Texas Instruments Incorporated (NASDAQ:TXN) is Metropolis Capital Ltd's 3rd Largest Position

Metropolis Capital Ltd boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,465,342 shares of the semiconductor company's stock after purchasing an additional 24,779 shares during the quarter. Texas Instruments comprises approximately 9.8% of Metropolis Capital Ltd's portfolio, making the stock its 3rd biggest holding. Metropolis Capital Ltd owned approximately 0.16% of Texas Instruments worth $263,322,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TXN. Mizuho Securities USA LLC increased its position in shares of Texas Instruments by 46.0% during the 4th quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company's stock valued at $16,212,000 after purchasing an additional 27,251 shares during the last quarter. Union Bancaire Privee UBP SA purchased a new stake in shares of Texas Instruments during the 4th quarter worth approximately $6,544,000. Banque Pictet & Cie SA raised its holdings in Texas Instruments by 0.9% during the 4th quarter. Banque Pictet & Cie SA now owns 2,197,676 shares of the semiconductor company's stock valued at $412,086,000 after buying an additional 18,650 shares during the period. Nicholas Hoffman & Company LLC. raised its holdings in Texas Instruments by 17.9% during the 4th quarter. Nicholas Hoffman & Company LLC. now owns 5,125 shares of the semiconductor company's stock valued at $961,000 after buying an additional 778 shares during the period. Finally, Mn Services Vermogensbeheer B.V. raised its holdings in Texas Instruments by 2.1% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 358,784 shares of the semiconductor company's stock valued at $67,276,000 after buying an additional 7,500 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TXN has been the topic of a number of recent research reports. Robert W. Baird raised Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target on the stock in a research report on Monday, April 7th. Barclays downgraded Texas Instruments from an "equal weight" rating to an "underweight" rating and lowered their price target for the stock from $180.00 to $125.00 in a report on Tuesday, April 22nd. Sanford C. Bernstein raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 5th. KeyCorp decreased their target price on Texas Instruments from $250.00 to $215.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Finally, DZ Bank raised Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 price target for the company in a report on Friday, April 25th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $190.55.

Texas Instruments Price Performance

TXN stock traded up $4.14 during trading on Monday, hitting $199.14. The company had a trading volume of 2,728,001 shares, compared to its average volume of 7,453,726. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The company has a market cap of $180.91 billion, a P/E ratio of 38.40, a P/E/G ratio of 3.30 and a beta of 1.00. The company has a fifty day moving average price of $172.92 and a two-hundred day moving average price of $181.91. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.38.

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, beating analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the prior year, the company posted $1.10 earnings per share. The firm's revenue was up 11.1% on a year-over-year basis. Equities research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a dividend of $1.36 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.73%. Texas Instruments's payout ratio is currently 103.23%.

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.