Texas Instruments Incorporated (NASDAQ:TXN) Holdings Lifted by Van Strum & Towne Inc.

Van Strum & Towne Inc. increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 20.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,880 shares of the semiconductor company's stock after buying an additional 2,000 shares during the period. Van Strum & Towne Inc.'s holdings in Texas Instruments were worth $2,135,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TXN. Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of Texas Instruments by 1.8% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock worth $598,000 after purchasing an additional 56 shares during the period. Voya Financial Advisors Inc. grew its holdings in shares of Texas Instruments by 1.6% during the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock worth $686,000 after purchasing an additional 58 shares during the period. Dunhill Financial LLC grew its holdings in shares of Texas Instruments by 3.7% during the 4th quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company's stock worth $320,000 after purchasing an additional 61 shares during the period. Prestige Wealth Management Group LLC grew its holdings in shares of Texas Instruments by 3.7% during the 4th quarter. Prestige Wealth Management Group LLC now owns 1,745 shares of the semiconductor company's stock worth $327,000 after purchasing an additional 62 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in shares of Texas Instruments by 2.1% during the 4th quarter. Sunbelt Securities Inc. now owns 3,069 shares of the semiconductor company's stock worth $577,000 after purchasing an additional 63 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on TXN shares. Arete started coverage on Texas Instruments in a report on Thursday, June 26th. They set a "neutral" rating and a $203.80 target price for the company. DZ Bank restated a "sell" rating and issued a $158.00 price target on shares of Texas Instruments in a report on Wednesday. Stifel Nicolaus upped their price target on Texas Instruments from $160.00 to $192.00 and gave the stock a "hold" rating in a report on Friday, July 18th. Cantor Fitzgerald restated a "neutral" rating on shares of Texas Instruments in a report on Tuesday. Finally, Sanford C. Bernstein upgraded Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Thursday, June 5th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of "Hold" and a consensus price target of $209.20.

Texas Instruments Stock Performance

TXN traded down $0.22 during trading on Thursday, reaching $186.03. 4,462,103 shares of the company were exchanged, compared to its average volume of 7,359,845. The stock has a market cap of $169.00 billion, a P/E ratio of 34.06, a PEG ratio of 3.50 and a beta of 1.03. The firm has a 50 day moving average of $200.41 and a 200 day moving average of $185.61. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.09. Texas Instruments had a return on equity of 29.90% and a net margin of 30.23%. The company had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.31 billion. During the same quarter in the prior year, the business posted $1.17 earnings per share. The company's revenue for the quarter was up 16.4% compared to the same quarter last year. On average, sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 12th. Investors of record on Thursday, July 31st will be issued a dividend of $1.36 per share. The ex-dividend date is Thursday, July 31st. This represents a $5.44 annualized dividend and a yield of 2.92%. Texas Instruments's 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.