Park Avenue Securities LLC Has $2.48 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Park Avenue Securities LLC increased its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 10.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,817 shares of the semiconductor company's stock after purchasing an additional 1,310 shares during the period. Park Avenue Securities LLC's holdings in Texas Instruments were worth $2,483,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. 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 worth $16,212,000 after purchasing an additional 27,251 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new position in shares of Texas Instruments during the 4th quarter worth about $6,544,000. Banque Pictet & Cie SA raised its holdings in shares of Texas Instruments by 0.9% in 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 purchasing an additional 18,650 shares during the period. Nicholas Hoffman & Company LLC. lifted its stake in Texas Instruments by 17.9% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 5,125 shares of the semiconductor company's stock valued at $961,000 after purchasing an additional 778 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. lifted its stake in Texas Instruments by 2.1% in 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 purchasing an additional 7,500 shares during the last quarter. Institutional investors own 84.99% of the company's stock.

Analyst Ratings Changes

TXN has been the topic of a number of recent analyst reports. Morgan Stanley reissued an "underweight" rating and set a $148.00 price target (up previously from $146.00) on shares of Texas Instruments in a research report on Thursday, April 24th. Summit Insights downgraded Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Cantor Fitzgerald dropped their price target on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Finally, Barclays downgraded shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and decreased their price objective for the company from $180.00 to $125.00 in a report on Tuesday, April 22nd. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $189.86.

Texas Instruments Price Performance

NASDAQ TXN traded down $0.65 during midday trading on Thursday, hitting $199.04. The company had a trading volume of 859,969 shares, compared to its average volume of 6,344,176. The firm has a 50-day moving average price of $171.02 and a 200-day moving average price of $182.21. The company has a market capitalization of $180.82 billion, a PE ratio of 38.35, a P/E/G ratio of 3.30 and a beta of 1.00. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. 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 posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. Texas Instruments's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.10 earnings per share. As a group, analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were paid a $1.36 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a yield of 2.73%. 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.