Planning Alternatives Ltd. ADV Purchases Shares of 1,798 Texas Instruments Incorporated (NASDAQ:TXN)

Key Points

• Planning Alternatives Ltd. ADV has acquired 1,798 shares of Texas Instruments, valued at approximately $323,000, during the first quarter, according to its recent 13F filing.
• Texas Instruments reported earnings of $1.41 per share, exceeding estimates, with revenue of $4.45 billion for the quarter, up 16.4% year-over-year.
• The company will pay a quarterly dividend of $1.36 per share on August 12, representing an annualized yield of 2.9%, but has a high dividend payout ratio of 99.63%.

Planning Alternatives Ltd. ADV purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,798 shares of the semiconductor company's stock, valued at approximately $323,000.

A number of other hedge funds have also bought and sold shares of TXN. Kestra Private Wealth Services LLC increased its stake in shares of Texas Instruments by 10.9% in the first quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock worth $11,462,000 after acquiring an additional 6,267 shares during the period. Gries Financial LLC acquired a new stake in shares of Texas Instruments in the first quarter worth $243,000. Brighton Jones LLC increased its stake in shares of Texas Instruments by 33.4% in the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock worth $3,158,000 after acquiring an additional 4,218 shares during the period. JARISLOWSKY FRASER Ltd increased its stake in shares of Texas Instruments by 7.4% in the fourth quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company's stock worth $448,000 after acquiring an additional 165 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Texas Instruments by 2.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 495,548 shares of the semiconductor company's stock worth $89,050,000 after acquiring an additional 11,057 shares during the period. Institutional investors and hedge funds own 84.99% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on TXN. Susquehanna cut their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating on the stock in a research note on Tuesday, July 22nd. BNP Paribas upgraded shares of Texas Instruments to a "strong sell" rating in a research report on Wednesday, July 23rd. Cowen restated a "hold" rating on shares of Texas Instruments in a research report on Wednesday, June 25th. Arete Research upgraded shares of Texas Instruments to a "hold" rating in a research report on Thursday, June 26th. Finally, Cantor Fitzgerald restated a "neutral" rating on shares of Texas Instruments in a research report on Tuesday, July 22nd. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $212.21.

Texas Instruments Price Performance

Texas Instruments stock opened at $185.40 on Wednesday. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69. The stock has a market cap of $168.55 billion, a P/E ratio of 33.96, a PEG ratio of 3.00 and a beta of 1.03. The company has a 50-day moving average price of $200.73 and a 200 day moving average price of $185.17. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.31 billion. During the same period last year, the business earned $1.17 earnings per share. Texas Instruments's revenue was up 16.4% compared to the same quarter last year. Sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st will be given a dividend of $1.36 per share. The ex-dividend date is Thursday, July 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.9%. Texas Instruments's dividend payout ratio (DPR) is currently 99.63%.

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.

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