Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Stratos Investment Management LLC

Stratos Investment Management LLC lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 28.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,248 shares of the semiconductor company's stock after buying an additional 2,258 shares during the period. Stratos Investment Management LLC's holdings in Texas Instruments were worth $1,842,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. lifted its position in Texas Instruments by 16.1% in the first quarter. China Universal Asset Management Co. Ltd. now owns 22,484 shares of the semiconductor company's stock worth $4,040,000 after purchasing an additional 3,117 shares during the period. Gibraltar Capital Management Inc. bought a new position in shares of Texas Instruments in the first quarter valued at $3,504,000. Interchange Capital Partners LLC bought a new position in shares of Texas Instruments in the first quarter valued at $423,000. Callan Capital LLC increased its holdings in shares of Texas Instruments by 13.3% in the first quarter. Callan Capital LLC now owns 4,065 shares of the semiconductor company's stock valued at $730,000 after buying an additional 476 shares in the last quarter. Finally, Hexagon Capital Partners LLC increased its holdings in shares of Texas Instruments by 87.0% in the first quarter. Hexagon Capital Partners LLC now owns 2,065 shares of the semiconductor company's stock valued at $371,000 after buying an additional 961 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TXN has been the topic of several recent analyst reports. Arete assumed coverage on shares of Texas Instruments in a research note on Thursday, June 26th. They set a "neutral" rating and a $203.80 target price on the stock. Wells Fargo & Company set a $190.00 target price on Texas Instruments and gave the company an "equal weight" rating in a research note on Monday, June 16th. Robert W. Baird upgraded 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. UBS Group boosted their target price on Texas Instruments from $215.00 to $245.00 and gave the company a "buy" rating in a research note on Monday. Finally, Citigroup boosted their target price on Texas Instruments from $220.00 to $260.00 and gave the company a "buy" rating in a research note on Monday. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $194.41.

Texas Instruments Trading Down 1.2%

NASDAQ:TXN opened at $213.41 on Tuesday. The company has a market cap of $193.88 billion, a P/E ratio of 40.50, a P/E/G ratio of 3.52 and a beta of 1.03. The stock's fifty day moving average price is $189.50 and its two-hundred day moving average price is $183.45. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year 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.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data 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 firm 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 company's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm earned $1.10 earnings per share. As a group, analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were issued a $1.36 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.55%. Texas Instruments's dividend payout ratio (DPR) is presently 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.

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