PKO Investment Management Joint Stock Co Acquires 17,588 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

PKO Investment Management Joint Stock Co boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 87.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 37,588 shares of the semiconductor company's stock after purchasing an additional 17,588 shares during the period. PKO Investment Management Joint Stock Co's holdings in Texas Instruments were worth $6,755,000 at the end of the most recent reporting period.

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

Texas Instruments Price Performance

Shares of TXN traded up $0.66 during trading hours on Wednesday, reaching $198.35. The stock had a trading volume of 3,741,956 shares, compared to its average volume of 6,382,898. The company's 50-day moving average is $174.54 and its two-hundred day moving average is $182.01. The stock has a market capitalization of $180.20 billion, a PE ratio of 37.64, a PEG ratio of 3.22 and a beta of 1.00. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results 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 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 period in the previous year, the company posted $1.10 earnings per share. The firm's revenue for the quarter was up 11.1% on a year-over-year basis. Research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders 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 dividend yield of 2.74%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio is currently 103.23%.

Wall Street Analyst Weigh In

TXN has been the topic of a number of research reports. Mizuho set a $170.00 price target on Texas Instruments in a research report on Thursday, April 24th. KeyCorp dropped their price objective on shares of Texas Instruments from $250.00 to $215.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. JPMorgan Chase & Co. dropped their price objective on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Cantor Fitzgerald raised their price target on shares of Texas Instruments from $170.00 to $200.00 and gave the company a "neutral" rating in a research note on Wednesday. Finally, Wells Fargo & Company raised their target price on Texas Instruments from $175.00 to $190.00 and gave the company an "equal weight" rating in a research report on Monday. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $191.91.

Texas Instruments Company 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.