DekaBank Deutsche Girozentrale Grows Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

DekaBank Deutsche Girozentrale raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,114,022 shares of the semiconductor company's stock after purchasing an additional 25,352 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.12% of Texas Instruments worth $194,184,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its stake in shares of Texas Instruments by 33.4% during the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock worth $3,158,000 after acquiring an additional 4,218 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its stake in shares of Texas Instruments by 14.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 138,350 shares of the semiconductor company's stock worth $25,942,000 after acquiring an additional 17,840 shares in the last quarter. Proficio Capital Partners LLC boosted its stake in shares of Texas Instruments by 69.0% during the 4th quarter. Proficio Capital Partners LLC now owns 3,834 shares of the semiconductor company's stock worth $719,000 after acquiring an additional 1,566 shares in the last quarter. Banco Santander S.A. boosted its stake in shares of Texas Instruments by 74.5% during the 4th quarter. Banco Santander S.A. now owns 11,250 shares of the semiconductor company's stock worth $2,109,000 after acquiring an additional 4,803 shares in the last quarter. Finally, Personal CFO Solutions LLC boosted its stake in shares of Texas Instruments by 7.8% during the 4th quarter. Personal CFO Solutions LLC now owns 3,798 shares of the semiconductor company's stock worth $712,000 after acquiring an additional 276 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on TXN shares. Baird R W raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Barclays downgraded shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their price target for the stock from $180.00 to $125.00 in a research report on Tuesday, April 22nd. TD Securities restated a "hold" rating and set a $160.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. The Goldman Sachs Group began coverage on shares of Texas Instruments in a research report on Thursday. They set a "buy" rating and a $255.00 price target for the company. Finally, Cowen restated a "hold" rating on shares of Texas Instruments in a research report on Wednesday, June 25th. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Texas Instruments currently has an average rating of "Hold" and an average price target of $202.08.

Texas Instruments Trading Up 0.7%

Shares of NASDAQ TXN traded up $1.59 during midday trading on Friday, reaching $221.25. 5,394,922 shares of the stock were exchanged, compared to its average volume of 6,452,512. The company has a 50 day simple moving average of $194.11 and a 200 day simple moving average of $184.31. The stock has a market capitalization of $201.00 billion, a P/E ratio of 41.98, a PEG ratio of 3.58 and a beta of 1.03. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $221.68.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly 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. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The business's revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.10 EPS. As a group, equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

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

Texas Instruments 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.