Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 495,548 shares of the semiconductor company's stock after purchasing an additional 11,057 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.05% of Texas Instruments worth $89,050,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Gerber Kawasaki Wealth & Investment Management lifted 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 valued at $598,000 after purchasing an additional 56 shares during the last quarter. Voya Financial Advisors Inc. lifted its position in shares of Texas Instruments by 1.6% in the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after acquiring an additional 58 shares in the last quarter. Dunhill Financial LLC lifted its position in shares of Texas Instruments by 3.7% in the 4th quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company's stock valued at $320,000 after acquiring an additional 61 shares in the last quarter. Prestige Wealth Management Group LLC lifted its position in shares of Texas Instruments by 3.7% in the 4th quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company's stock valued at $327,000 after acquiring an additional 62 shares in the last quarter. Finally, Main Street Research LLC lifted its position in shares of Texas Instruments by 3.1% in the 4th quarter. Main Street Research LLC now owns 2,110 shares of the semiconductor company's stock valued at $396,000 after acquiring an additional 63 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $198.35 on Friday. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $220.39. The firm's fifty day simple moving average is $175.96 and its 200 day simple moving average is $182.10. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $180.20 billion, a PE ratio of 37.64, a PEG ratio of 3.23 and a beta of 1.00.

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. 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 for the quarter, compared to analyst estimates of $3.91 billion. During the same period last year, the business posted $1.10 EPS. Texas Instruments's revenue was up 11.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were given 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 2.74%. Texas Instruments's dividend payout ratio is 103.23%.

Analyst Ratings Changes

TXN has been the subject of several research analyst reports. Rosenblatt Securities restated a "buy" rating and issued a $216.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. Benchmark reduced their price target on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Baird R W upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 7th. Truist Financial cut their target price on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Finally, Cantor Fitzgerald cut their target price on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $190.55.

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.

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