St. Louis Financial Planners Asset Management LLC Has $2.51 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

St. Louis Financial Planners Asset Management LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 30.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,976 shares of the semiconductor company's stock after buying an additional 3,263 shares during the period. Texas Instruments makes up 1.9% of St. Louis Financial Planners Asset Management LLC's portfolio, making the stock its 14th largest holding. St. Louis Financial Planners Asset Management LLC's holdings in Texas Instruments were worth $2,512,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. China Universal Asset Management Co. Ltd. lifted its holdings in Texas Instruments by 30.4% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 19,367 shares of the semiconductor company's stock worth $3,632,000 after buying an additional 4,515 shares during the period. Mizuho Securities USA LLC grew its position in Texas Instruments by 46.0% during the 4th quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company's stock worth $16,212,000 after purchasing an additional 27,251 shares during the period. OFC Financial Planning LLC acquired a new stake in Texas Instruments during the 4th quarter worth about $338,000. Union Bancaire Privee UBP SA acquired a new stake in Texas Instruments during the 4th quarter worth about $6,544,000. Finally, Banque Pictet & Cie SA boosted its stake in shares of Texas Instruments by 0.9% during the 4th quarter. Banque Pictet & Cie SA now owns 2,197,676 shares of the semiconductor company's stock worth $412,086,000 after acquiring an additional 18,650 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Price Performance

NASDAQ:TXN traded up $1.36 during trading hours on Monday, reaching $184.21. 5,647,767 shares of the company's stock were exchanged, compared to its average volume of 6,333,965. 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 capitalization of $167.35 billion, a P/E ratio of 35.49, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The business's 50-day simple moving average is $167.94 and its two-hundred day simple moving average is $182.36.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the prior year, the firm earned $1.10 EPS. The company's revenue was up 11.1% compared to the same quarter last year. Sell-side analysts expect 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 given a $1.36 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.95%. Texas Instruments's dividend payout ratio is 103.23%.

Analyst Ratings Changes

TXN has been the topic of a number of research reports. Citigroup decreased their price target on shares of Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. JPMorgan Chase & Co. cut their price objective on Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Finally, Truist Financial reduced their price objective on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $189.41.

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.