Vontobel Holding Ltd. Purchases 3,766 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Vontobel Holding Ltd. boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 6.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,798 shares of the semiconductor company's stock after purchasing an additional 3,766 shares during the period. Vontobel Holding Ltd.'s holdings in Texas Instruments were worth $10,925,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Texas Instruments by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company's stock worth $17,544,800,000 after acquiring an additional 649,620 shares in the last quarter. Geode Capital Management LLC increased its stake in Texas Instruments by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company's stock worth $4,032,599,000 after purchasing an additional 267,352 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Texas Instruments by 11.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company's stock valued at $4,029,115,000 after buying an additional 2,237,035 shares in the last quarter. Norges Bank acquired a new position in shares of Texas Instruments in the fourth quarter valued at approximately $2,584,490,000. Finally, Alliancebernstein L.P. raised its holdings in shares of Texas Instruments by 6.9% during the fourth quarter. Alliancebernstein L.P. now owns 12,706,971 shares of the semiconductor company's stock worth $2,382,684,000 after acquiring an additional 822,797 shares during the period. Institutional investors and hedge funds own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TXN. Stifel Nicolaus cut their price target on Texas Instruments from $200.00 to $160.00 and set a "hold" rating on the stock in a report on Thursday, April 17th. Rosenblatt Securities reaffirmed a "buy" rating and set a $216.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. Wells Fargo & Company set a $190.00 price target on shares of Texas Instruments and gave the stock an "equal weight" rating in a research note on Monday, June 16th. Citigroup boosted their price objective on shares of Texas Instruments from $210.00 to $220.00 and gave the stock a "buy" rating in a research report on Monday, June 9th. Finally, Arete assumed coverage on shares of Texas Instruments in a report on Thursday, June 26th. They set a "neutral" rating and a $203.80 target price for the company. Four analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, Texas Instruments presently has an average rating of "Hold" and a consensus price target of $191.49.

Texas Instruments Stock Performance

Shares of Texas Instruments stock traded down $0.11 on Thursday, hitting $215.48. The stock had a trading volume of 844,999 shares, compared to its average volume of 6,406,283. The stock has a market cap of $195.75 billion, a price-to-earnings ratio of 40.90, a price-to-earnings-growth ratio of 3.43 and a beta of 1.03. 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 Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39. The business's 50 day moving average is $186.36 and its two-hundred day moving average is $182.92.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The firm had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. During the same period in the prior year, the firm posted $1.10 EPS. The company's revenue for the quarter was up 11.1% on a year-over-year basis. Analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio is currently 103.23%.

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.