E. Ohman J or Asset Management AB Cuts Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

E. Ohman J or Asset Management AB lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,680 shares of the semiconductor company's stock after selling 1,980 shares during the period. E. Ohman J or Asset Management AB's holdings in Texas Instruments were worth $7,130,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in Texas Instruments by 33.4% in the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock worth $3,158,000 after purchasing an additional 4,218 shares during the period. Union Bancaire Privee UBP SA acquired a new position in shares of Texas Instruments during the 4th quarter worth about $6,544,000. Sargent Investment Group LLC acquired a new position in shares of Texas Instruments during the 4th quarter worth about $426,000. Stratos Wealth Partners LTD. raised its holdings in shares of Texas Instruments by 3.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 47,918 shares of the semiconductor company's stock valued at $8,985,000 after purchasing an additional 1,564 shares during the period. Finally, Stratos Wealth Advisors LLC raised its holdings in shares of Texas Instruments by 10.8% in the 4th quarter. Stratos Wealth Advisors LLC now owns 1,340 shares of the semiconductor company's stock valued at $251,000 after purchasing an additional 131 shares during the period. Institutional investors own 84.99% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TXN. DZ Bank raised shares of Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 target price on the stock in a report on Friday, April 25th. KeyCorp lowered their price target on shares of Texas Instruments from $250.00 to $215.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Seaport Res Ptn raised shares of Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. Baird R W raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Finally, Summit Insights cut shares of Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $189.86.

Texas Instruments Trading Up 3.5%

NASDAQ TXN traded up $6.79 during mid-day trading on Monday, reaching $199.21. 6,867,547 shares of the stock were exchanged, compared to its average volume of 6,354,156. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $220.39. The stock has a 50 day simple moving average of $168.87 and a 200-day simple moving average of $181.94. The stock has a market cap of $180.98 billion, a P/E ratio of 38.38, a P/E/G ratio of 3.30 and a beta of 1.00. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter last year, the firm earned $1.10 earnings per share. Texas Instruments's quarterly revenue was up 11.1% on a year-over-year basis. On average, analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS 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 paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.73%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is currently 103.23%.

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.