Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Boosted by Amalgamated Bank

Amalgamated Bank lifted its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 181,817 shares of the semiconductor company's stock after buying an additional 2,515 shares during the period. Amalgamated Bank's holdings in Texas Instruments were worth $32,673,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of TXN. Promus Capital LLC acquired a new position in Texas Instruments during the fourth quarter worth about $25,000. Summit Securities Group LLC acquired a new stake in Texas Instruments in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Texas Instruments during the 4th quarter valued at about $28,000. Copia Wealth Management acquired a new position in shares of Texas Instruments in the 4th quarter worth approximately $30,000. Finally, Quintet Private Bank Europe S.A. bought a new stake in shares of Texas Instruments in the 1st quarter worth approximately $34,000. Institutional investors own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

TXN has been the subject of a number of research reports. TD Cowen raised their target price on shares of Texas Instruments from $160.00 to $200.00 and gave the stock a "hold" rating in a report on Wednesday, June 25th. Barclays downgraded Texas Instruments from an "equal weight" rating to an "underweight" rating and cut their price objective for the company from $180.00 to $125.00 in a research report on Tuesday, April 22nd. TD Securities restated a "hold" rating and issued a $160.00 target price on shares of Texas Instruments in a report on Thursday, April 24th. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Finally, Truist Financial reduced their target price on Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a report on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $191.49.

Texas Instruments Stock Up 0.4%

TXN stock opened at $207.08 on Monday. The company has a 50 day moving average of $182.58 and a two-hundred day moving average of $182.39. The company has a market cap of $188.13 billion, a price-to-earnings ratio of 39.29, a PEG ratio of 3.37 and a beta of 1.00. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $220.39. The company has a quick ratio of 3.37, a current ratio of 5.26 and a debt-to-equity ratio of 0.78.

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, topping the consensus estimate of $1.06 by $0.22. The business had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. Texas Instruments's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period last year, the company earned $1.10 earnings per share. On average, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders 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 dividend yield of 2.63%. Texas Instruments's dividend payout ratio is 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.

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.