Texas Instruments Incorporated (NASDAQ:TXN) Holdings Raised by University of Texas Texas AM Investment Management Co.

Key Points

• University of Texas Texas AM Investment Management Co. increased its stake in Texas Instruments by 27.8%, owning 40,898 shares worth approximately $7.35 million as of the latest reporting period.
• Multiple institutional investors dramatically boosted their holdings in Texas Instruments, with GAMMA Investing LLC increasing its stake by an astonishing 21,778.6% in the first quarter.
• Texas Instruments recently reported $1.41 EPS for the quarter, exceeding estimates, with revenue reaching $4.45 billion—up 16.4% year over year.

University of Texas Texas AM Investment Management Co. boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 27.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,898 shares of the semiconductor company's stock after purchasing an additional 8,898 shares during the period. Texas Instruments makes up about 1.3% of University of Texas Texas AM Investment Management Co.'s investment portfolio, making the stock its 11th biggest holding. University of Texas Texas AM Investment Management Co.'s holdings in Texas Instruments were worth $7,349,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in TXN. Shoker Investment Counsel Inc. grew its stake in shares of Texas Instruments by 1.8% in the first quarter. Shoker Investment Counsel Inc. now owns 18,620 shares of the semiconductor company's stock valued at $3,346,000 after buying an additional 330 shares in the last quarter. Carrera Capital Advisors grew its position in Texas Instruments by 17.1% in the first quarter. Carrera Capital Advisors now owns 1,451 shares of the semiconductor company's stock valued at $261,000 after acquiring an additional 212 shares in the last quarter. Metis Global Partners LLC grew its holdings in Texas Instruments by 10.4% during the 1st quarter. Metis Global Partners LLC now owns 68,219 shares of the semiconductor company's stock valued at $12,259,000 after purchasing an additional 6,400 shares in the last quarter. Ridgewood Investments LLC grew its holdings in Texas Instruments by 38.2% during the 1st quarter. Ridgewood Investments LLC now owns 8,886 shares of the semiconductor company's stock valued at $1,597,000 after purchasing an additional 2,455 shares in the last quarter. Finally, TCW Group Inc. grew its holdings in Texas Instruments by 383.8% during the 1st quarter. TCW Group Inc. now owns 235,914 shares of the semiconductor company's stock valued at $42,394,000 after purchasing an additional 187,153 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Shares of NASDAQ:TXN traded down $6.86 on Thursday, reaching $181.31. 3,635,287 shares of the company traded hands, compared to its average volume of 7,367,413. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69. The stock has a market capitalization of $164.71 billion, a PE ratio of 33.21, a P/E/G ratio of 3.14 and a beta of 1.03. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.88. The company's 50 day moving average is $200.45 and its 200-day moving average is $185.49.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.32 by $0.09. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%. The business had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same period in the prior year, the business posted $1.17 earnings per share. Texas Instruments's revenue was up 16.4% compared to the same quarter last year. As a group, analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 12th. Investors of record on Thursday, July 31st will be paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Thursday, July 31st. Texas Instruments's dividend payout ratio is currently 99.63%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TXN. Wolfe Research upgraded Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 price objective for the company in a research note on Monday. Seaport Res Ptn raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Citigroup reissued a "buy" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Arete began coverage on shares of Texas Instruments in a report on Thursday, June 26th. They set a "neutral" rating and a $203.80 price objective for the company. Finally, Summit Insights downgraded Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $212.21.

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.