Texas Instruments Incorporated (NASDAQ:TXN) Holdings Raised by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 11.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,065,818 shares of the semiconductor company's stock after purchasing an additional 108,139 shares during the quarter. Texas Instruments accounts for approximately 0.5% of Mirae Asset Global Investments Co. Ltd.'s portfolio, making the stock its 27th biggest position. Mirae Asset Global Investments Co. Ltd. owned about 0.12% of Texas Instruments worth $180,268,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gerber Kawasaki Wealth & Investment Management grew its stake in Texas Instruments by 1.8% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock worth $598,000 after buying an additional 56 shares during the period. Voya Financial Advisors Inc. boosted its position in Texas Instruments by 1.6% during the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock worth $686,000 after purchasing an additional 58 shares during the period. Dunhill Financial LLC boosted its position in Texas Instruments by 3.7% during the 4th quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company's stock worth $320,000 after purchasing an additional 61 shares during the period. Prestige Wealth Management Group LLC boosted its position in Texas Instruments by 3.7% during the 4th quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company's stock worth $327,000 after purchasing an additional 62 shares during the period. Finally, Main Street Research LLC boosted its position in Texas Instruments by 3.1% during the 4th quarter. Main Street Research LLC now owns 2,110 shares of the semiconductor company's stock worth $396,000 after purchasing an additional 63 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TXN has been the subject of several analyst reports. TD Cowen upped their target price on Texas Instruments from $160.00 to $200.00 and gave the stock a "hold" rating in a research report on Wednesday. Argus raised Texas Instruments to a "strong-buy" rating in a report on Friday, April 25th. Arete started coverage on Texas Instruments in a report on Thursday. They issued a "neutral" rating and a $203.80 price target for the company. Arete Research upgraded Texas Instruments to a "hold" rating in a research note on Thursday. Finally, Seaport Res Ptn upgraded Texas Instruments to a "strong sell" rating in a research note on Wednesday, April 30th. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $191.49.

Texas Instruments Stock Performance

Shares of NASDAQ TXN traded up $0.77 during mid-day trading on Friday, hitting $207.08. The company had a trading volume of 8,584,775 shares, compared to its average volume of 6,425,019. The stock has a market cap of $188.13 billion, a price-to-earnings ratio of 39.29, a PEG ratio of 3.36 and a beta of 1.00. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37. The firm's 50 day simple moving average is $182.58 and its two-hundred day simple moving average is $182.51.

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

Texas Instruments Dividend Announcement

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