Robeco Institutional Asset Management B.V. Trims Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Robeco Institutional Asset Management B.V. decreased its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 6.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 81,127 shares of the semiconductor company's stock after selling 5,206 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Texas Instruments were worth $14,579,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Promus Capital LLC bought a new position in Texas Instruments in the fourth quarter valued at about $25,000. Summit Securities Group LLC purchased a new stake in shares of Texas Instruments during the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Texas Instruments in the 4th quarter worth approximately $28,000. Copia Wealth Management purchased a new position in shares of Texas Instruments in the fourth quarter worth approximately $30,000. Finally, Quintet Private Bank Europe S.A. bought a new stake in Texas Instruments during the first quarter valued at approximately $34,000. Institutional investors own 84.99% of the company's stock.

Texas Instruments Price Performance

TXN stock traded up $0.58 during trading on Monday, hitting $207.66. 381,382 shares of the company's stock traded hands, compared to its average volume of 6,391,569. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. The stock has a market capitalization of $188.65 billion, a price-to-earnings ratio of 39.40, a P/E/G ratio of 3.37 and a beta of 1.00. The business has a fifty day simple moving average of $182.58 and a 200 day simple moving average of $182.39. 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 announced 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. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The firm 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 earned $1.10 EPS. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a dividend of $1.36 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.62%. Texas Instruments's payout ratio is presently 103.23%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TXN. TD Securities reiterated a "hold" rating and set a $160.00 price target on shares of Texas Instruments in a research note on Thursday, April 24th. Mizuho set a $170.00 target price on Texas Instruments in a research report on Thursday, April 24th. Benchmark cut their price target on Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Robert W. Baird raised Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price objective on the stock in a research note on Monday, April 7th. Finally, UBS Group lowered their price objective on Texas Instruments from $225.00 to $215.00 and set a "buy" rating on the stock in a research report on Thursday, April 24th. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and a consensus target price of $191.49.

About Texas Instruments

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.