Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Albion Financial Group UT

Albion Financial Group UT raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 26.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,536 shares of the semiconductor company's stock after acquiring an additional 6,718 shares during the period. Albion Financial Group UT's holdings in Texas Instruments were worth $5,847,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Promus Capital LLC acquired a new stake in Texas Instruments during the 4th quarter valued at approximately $25,000. Summit Securities Group LLC acquired a new stake in Texas Instruments during the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Texas Instruments during the 4th quarter valued at approximately $28,000. Copia Wealth Management acquired a new stake in Texas Instruments during the 4th quarter valued at approximately $30,000. Finally, Quintet Private Bank Europe S.A. acquired a new position in shares of Texas Instruments in the 1st quarter valued at $34,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Shares of TXN opened at $207.08 on Monday. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39. The stock has a market cap of $188.13 billion, a PE ratio of 39.29, a P/E/G ratio of 3.37 and a beta of 1.00. The firm has a 50-day simple moving average of $182.58 and a two-hundred day simple moving average of $182.39. 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 quarterly 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 analysts' expectations of $3.91 billion. During the same period last year, the business 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, analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is currently 103.23%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Sanford C. Bernstein upgraded shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Benchmark decreased their target price on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a research note on Thursday, April 24th. Barclays cut shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and decreased their target price for the company from $180.00 to $125.00 in a research note on Tuesday, April 22nd. Cowen reiterated a "hold" rating on shares of Texas Instruments in a research note on Wednesday. Finally, Citigroup boosted their target price on shares of Texas Instruments from $210.00 to $220.00 and gave the company a "buy" rating in a research note on Monday, June 9th. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $191.49.

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.

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