Sarasin & Partners LLP Makes New $22.94 Million Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Sarasin & Partners LLP bought a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 127,674 shares of the semiconductor company's stock, valued at approximately $22,943,000.

Several other large investors also recently bought and sold shares of TXN. Mizuho Securities USA LLC grew its position in Texas Instruments by 46.0% during the fourth quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company's stock valued at $16,212,000 after buying an additional 27,251 shares during the period. Union Bancaire Privee UBP SA purchased a new stake in shares of Texas Instruments in the fourth quarter worth $6,544,000. Banque Pictet & Cie SA grew its position in shares of Texas Instruments by 0.9% during the fourth quarter. Banque Pictet & Cie SA now owns 2,197,676 shares of the semiconductor company's stock worth $412,086,000 after purchasing an additional 18,650 shares in the last quarter. Nicholas Hoffman & Company LLC. lifted its stake in Texas Instruments by 17.9% in the 4th quarter. Nicholas Hoffman & Company LLC. now owns 5,125 shares of the semiconductor company's stock worth $961,000 after purchasing an additional 778 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. increased its stake in Texas Instruments by 2.1% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 358,784 shares of the semiconductor company's stock worth $67,276,000 after acquiring an additional 7,500 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Down 0.7%

Shares of NASDAQ TXN traded down $1.38 during trading hours on Friday, hitting $198.29. 1,262,647 shares of the stock were exchanged, compared to its average volume of 6,340,079. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The firm has a fifty day moving average price of $171.94 and a 200-day moving average price of $182.19. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The company has a market cap of $180.14 billion, a PE ratio of 38.18, a PEG ratio of 3.30 and a beta of 1.00.

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, beating the consensus estimate of $1.06 by $0.22. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The firm had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the prior year, the business posted $1.10 EPS. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. On average, sell-side analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current 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 dividend of $1.36 per share. 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 2.74%. Texas Instruments's payout ratio is 103.23%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on TXN shares. Stifel Nicolaus dropped their target price on Texas Instruments from $200.00 to $160.00 and set a "hold" rating for the company in a report on Thursday, April 17th. Summit Insights lowered shares of Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Citigroup upped their price target on shares of Texas Instruments from $210.00 to $220.00 and gave the company a "buy" rating in a report on Monday. Morgan Stanley reissued an "underweight" rating and issued a $148.00 price objective (up previously from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. Finally, Benchmark reduced their price target on Texas Instruments from $230.00 to $200.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Texas Instruments currently has a consensus rating of "Hold" and a consensus target price of $189.86.

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.