Signaturefd LLC Boosts Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Signaturefd LLC raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 13.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,592 shares of the semiconductor company's stock after purchasing an additional 2,510 shares during the quarter. Signaturefd LLC's holdings in Texas Instruments were worth $3,880,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Gerber Kawasaki Wealth & Investment Management grew its position in Texas Instruments by 1.8% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock valued at $598,000 after acquiring an additional 56 shares during the last quarter. Voya Financial Advisors Inc. lifted its stake in Texas Instruments by 1.6% in the fourth quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after buying an additional 58 shares during the period. Dunhill Financial LLC increased its holdings in shares of Texas Instruments by 3.7% during the fourth quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company's stock valued at $320,000 after acquiring an additional 61 shares in the last quarter. Prestige Wealth Management Group LLC increased its holdings in shares of Texas Instruments by 3.7% during the fourth quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company's stock valued at $327,000 after acquiring an additional 62 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in shares of Texas Instruments by 2.1% during the fourth quarter. Sunbelt Securities Inc. now owns 3,069 shares of the semiconductor company's stock valued at $577,000 after acquiring an additional 63 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on TXN shares. The Goldman Sachs Group started coverage on Texas Instruments in a research report on Thursday, July 10th. They issued a "buy" rating and a $255.00 price target for the company. Baird R W upgraded Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Robert W. Baird upgraded Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target for the company in a research note on Monday, April 7th. Wells Fargo & Company set a $190.00 price target on Texas Instruments and gave the stock an "equal weight" rating in a research note on Monday, June 16th. Finally, Summit Insights downgraded Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $202.49.

Texas Instruments Stock Down 0.6%

Shares of TXN stock traded down $1.22 during mid-day trading on Tuesday, reaching $218.83. 1,272,728 shares of the company's stock traded hands, compared to its average volume of 6,436,291. The company's 50-day moving average price is $195.26 and its 200-day moving average price is $184.40. The company has a market cap of $198.80 billion, a P/E ratio of 41.51, a P/E/G ratio of 3.60 and a beta of 1.03. The company has a quick ratio of 3.37, a current ratio of 5.26 and a debt-to-equity ratio of 0.78. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.06 by $0.22. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the previous year, the firm posted $1.10 earnings per share. Texas Instruments's quarterly revenue was up 11.1% on a year-over-year basis. On average, equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed 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. This represents a $5.44 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's payout ratio 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.