1,735 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Purchased by SFE Investment Counsel

SFE Investment Counsel bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 1,735 shares of the semiconductor company's stock, valued at approximately $312,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kestra Private Wealth Services LLC increased its stake in Texas Instruments by 10.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock valued at $11,462,000 after purchasing an additional 6,267 shares in the last quarter. Gries Financial LLC purchased a new position in Texas Instruments in the 1st quarter valued at approximately $243,000. Brighton Jones LLC increased its stake in Texas Instruments by 33.4% in the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock valued at $3,158,000 after purchasing an additional 4,218 shares in the last quarter. JARISLOWSKY FRASER Ltd grew its holdings in Texas Instruments by 7.4% during the 4th quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company's stock valued at $448,000 after buying an additional 165 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Texas Instruments by 2.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 495,548 shares of the semiconductor company's stock valued at $89,050,000 after buying an additional 11,057 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on TXN shares. Wells Fargo & Company lowered their target price on Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating on the stock in a report on Wednesday. Arete Research upgraded Texas Instruments to a "hold" rating in a report on Thursday, June 26th. TD Securities reiterated a "hold" rating and set a $160.00 target price on shares of Texas Instruments in a report on Thursday, April 24th. Seaport Res Ptn upgraded Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Monday. Finally, TD Cowen reduced their price target on Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Texas Instruments currently has a consensus rating of "Hold" and an average target price of $211.40.

Texas Instruments Stock Down 0.4%

NASDAQ TXN traded down $0.70 during trading hours on Friday, hitting $184.99. The company had a trading volume of 7,026,213 shares, compared to its average volume of 6,968,143. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69. The company has a market capitalization of $168.06 billion, a price-to-earnings ratio of 33.88, a P/E/G ratio of 3.06 and a beta of 1.03. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.37. The firm's 50 day moving average is $200.37 and its 200 day moving average is $185.56.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.09. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%. The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same period in the prior year, the firm earned $1.17 EPS. The firm's quarterly 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 fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 12th. Investors of record on Thursday, July 31st will be issued a $1.36 dividend. The ex-dividend date is Thursday, July 31st. This represents a $5.44 annualized dividend and a yield of 2.94%. Texas Instruments's dividend payout ratio 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.