Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Capital Advisors Inc. OK

Capital Advisors Inc. OK cut its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 19.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Texas Instruments by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company's stock valued at $17,544,800,000 after buying an additional 649,620 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Texas Instruments by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company's stock valued at $4,032,599,000 after buying an additional 267,352 shares in the last quarter. Norges Bank purchased a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $2,584,490,000. Alliancebernstein L.P. increased its position in shares of Texas Instruments by 6.9% in the fourth quarter. Alliancebernstein L.P. now owns 12,706,971 shares of the semiconductor company's stock valued at $2,382,684,000 after buying an additional 822,797 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Texas Instruments by 15.4% in the fourth quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock valued at $2,230,086,000 after buying an additional 1,587,036 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Price Performance

TXN opened at $215.57 on Monday. The stock's 50-day moving average price is $188.48 and its 200 day moving average price is $183.27. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $220.39. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. The firm has a market cap of $195.83 billion, a price-to-earnings ratio of 40.90, a PEG ratio of 3.52 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.22. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The firm had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the prior year, the company earned $1.10 EPS. Texas Instruments's revenue was up 11.1% on a year-over-year basis. As a group, sell-side analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were issued 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 2.52%. Texas Instruments's dividend payout ratio (DPR) is 103.23%.

Wall Street Analyst Weigh In

Several brokerages recently commented on TXN. Robert W. Baird upgraded Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target for the company in a research report on Monday, April 7th. Cantor Fitzgerald dropped their price target on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Barclays cut Texas Instruments from an "equal weight" rating to an "underweight" rating and dropped their price target for the stock from $180.00 to $125.00 in a research report on Tuesday, April 22nd. Arete began coverage on Texas Instruments in a research report on Thursday, June 26th. They set a "neutral" rating and a $203.80 price target for the company. Finally, Mizuho set a $170.00 price target on Texas Instruments in a research report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target 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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