Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC reduced its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 18.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,938 shares of the semiconductor company's stock after selling 8,423 shares during the period. Moody Lynn & Lieberson LLC's holdings in Texas Instruments were worth $6,638,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Gerber Kawasaki Wealth & Investment Management raised its position in Texas Instruments by 1.8% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock worth $598,000 after acquiring an additional 56 shares in the last quarter. Voya Financial Advisors Inc. increased its holdings in shares of Texas Instruments by 1.6% in the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after purchasing an additional 58 shares in the last quarter. Dunhill Financial LLC lifted its stake in shares of Texas Instruments by 3.7% in the fourth quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company's stock valued at $320,000 after purchasing an additional 61 shares during the period. Prestige Wealth Management Group LLC boosted its holdings in Texas Instruments by 3.7% during the fourth quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company's stock worth $327,000 after buying an additional 62 shares in the last quarter. Finally, Main Street Research LLC boosted its holdings in Texas Instruments by 3.1% during the fourth quarter. Main Street Research LLC now owns 2,110 shares of the semiconductor company's stock worth $396,000 after buying an additional 63 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on TXN. Citigroup boosted their price target on Texas Instruments from $210.00 to $220.00 and gave the stock a "buy" rating in a research note on Monday, June 9th. DZ Bank raised shares of Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 price target on the stock in a report on Friday, April 25th. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. TD Cowen raised their price target on Texas Instruments from $160.00 to $200.00 and gave the stock a "hold" rating in a research report on Wednesday, June 25th. Finally, Sanford C. Bernstein upgraded Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 5th. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $191.49.

Texas Instruments Stock Up 2.4%

Shares of NASDAQ TXN traded up $5.14 during trading on Wednesday, reaching $215.59. 5,532,067 shares of the stock were exchanged, compared to its average volume of 6,419,237. The company has a market capitalization of $195.86 billion, a price-to-earnings ratio of 40.91, a price-to-earnings-growth ratio of 3.38 and a beta of 1.03. The business's 50-day moving average price is $185.09 and its 200 day moving average price is $182.69. The company has a quick ratio of 3.37, a current ratio of 5.26 and a debt-to-equity ratio of 0.78. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39.

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

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.52%. Texas Instruments's dividend payout ratio (DPR) is 103.23%.

Texas Instruments Profile

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.