Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Roffman Miller Associates Inc. PA

Roffman Miller Associates Inc. PA lessened its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 249,757 shares of the semiconductor company's stock after selling 3,550 shares during the period. Texas Instruments makes up 2.8% of Roffman Miller Associates Inc. PA's investment portfolio, making the stock its 11th largest holding. Roffman Miller Associates Inc. PA's holdings in Texas Instruments were worth $44,881,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in TXN. Hexagon Capital Partners LLC lifted its stake in shares of Texas Instruments by 87.0% in the first quarter. Hexagon Capital Partners LLC now owns 2,065 shares of the semiconductor company's stock valued at $371,000 after purchasing an additional 961 shares during the period. Penserra Capital Management LLC lifted its stake in shares of Texas Instruments by 31.5% in the first quarter. Penserra Capital Management LLC now owns 96,066 shares of the semiconductor company's stock valued at $17,262,000 after purchasing an additional 23,000 shares during the period. Traveka Wealth LLC lifted its stake in shares of Texas Instruments by 31.3% in the first quarter. Traveka Wealth LLC now owns 1,797 shares of the semiconductor company's stock valued at $323,000 after purchasing an additional 428 shares during the period. Cloud Capital Management LLC acquired a new stake in shares of Texas Instruments in the first quarter valued at about $28,000. Finally, McGlone Suttner Wealth Management Inc. lifted its stake in shares of Texas Instruments by 6.3% in the first quarter. McGlone Suttner Wealth Management Inc. now owns 1,538 shares of the semiconductor company's stock valued at $276,000 after purchasing an additional 91 shares during the period. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Price Performance

Texas Instruments stock opened at $215.57 on Monday. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $220.39. The firm has a 50 day moving average price of $188.48 and a 200 day moving average price of $183.27. The company 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. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The firm had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the previous year, the firm earned $1.10 earnings per share. Texas Instruments's revenue was up 11.1% compared to the same quarter last year. Sell-side 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 paid 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 is currently 103.23%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Morgan Stanley reiterated an "underweight" rating and issued a $148.00 price objective (up previously from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. JPMorgan Chase & Co. cut their target price on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. TD Cowen lifted their target price 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. DZ Bank upgraded shares of Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 target price for the company in a research report on Friday, April 25th. Finally, Rosenblatt Securities restated a "buy" rating and set a $216.00 target price on shares of Texas Instruments in a research report on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $191.49.

Texas Instruments 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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