LWM Advisory Services LLC Takes $401,000 Position in Texas Instruments Incorporated $TXN

Key Points

• LWM Advisory Services LLC has established a new position in Texas Instruments with 2,229 shares valued at approximately $401,000.
• Texas Instruments reported strong quarterly earnings, with an EPS of $1.41, surpassing analysts' estimates, and a revenue of $4.45 billion, reflecting a 16.4% year-over-year increase.
• The company also recently announced a quarterly dividend of $1.36 per share, representing a yield of 2.8% and indicating a high payout ratio of nearly 100%.

LWM Advisory Services LLC purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,229 shares of the semiconductor company's stock, valued at approximately $401,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Texas Instruments by 33.4% in the 4th 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 period. Bank Pictet & Cie Europe AG boosted its holdings in shares of Texas Instruments by 14.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 138,350 shares of the semiconductor company's stock worth $25,942,000 after purchasing an additional 17,840 shares during the period. XTX Topco Ltd purchased a new position in shares of Texas Instruments in the 4th quarter worth approximately $587,000. Evergreen Capital Management LLC boosted its holdings in shares of Texas Instruments by 8.7% in the 4th quarter. Evergreen Capital Management LLC now owns 8,889 shares of the semiconductor company's stock worth $1,667,000 after purchasing an additional 708 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of Texas Instruments by 3.7% in the 4th quarter. NewEdge Advisors LLC now owns 63,682 shares of the semiconductor company's stock worth $11,941,000 after purchasing an additional 2,288 shares during the period. 84.99% of the stock is owned by institutional investors.

Texas Instruments Price Performance

NASDAQ TXN traded up $0.86 during trading hours on Friday, reaching $194.57. The company's stock had a trading volume of 5,871,480 shares, compared to its average volume of 8,377,313. The firm has a market capitalization of $176.89 billion, a price-to-earnings ratio of 35.64, a P/E/G ratio of 3.18 and a beta of 1.03. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.88. The company's 50-day moving average is $201.16 and its two-hundred day moving average is $185.16.

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

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, July 31st. Texas Instruments's payout ratio is 99.63%.

Analyst Upgrades and Downgrades

TXN has been the subject of a number of research analyst reports. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. TD Cowen decreased their price target on Texas Instruments from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Wednesday, July 23rd. Seaport Res Ptn raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Citigroup reissued a "buy" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Finally, Wells Fargo & Company decreased their price target on Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 23rd. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and a consensus target price of $212.21.

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.