Capital Advisors Inc. OK Sells 41,199 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Capital Advisors Inc. OK lessened its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 19.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 165,676 shares of the semiconductor company's stock after selling 41,199 shares during the quarter. Capital Advisors Inc. OK's holdings in Texas Instruments were worth $29,772,000 as of its most recent SEC filing.

Several other large investors 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% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock valued at $598,000 after acquiring an additional 56 shares during the last quarter. Voya Financial Advisors Inc. raised its holdings 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 purchasing an additional 58 shares during the period. Dunhill Financial LLC lifted its stake in 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 purchasing an additional 61 shares during the last quarter. Prestige Wealth Management Group LLC grew its holdings in Texas Instruments by 3.7% during the fourth quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company's stock worth $327,000 after purchasing an additional 62 shares during the period. Finally, Main Street Research LLC increased its position in Texas Instruments by 3.1% during the fourth quarter. Main Street Research LLC now owns 2,110 shares of the semiconductor company's stock worth $396,000 after buying an additional 63 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on TXN. Seaport Res Ptn raised Texas Instruments to a "strong sell" rating in a research report on Wednesday, April 30th. TD Cowen lifted their price objective on shares of Texas Instruments from $160.00 to $200.00 and gave the stock a "hold" rating in a research report on Wednesday, June 25th. Morgan Stanley reiterated an "underweight" rating and issued a $148.00 price objective (up from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Citigroup raised their target price on shares of Texas Instruments from $220.00 to $260.00 and gave the stock a "buy" rating in a research note on Monday. Finally, Summit Insights lowered shares of Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $194.41.

Texas Instruments Price Performance

NASDAQ:TXN traded down $2.61 during mid-day trading on Monday, reaching $213.41. The stock had a trading volume of 5,220,687 shares, compared to its average volume of 6,437,997. 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 $193.88 billion, a PE ratio of 40.50, a P/E/G ratio of 3.52 and a beta of 1.03. 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 stock has a 50-day simple moving average of $188.48 and a two-hundred day simple moving average of $183.27.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period last year, the company posted $1.10 EPS. On average, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were given a dividend of $1.36 per share. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.55%. 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.