Mutual Advisors LLC Has $2.17 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

Mutual Advisors LLC lessened its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 13.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,065 shares of the semiconductor company's stock after selling 1,815 shares during the period. Mutual Advisors LLC's holdings in Texas Instruments were worth $2,168,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of TXN. Brighton Jones LLC grew its stake 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 last quarter. Bank Pictet & Cie Europe AG lifted its stake in Texas Instruments by 14.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 138,350 shares of the semiconductor company's stock valued at $25,942,000 after acquiring an additional 17,840 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in shares of Texas Instruments by 69.0% in the fourth quarter. Proficio Capital Partners LLC now owns 3,834 shares of the semiconductor company's stock worth $719,000 after buying an additional 1,566 shares during the last quarter. Promus Capital LLC acquired a new stake in shares of Texas Instruments in the fourth quarter worth $25,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Texas Instruments in the fourth quarter worth $295,665,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Stock Down 1.2%

Shares of NASDAQ TXN traded down $2.65 during trading hours on Monday, hitting $213.37. The company had a trading volume of 2,186,658 shares, compared to its average volume of 7,286,912. The stock has a market capitalization of $193.84 billion, a P/E ratio of 40.49, a price-to-earnings-growth ratio of 3.52 and a beta of 1.03. 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 1-year low of $139.95 and a 1-year high of $220.38. The firm's 50 day moving average is $188.48 and its 200-day moving average is $183.27.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (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 business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter last year, the firm posted $1.10 EPS. The company's quarterly revenue was up 11.1% on a year-over-year basis. On average, 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 announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio is currently 103.23%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TXN. Wells Fargo & Company set a $190.00 target price on shares of Texas Instruments and gave the stock an "equal weight" rating in a research report on Monday, June 16th. Cantor Fitzgerald lowered their target price on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Seaport Res Ptn upgraded shares of Texas Instruments to a "strong sell" rating in a research report on Wednesday, April 30th. Mizuho set a $170.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. Finally, KeyCorp cut their target price on shares of Texas Instruments from $250.00 to $215.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Four analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $192.74.

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.