TFR Capital LLC. Buys 1,384 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

TFR Capital LLC. raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 102.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,730 shares of the semiconductor company's stock after purchasing an additional 1,384 shares during the period. TFR Capital LLC.'s holdings in Texas Instruments were worth $491,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Norges Bank bought a new stake in Texas Instruments in the fourth quarter valued at $2,584,490,000. GAMMA Investing LLC raised its holdings in Texas Instruments by 21,778.6% in the 1st quarter. GAMMA Investing LLC now owns 3,422,027 shares of the semiconductor company's stock worth $614,938,000 after purchasing an additional 3,406,386 shares in the last quarter. Invesco Ltd. lifted its position in shares of Texas Instruments by 15.4% in the 4th quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock worth $2,230,086,000 after purchasing an additional 1,587,036 shares during the period. Northern Trust Corp boosted its stake in shares of Texas Instruments by 12.2% during the 4th quarter. Northern Trust Corp now owns 10,398,010 shares of the semiconductor company's stock valued at $1,949,731,000 after purchasing an additional 1,132,187 shares in the last quarter. Finally, Capital International Investors boosted its stake in shares of Texas Instruments by 26.3% during the 4th quarter. Capital International Investors now owns 5,194,675 shares of the semiconductor company's stock valued at $974,054,000 after purchasing an additional 1,080,782 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Performance

NASDAQ TXN traded up $1.59 during trading hours on Friday, hitting $221.25. The company's stock had a trading volume of 5,394,922 shares, compared to its average volume of 6,463,632. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The company's 50 day simple moving average is $194.11 and its two-hundred day simple moving average is $184.26. 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 company has a market cap of $201.00 billion, a P/E ratio of 41.98, a price-to-earnings-growth ratio of 3.60 and a beta of 1.03.

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

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.46%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's payout ratio is currently 103.23%.

Analysts Set New Price Targets

TXN has been the subject of several research analyst reports. Cowen restated a "hold" rating on shares of Texas Instruments in a report on Wednesday, June 25th. JPMorgan Chase & Co. decreased their target price on Texas Instruments from $230.00 to $195.00 and set an "overweight" rating for the company in a research 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. Stifel Nicolaus reduced their price target on Texas Instruments from $200.00 to $160.00 and set a "hold" rating on the stock in a research note on Thursday, April 17th. Finally, TD Securities reiterated a "hold" rating and issued a $160.00 price objective on shares of Texas Instruments in a report on Thursday, April 24th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $202.08.

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.