Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. grew its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 34.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,896 shares of the semiconductor company's stock after buying an additional 2,555 shares during the quarter. Vise Technologies Inc.'s holdings in Texas Instruments were worth $1,856,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Promus Capital LLC purchased a new stake in Texas Instruments during the 4th quarter worth about $25,000. Financial Life Planners purchased a new stake in Texas Instruments during the 4th quarter worth about $26,000. Summit Securities Group LLC purchased a new stake in Texas Instruments during the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Texas Instruments during the 4th quarter worth about $28,000. Finally, Atala Financial Inc purchased a new stake in Texas Instruments during the 4th quarter worth about $37,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Stock Performance

TXN stock traded up $0.10 during trading on Thursday, hitting $184.25. The company had a trading volume of 1,340,616 shares, compared to its average volume of 6,293,176. The firm has a market cap of $167.38 billion, a PE ratio of 35.49, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. 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 $168.01 and a 200-day moving average price of $183.11. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

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 the consensus estimate of $1.06 by $0.22. The business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The company's quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.10 EPS. On average, analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's payout ratio is currently 103.23%.

Analysts Set New Price Targets

A number of brokerages have issued reports on TXN. Cantor Fitzgerald decreased their price target on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Truist Financial decreased their price target on Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a report on Thursday, April 24th. UBS Group decreased their price target on Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Citigroup cut their target price on Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Finally, Argus upgraded Texas Instruments to a "strong-buy" rating in a research report on Friday, April 25th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $189.41.

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.