Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 21.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,043 shares of the semiconductor company's stock after acquiring an additional 3,402 shares during the quarter. GAMMA Investing LLC's holdings in Texas Instruments were worth $3,422,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Promus Capital LLC purchased a new position in Texas Instruments in the 4th quarter valued at approximately $25,000. Summit Securities Group LLC purchased a new stake in Texas Instruments during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Texas Instruments in the fourth quarter valued at $28,000. Copia Wealth Management purchased a new position in shares of Texas Instruments in the fourth quarter valued at $30,000. Finally, Atala Financial Inc acquired a new position in shares of Texas Instruments during the 4th quarter worth $37,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Trading Up 0.4%

TXN opened at $207.08 on Friday. The firm has a market capitalization of $188.13 billion, a P/E ratio of 39.29, a P/E/G ratio of 3.36 and a beta of 1.00. The firm's 50 day moving average is $182.58 and its 200-day moving average is $182.51. 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 Incorporated has a 52-week low of $139.95 and a 52-week high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. The firm had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The firm's revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.10 EPS. Analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were given a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.63%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's payout ratio is currently 103.23%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on TXN shares. Summit Insights cut shares of Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Rosenblatt Securities reiterated a "buy" rating and issued a $216.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. Arete assumed coverage on shares of Texas Instruments in a research note on Thursday. They set a "neutral" rating and a $203.80 price objective for the company. Sanford C. Bernstein raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Finally, Cowen reiterated a "hold" rating on shares of Texas Instruments in a report on Wednesday. Four investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $191.49.

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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