NBC Securities Inc. Buys 5,213 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

NBC Securities Inc. boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 104,260.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,218 shares of the semiconductor company's stock after buying an additional 5,213 shares during the quarter. NBC Securities Inc.'s holdings in Texas Instruments were worth $937,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Promus Capital LLC purchased a new stake in shares of Texas Instruments in the fourth quarter valued at about $25,000. Financial Life Planners purchased a new position in shares of Texas Instruments during the fourth quarter valued at approximately $26,000. Summit Securities Group LLC purchased a new position in shares of Texas Instruments during the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Texas Instruments during the fourth quarter valued at approximately $28,000. Finally, Copia Wealth Management purchased a new position in shares of Texas Instruments during the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Down 0.1%

Shares of NASDAQ:TXN traded down $0.23 during trading on Thursday, reaching $190.49. 6,014,199 shares of the company traded hands, compared to its average volume of 6,332,789. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39. The firm has a fifty day simple moving average of $168.37 and a 200 day simple moving average of $182.34. The firm has a market cap of $173.05 billion, a P/E ratio of 36.70, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.22. The business had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. Texas Instruments's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.10 EPS. Analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.86%. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

Analysts Set New Price Targets

TXN has been the topic of several recent analyst reports. Robert W. Baird raised shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price objective on the stock in a research note on Monday, April 7th. JPMorgan Chase & Co. reduced their price objective on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Rosenblatt Securities reaffirmed a "buy" rating and set a $216.00 price target on shares of Texas Instruments in a research note on Thursday, April 24th. Morgan Stanley reaffirmed an "underweight" rating and set a $148.00 price target (up previously from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. Finally, Baird R W raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $189.41.

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.