Moloney Securities Asset Management LLC Lowers Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Moloney Securities Asset Management LLC lessened its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 16.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,595 shares of the semiconductor company's stock after selling 2,425 shares during the quarter. Moloney Securities Asset Management LLC's holdings in Texas Instruments were worth $2,263,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in TXN. Summit Securities Group LLC purchased a new stake in shares of Texas Instruments in the fourth quarter worth about $27,000. Cloud Capital Management LLC purchased a new stake in shares of Texas Instruments in the first quarter worth about $28,000. Copia Wealth Management purchased a new stake in shares of Texas Instruments in the fourth quarter worth about $30,000. Quintet Private Bank Europe S.A. purchased a new stake in shares of Texas Instruments in the first quarter worth about $34,000. Finally, Atala Financial Inc purchased a new stake in shares of Texas Instruments in the fourth quarter worth about $37,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on TXN. Argus upgraded Texas Instruments to a "strong-buy" rating in a research note on Friday, April 25th. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. TD Cowen upped their price target on Texas Instruments from $160.00 to $200.00 and gave the stock a "hold" rating in a report on Wednesday, June 25th. 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. Finally, Cantor Fitzgerald reduced their price target on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Texas Instruments currently has a consensus rating of "Hold" and an average target price of $200.20.

Texas Instruments Price Performance

Shares of NASDAQ:TXN traded up $4.08 during midday trading on Thursday, hitting $220.47. The company had a trading volume of 1,869,026 shares, compared to its average volume of 6,437,634. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.75. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37. The stock has a market cap of $200.29 billion, a price-to-earnings ratio of 41.82, a price-to-earnings-growth ratio of 3.53 and a beta of 1.03. The business's 50-day simple moving average is $191.75 and its 200-day simple moving average is $183.91.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.06 by $0.22. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The firm had revenue of $4.07 billion during the quarter, compared to analysts' expectations of $3.91 billion. During the same quarter last year, the firm earned $1.10 earnings per share. The business's revenue for the quarter was up 11.1% on a year-over-year basis. On average, research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were given a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.47%. Texas Instruments's payout ratio is 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.