Moloney Securities Asset Management LLC Has $2.26 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Moloney Securities Asset Management LLC trimmed its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 16.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,595 shares of the semiconductor company's stock after selling 2,425 shares during the period. Moloney Securities Asset Management LLC's holdings in Texas Instruments were worth $2,263,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Banque Pictet & Cie SA boosted its holdings in Texas Instruments by 1.3% during the first quarter. Banque Pictet & Cie SA now owns 2,226,984 shares of the semiconductor company's stock worth $400,189,000 after buying an additional 29,308 shares in the last quarter. Twelve Points Wealth Management LLC lifted its position in shares of Texas Instruments by 4.8% during the 1st quarter. Twelve Points Wealth Management LLC now owns 16,346 shares of the semiconductor company's stock valued at $2,937,000 after acquiring an additional 742 shares during the last quarter. Regents Gate Capital LLP bought a new stake in shares of Texas Instruments during the 1st quarter worth $5,643,000. Linden Thomas Advisory Services LLC grew its holdings in shares of Texas Instruments by 2.8% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 12,577 shares of the semiconductor company's stock worth $2,260,000 after acquiring an additional 345 shares during the last quarter. Finally, Greenleaf Trust raised its position in shares of Texas Instruments by 2.4% during the first quarter. Greenleaf Trust now owns 33,071 shares of the semiconductor company's stock worth $5,943,000 after purchasing an additional 777 shares during the period. 84.99% of the stock is owned by institutional investors.

Texas Instruments Stock Performance

TXN traded down $0.24 on Wednesday, hitting $216.39. The company had a trading volume of 5,229,706 shares, compared to its average volume of 6,444,821. The stock has a market cap of $196.58 billion, a price-to-earnings ratio of 41.06, a price-to-earnings-growth ratio of 3.48 and a beta of 1.03. 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 company's fifty day moving average price is $190.62 and its 200 day moving average price is $183.68. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39.

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

Texas Instruments Announces Dividend

The company also recently announced 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. This represents a $5.44 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio is 103.23%.

Analyst Ratings Changes

TXN has been the topic of a number of analyst reports. Cowen reissued a "hold" rating on shares of Texas Instruments in a research note on Wednesday, June 25th. Arete began coverage on shares of Texas Instruments in a report on Thursday, June 26th. They set a "neutral" rating and a $203.80 price target on the stock. TD Securities restated a "hold" rating and issued a $160.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. Sanford C. Bernstein upgraded shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 5th. Finally, Citigroup upped their price target on shares of Texas Instruments from $220.00 to $260.00 and gave the company a "buy" rating in a research report on Monday. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $196.91.

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.