Secured Retirement Advisors LLC Purchases New Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Secured Retirement Advisors LLC bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,296 shares of the semiconductor company's stock, valued at approximately $233,000.

Several other large investors have also recently added to or reduced their stakes in TXN. Summit Securities Group LLC acquired a new position in shares of Texas Instruments during the fourth quarter worth about $27,000. Cloud Capital Management LLC acquired a new stake in Texas Instruments in the first quarter valued at approximately $28,000. Copia Wealth Management purchased a new position in Texas Instruments in the fourth quarter worth approximately $30,000. Quintet Private Bank Europe S.A. acquired a new position in Texas Instruments during the 1st quarter worth approximately $34,000. Finally, Atala Financial Inc acquired a new position in Texas Instruments during the 4th quarter worth approximately $37,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TXN. JPMorgan Chase & Co. dropped their price objective on Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Morgan Stanley reiterated an "underweight" rating and issued a $148.00 price target (up from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. Barclays cut shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and cut their price objective for the stock from $180.00 to $125.00 in a report on Tuesday, April 22nd. UBS Group upped their target price on shares of Texas Instruments from $215.00 to $245.00 and gave the company a "buy" rating in a report on Monday, July 7th. Finally, Citigroup lifted their price target on shares of Texas Instruments from $220.00 to $260.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $202.08.

Texas Instruments Stock Performance

Shares of TXN stock traded up $1.59 during midday trading on Friday, hitting $221.25. The company had a trading volume of 5,394,922 shares, compared to its average volume of 6,463,632. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37. The company's 50 day simple moving average is $194.11 and its 200 day simple moving average is $184.26. The stock has a market cap of $201.00 billion, a price-to-earnings ratio of 41.98, a PEG ratio of 3.60 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted 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 firm had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. Texas Instruments's quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm posted $1.10 EPS. Research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were paid a dividend of $1.36 per share. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.46%. Texas Instruments's dividend payout ratio (DPR) is 103.23%.

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.