Sagespring Wealth Partners LLC Has $2.44 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Sagespring Wealth Partners LLC boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 15.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,590 shares of the semiconductor company's stock after buying an additional 1,819 shares during the quarter. Sagespring Wealth Partners LLC's holdings in Texas Instruments were worth $2,442,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Precedent Wealth Partners LLC raised its position in Texas Instruments by 24.6% in the first quarter. Precedent Wealth Partners LLC now owns 8,164 shares of the semiconductor company's stock valued at $1,467,000 after purchasing an additional 1,613 shares during the last quarter. Adero Partners LLC raised its position in shares of Texas Instruments by 3.6% during the first quarter. Adero Partners LLC now owns 4,121 shares of the semiconductor company's stock worth $740,000 after acquiring an additional 142 shares during the last quarter. Sowell Financial Services LLC bought a new position in shares of Texas Instruments during the first quarter worth about $729,000. Janney Montgomery Scott LLC raised its position in shares of Texas Instruments by 2.0% during the first quarter. Janney Montgomery Scott LLC now owns 179,830 shares of the semiconductor company's stock worth $32,316,000 after acquiring an additional 3,601 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC raised its position in shares of Texas Instruments by 65.5% during the first quarter. Cyndeo Wealth Partners LLC now owns 25,827 shares of the semiconductor company's stock worth $4,641,000 after acquiring an additional 10,219 shares during the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Argus upgraded Texas Instruments to a "strong-buy" rating in a research report on Friday, April 25th. Seaport Res Ptn upgraded Texas Instruments to a "strong sell" rating in a research report on Wednesday, April 30th. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. KeyCorp dropped their price target on Texas Instruments from $250.00 to $215.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Finally, Wells Fargo & Company boosted their price target on Texas Instruments from $175.00 to $190.00 and gave the company an "equal weight" rating in a research note on Monday. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $190.55.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $199.22 on Tuesday. The stock has a market cap of $180.99 billion, a P/E ratio of 38.39, a PEG ratio of 3.30 and a beta of 1.00. The company has a quick ratio of 2.88, a current ratio of 4.12 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. The business's 50-day moving average price is $173.98 and its two-hundred day moving average price is $181.90.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to analysts' expectations 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 period last year, the firm posted $1.10 EPS. As a group, equities analysts predict 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. Shareholders 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 currently 103.23%.

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.

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