DekaBank Deutsche Girozentrale Acquires 25,352 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

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

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TXN. Brighton Jones LLC increased its holdings in shares of Texas Instruments by 33.4% during 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 in the last quarter. Bank Pictet & Cie Europe AG raised its position in 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 purchasing an additional 17,840 shares during the last quarter. Proficio Capital Partners LLC raised its position in 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 purchasing an additional 1,566 shares during the last quarter. Banco Santander S.A. raised its position in 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 purchasing an additional 4,803 shares during the last quarter. Finally, Personal CFO Solutions LLC raised its position in 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 purchasing an additional 276 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on TXN. TD Cowen lifted their price objective on Texas Instruments from $160.00 to $200.00 and gave the stock a "hold" rating in a research report on Wednesday, June 25th. KeyCorp lifted their price target on Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a research note on Tuesday. Argus upgraded Texas Instruments to a "strong-buy" rating in a research note on Friday, April 25th. Rosenblatt Securities reissued a "buy" rating and set a $216.00 target price on shares of Texas Instruments in a research report on Thursday, April 24th. Finally, Wells Fargo & Company set a $190.00 target price on shares of Texas Instruments and gave the stock an "equal weight" rating in a research report on Monday, June 16th. Four research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $196.91.

Texas Instruments Trading Down 0.5%

TXN stock traded down $1.08 during trading on Wednesday, reaching $215.55. The company had a trading volume of 1,132,497 shares, compared to its average volume of 6,428,724. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. The company has a market cap of $195.82 billion, a P/E ratio of 40.92, a PEG ratio of 3.48 and a beta of 1.03. The business has a 50 day moving average of $190.62 and a 200 day moving average of $183.68. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter last year, the firm earned $1.10 earnings per share. The business's revenue for the quarter was up 11.1% on a year-over-year basis. As a group, sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced 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 dividend yield of 2.52%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend 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.