Stephens Inc. AR Acquires 3,129 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Stephens Inc. AR increased its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 10.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,565 shares of the semiconductor company's stock after purchasing an additional 3,129 shares during the quarter. Stephens Inc. AR's holdings in Texas Instruments were worth $6,032,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of TXN. Mizuho Securities USA LLC increased its holdings in shares of Texas Instruments by 46.0% in the 4th quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company's stock valued at $16,212,000 after purchasing an additional 27,251 shares during the period. Brighton Jones LLC lifted its position in shares of Texas Instruments by 33.4% in the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock worth $3,158,000 after buying an additional 4,218 shares during the last quarter. JARISLOWSKY FRASER Ltd grew its holdings in Texas Instruments by 7.4% during the fourth quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company's stock valued at $448,000 after purchasing an additional 165 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Texas Instruments by 2.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 495,548 shares of the semiconductor company's stock valued at $89,050,000 after purchasing an additional 11,057 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Texas Instruments by 21.8% during the first quarter. GAMMA Investing LLC now owns 19,043 shares of the semiconductor company's stock valued at $3,422,000 after purchasing an additional 3,402 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

TXN has been the topic of several analyst reports. Wells Fargo & Company increased their price target on Texas Instruments from $190.00 to $215.00 and gave the company an "equal weight" rating in a report on Wednesday. Arete Research raised Texas Instruments to a "hold" rating in a research report on Thursday, June 26th. Summit Insights cut Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Robert W. Baird raised Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price objective for the company in a research report on Monday, April 7th. Finally, Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 7th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $204.87.

Texas Instruments Price Performance

Shares of NASDAQ:TXN traded down $0.17 during midday trading on Friday, hitting $216.42. The stock had a trading volume of 2,400,369 shares, compared to its average volume of 6,447,985. The company's 50-day moving average price is $198.46 and its 200-day moving average price is $185.06. The company has a market capitalization of $196.61 billion, a P/E ratio of 41.05, a price-to-earnings-growth ratio of 3.53 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 fifty-two week low of $139.95 and a fifty-two week high of $221.69.

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

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st will be issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.51%. Texas Instruments's payout ratio is currently 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.