors LLC's holdings in Texas Instruments were worth $1,480,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC increased its position in Texas Instruments by 33.4% during the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock worth $3,158,000 after purchasing an additional 4,218 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new position in Texas Instruments during the 4th quarter worth $6,544,000. Chicago Partners Investment Group LLC raised its holdings in Texas Instruments by 20.7% in the fourth quarter. Chicago Partners Investment Group LLC now owns 2,354 shares of the semiconductor company's stock valued at $451,000 after acquiring an additional 403 shares in the last quarter. Spire Wealth Management increased its position in shares of Texas Instruments by 1.8% in the 4th quarter. Spire Wealth Management now owns 4,193 shares of the semiconductor company's stock valued at $786,000 after purchasing an additional 73 shares during the last quarter. Finally, McAdam LLC raised its stake in Texas Instruments by 36.8% in the fourth quarter. McAdam LLC now owns 1,415 shares of the semiconductor company's stock valued at $265,000 after buying an additional 381 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Shares of TXN stock traded down $0.23 during trading hours on Thursday, reaching $190.49. The company's stock had a trading volume of 6,014,199 shares, compared to its average volume of 6,332,789. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The firm's 50 day simple moving average is $168.37 and its 200-day simple moving average is $182.34. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $173.05 billion, a price-to-earnings ratio of 36.70, a PEG ratio of 3.30 and a beta of 0.97.

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

Texas Instruments Dividend Announcement

The company 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 was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a yield of 2.86%. Texas Instruments's dividend payout ratio (DPR) is currently 103.23%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Seaport Res Ptn raised shares of Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. TD Securities reaffirmed a "hold" rating and issued a $160.00 price target on shares of Texas Instruments in a report on Thursday, April 24th. Stifel Nicolaus reduced their target price on shares of Texas Instruments from $200.00 to $160.00 and set a "hold" rating on the stock in a report on Thursday, April 17th. DZ Bank upgraded Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 target price for the company in a research note on Friday, April 25th. Finally, Benchmark lowered their price objective on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $189.41.

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.