Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Segment Wealth Management LLC

Segment Wealth Management LLC raised its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 3.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,734 shares of the semiconductor company's stock after acquiring an additional 2,695 shares during the quarter. Segment Wealth Management LLC's holdings in Texas Instruments were worth $14,328,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in Texas Instruments by 33.4% in the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock valued at $3,158,000 after buying an additional 4,218 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new position in shares of Texas Instruments in the 4th quarter valued at about $6,544,000. Bank Pictet & Cie Europe AG raised its position in shares of Texas Instruments by 14.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 138,350 shares of the semiconductor company's stock worth $25,942,000 after acquiring an additional 17,840 shares in the last quarter. Global Retirement Partners LLC lifted its stake in Texas Instruments by 6.0% during the fourth quarter. Global Retirement Partners LLC now owns 11,911 shares of the semiconductor company's stock worth $2,233,000 after purchasing an additional 672 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in Texas Instruments by 4.3% during the fourth quarter. Private Advisor Group LLC now owns 71,197 shares of the semiconductor company's stock worth $13,350,000 after purchasing an additional 2,948 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Wall Street Analyst Weigh In

TXN has been the topic of several recent analyst reports. Summit Insights lowered shares of Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Argus upgraded shares of Texas Instruments to a "strong-buy" rating in a report on Friday, April 25th. Truist Financial cut their price target on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating on the stock in a research note on Thursday, April 24th. Barclays cut shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their price target for the company from $180.00 to $125.00 in a research report on Tuesday, April 22nd. Finally, UBS Group dropped their price objective on Texas Instruments from $225.00 to $215.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $190.55.

Texas Instruments Price Performance

Texas Instruments stock opened at $198.35 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37. The business has a 50 day simple moving average of $175.96 and a 200-day simple moving average of $182.10. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The stock has a market capitalization of $180.20 billion, a PE ratio of 37.64, a price-to-earnings-growth ratio of 3.23 and a beta of 1.00.

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 the consensus estimate of $1.06 by $0.22. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The company had revenue of $4.07 billion for the quarter, compared to analysts' expectations of $3.91 billion. During the same period in the previous year, the company posted $1.10 EPS. Texas Instruments's revenue was up 11.1% compared to the same quarter last year. Equities analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm 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. This represents a $5.44 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date was Wednesday, April 30th. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.