Jacobson & Schmitt Advisors LLC Buys 2,089 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Jacobson & Schmitt Advisors LLC increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,622 shares of the semiconductor company's stock after acquiring an additional 2,089 shares during the quarter. Texas Instruments comprises approximately 2.0% of Jacobson & Schmitt Advisors LLC's holdings, making the stock its 29th largest holding. Jacobson & Schmitt Advisors LLC's holdings in Texas Instruments were worth $9,636,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank acquired a new stake in Texas Instruments during the fourth quarter worth $2,584,490,000. GAMMA Investing LLC boosted its stake in Texas Instruments by 21,778.6% during the first quarter. GAMMA Investing LLC now owns 3,422,027 shares of the semiconductor company's stock worth $614,938,000 after buying an additional 3,406,386 shares in the last quarter. Invesco Ltd. boosted its stake in Texas Instruments by 15.4% during the fourth quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock worth $2,230,086,000 after buying an additional 1,587,036 shares in the last quarter. Northern Trust Corp boosted its stake in Texas Instruments by 12.2% during the fourth quarter. Northern Trust Corp now owns 10,398,010 shares of the semiconductor company's stock worth $1,949,731,000 after buying an additional 1,132,187 shares in the last quarter. Finally, Capital International Investors boosted its stake in Texas Instruments by 26.3% during the fourth quarter. Capital International Investors now owns 5,194,675 shares of the semiconductor company's stock worth $974,054,000 after buying an additional 1,080,782 shares in the last quarter. Institutional investors own 84.99% of the company's stock.

Texas Instruments Trading Up 0.0%

Texas Instruments stock traded up $0.03 during trading hours on Friday, reaching $216.62. 4,535,481 shares of the company's stock traded hands, compared to its average volume of 6,459,906. 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 fifty-two week low of $139.95 and a fifty-two week high of $221.69. The firm has a market capitalization of $196.79 billion, a price-to-earnings ratio of 41.10, a PEG ratio of 3.53 and a beta of 1.03. The firm's 50 day moving average is $199.35 and its 200-day moving average is $185.26.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) 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 company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the prior year, the company posted $1.10 EPS. The company's revenue was up 11.1% compared to the same quarter last year. On average, analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st will be paid a $1.36 dividend. The ex-dividend date is Thursday, July 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.51%. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on TXN shares. Arete Research upgraded shares of Texas Instruments to a "hold" rating in a research note on Thursday, June 26th. Baird R W upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. KeyCorp boosted their target price on shares of Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Robert W. Baird upgraded shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 target price on the stock in a research note on Monday, April 7th. Finally, Truist Financial reduced their target price on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating on the stock in a research note on Thursday, April 24th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Texas Instruments has an average rating of "Hold" and an average price target of $204.87.

About Texas Instruments

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.