PKO Investment Management Joint Stock Co Invests $3.75 Million in Texas Instruments Incorporated (NASDAQ:TXN)

PKO Investment Management Joint Stock Co purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 20,000 shares of the semiconductor company's stock, valued at approximately $3,750,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC increased its stake in shares of Texas Instruments by 33.4% during 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 in the last quarter. Drive Wealth Management LLC increased its stake in shares of Texas Instruments by 5.7% during the 4th quarter. Drive Wealth Management LLC now owns 1,353 shares of the semiconductor company's stock worth $254,000 after purchasing an additional 73 shares in the last quarter. PFG Investments LLC increased its stake in shares of Texas Instruments by 5.1% during the 4th quarter. PFG Investments LLC now owns 5,595 shares of the semiconductor company's stock worth $1,049,000 after purchasing an additional 273 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new position in shares of Texas Instruments during the 4th quarter worth approximately $6,544,000. Finally, KBC Group NV increased its stake in shares of Texas Instruments by 5.0% during the 4th quarter. KBC Group NV now owns 174,524 shares of the semiconductor company's stock worth $32,726,000 after purchasing an additional 8,304 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Argus raised shares of Texas Instruments to a "strong-buy" rating in a research note on Friday, April 25th. TD Securities reissued a "hold" rating and set a $160.00 price objective on shares of Texas Instruments in a research note on Thursday, April 24th. Baird R W raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Benchmark dropped their price objective on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Finally, Stifel Nicolaus lowered their target price on shares of Texas Instruments from $200.00 to $160.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. Four investment analysts have rated the stock with a sell rating, eleven have assigned 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 has an average rating of "Hold" and a consensus price target of $189.41.

Texas Instruments Stock Down 2.2%

TXN stock traded down $4.14 during trading on Friday, reaching $180.85. The stock had a trading volume of 15,099,736 shares, compared to its average volume of 6,347,945. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $164.30 billion, a P/E ratio of 34.85, a PEG ratio of 3.30 and a beta of 0.97. The firm has a fifty day moving average price of $167.94 and a 200 day moving average price of $182.68.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The firm had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the previous year, the business posted $1.10 EPS. The firm's revenue was up 11.1% compared to the same quarter last year. On average, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

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 $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 3.01%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's payout ratio is currently 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.