Texas Instruments Incorporated (NASDAQ:TXN) Holdings Raised by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 8.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,433 shares of the semiconductor company's stock after buying an additional 6,538 shares during the quarter. Wealthfront Advisers LLC's holdings in Texas Instruments were worth $14,813,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Summit Securities Group LLC purchased a new stake in shares of Texas Instruments during the 4th quarter worth about $27,000. Cloud Capital Management LLC purchased a new stake in shares of Texas Instruments during the 1st quarter worth about $28,000. Copia Wealth Management purchased a new stake in shares of Texas Instruments during the 4th quarter worth about $30,000. Quintet Private Bank Europe S.A. purchased a new stake in shares of Texas Instruments during the 1st quarter worth about $34,000. Finally, Park Square Financial Group LLC purchased a new stake in shares of Texas Instruments during the 4th quarter worth about $41,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. TD Securities restated a "hold" rating and issued a $160.00 price target on shares of Texas Instruments 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. Citigroup upped their price target on Texas Instruments from $220.00 to $260.00 and gave the stock a "buy" rating in a report on Monday, July 7th. Stifel Nicolaus decreased their price target on Texas Instruments from $200.00 to $160.00 and set a "hold" rating for the company in a report on Thursday, April 17th. Finally, JPMorgan Chase & Co. cut their target price on Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a research report on Thursday, April 24th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of "Hold" and a consensus price target of $203.53.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded down $1.72 on Wednesday, hitting $216.64. The company's stock had a trading volume of 6,420,620 shares, compared to its average volume of 6,461,825. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The company has a market capitalization of $196.81 billion, a price-to-earnings ratio of 41.11, a price-to-earnings-growth ratio of 3.58 and a beta of 1.03. The stock's 50-day moving average is $196.41 and its two-hundred day moving average is $184.64. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.22. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The company had revenue of $4.07 billion during the quarter, compared to analysts' expectations of $3.91 billion. During the same quarter in the prior year, the business posted $1.10 earnings per share. The company's revenue for the quarter was up 11.1% compared to the same quarter last year. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were paid a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 2.51%. Texas Instruments's payout ratio is 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.