Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Silverberg Bernstein Capital Management LLC

Silverberg Bernstein Capital Management LLC increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 53.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,828 shares of the semiconductor company's stock after buying an additional 11,400 shares during the quarter. Texas Instruments accounts for approximately 5.5% of Silverberg Bernstein Capital Management LLC's holdings, making the stock its 7th largest holding. Silverberg Bernstein Capital Management LLC's holdings in Texas Instruments were worth $5,899,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in Texas Instruments by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company's stock worth $17,544,800,000 after purchasing an additional 649,620 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Texas Instruments by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company's stock worth $4,032,599,000 after acquiring an additional 267,352 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Texas Instruments by 11.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company's stock worth $4,029,115,000 after purchasing an additional 2,237,035 shares in the last quarter. Norges Bank acquired a new position in Texas Instruments during the fourth quarter worth $2,584,490,000. Finally, Alliancebernstein L.P. increased its stake in Texas Instruments by 6.9% in the 4th quarter. Alliancebernstein L.P. now owns 12,706,971 shares of the semiconductor company's stock valued at $2,382,684,000 after buying an additional 822,797 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TXN. Cantor Fitzgerald lowered their target price on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a research report on Thursday, April 24th. Wells Fargo & Company dropped their price objective on Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. KeyCorp reduced their price objective on shares of Texas Instruments from $250.00 to $215.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. UBS Group reduced their target price on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Finally, Truist Financial lowered their price target on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $189.41.

Texas Instruments Price Performance

TXN stock traded up $2.64 during trading on Wednesday, reaching $190.72. 5,778,967 shares of the company were exchanged, compared to its average volume of 6,337,594. The company has a market capitalization of $173.26 billion, a price-to-earnings ratio of 36.75, a P/E/G ratio of 3.30 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The company has a 50-day moving average of $168.08 and a two-hundred day moving average of $182.28. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to analysts' expectations of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. Texas Instruments's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.10 earnings per share. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.85%. Texas Instruments's dividend payout ratio (DPR) 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.