Crestwood Advisors Group LLC Has $17.52 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Crestwood Advisors Group LLC grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 149.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 97,473 shares of the semiconductor company's stock after purchasing an additional 58,390 shares during the period. Crestwood Advisors Group LLC's holdings in Texas Instruments were worth $17,516,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the company. Summit Securities Group LLC bought a new position in Texas Instruments in the 4th quarter valued at approximately $27,000. Cloud Capital Management LLC purchased a new stake in Texas Instruments in the 1st quarter worth $28,000. Copia Wealth Management bought a new position in shares of Texas Instruments during the 4th quarter valued at about $30,000. Quintet Private Bank Europe S.A. bought a new position in shares of Texas Instruments during the 1st quarter valued at about $34,000. Finally, Park Square Financial Group LLC purchased a new position in Texas Instruments in the fourth quarter worth about $41,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TXN shares. Arete initiated coverage on shares of Texas Instruments in a report on Thursday, June 26th. They set a "neutral" rating and a $203.80 price objective for the company. Cantor Fitzgerald reiterated a "neutral" rating on shares of Texas Instruments in a research note on Tuesday. Morgan Stanley reaffirmed an "underweight" rating on shares of Texas Instruments in a report on Tuesday. Mizuho cut their target price on shares of Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a research note on Wednesday. Finally, DZ Bank restated a "sell" rating and set a $158.00 target price on shares of Texas Instruments in a report on Wednesday. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Texas Instruments has a consensus rating of "Hold" and an average price target of $209.20.

Texas Instruments Stock Performance

TXN traded down $0.26 during trading on Thursday, reaching $185.99. 4,462,103 shares of the company's stock were exchanged, compared to its average volume of 7,359,845. The company has a market capitalization of $168.97 billion, a P/E ratio of 34.06, a PEG ratio of 3.50 and a beta of 1.03. The business has a 50 day moving average price of $200.41 and a 200 day moving average price of $185.61. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69. The company has a quick ratio of 3.37, a current ratio of 5.26 and a debt-to-equity ratio of 0.78.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.09. The firm had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.31 billion. Texas Instruments had a return on equity of 29.90% and a net margin of 30.23%. The company's revenue was up 16.4% on a year-over-year basis. During the same period last year, the company earned $1.17 earnings per share. As a group, analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 12th. Investors of record on Thursday, July 31st will be given a $1.36 dividend. The ex-dividend date is Thursday, July 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.92%. Texas Instruments's dividend payout ratio is presently 103.23%.

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.