Wolf Group Capital Advisors Trims Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Wolf Group Capital Advisors decreased its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 82.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,569 shares of the semiconductor company's stock after selling 11,977 shares during the period. Wolf Group Capital Advisors' holdings in Texas Instruments were worth $462,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its position 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 valued at $17,544,800,000 after acquiring an additional 649,620 shares during the period. Geode Capital Management LLC boosted its position in shares of Texas Instruments by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company's stock valued at $4,032,599,000 after acquiring an additional 267,352 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of 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 acquiring an additional 2,237,035 shares during the period. Norges Bank bought a new position in shares of Texas Instruments in the fourth quarter valued at approximately $2,584,490,000. Finally, Alliancebernstein L.P. boosted its position in shares of Texas Instruments by 6.9% in the fourth quarter. Alliancebernstein L.P. now owns 12,706,971 shares of the semiconductor company's stock valued at $2,382,684,000 after acquiring an additional 822,797 shares during the period. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Price Performance

Shares of TXN stock traded up $0.66 during trading hours on Thursday, hitting $198.35. 3,741,956 shares of the company's stock were exchanged, compared to its average volume of 6,382,902. The company has a market capitalization of $180.20 billion, a PE ratio of 37.64, a PEG ratio of 3.23 and a beta of 1.00. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $220.39. The business's 50 day simple moving average is $175.12 and its 200-day simple moving average is $182.12. 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 (NASDAQ:TXN - Get Free Report) last issued its 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. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the previous year, the firm earned $1.10 earnings per share. The firm's revenue for the quarter was up 11.1% on a year-over-year basis. On average, equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company 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 annualized dividend and a dividend yield of 2.74%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's payout ratio is 103.23%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TXN. KeyCorp cut their price objective on shares of Texas Instruments from $250.00 to $215.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Citigroup lifted their target price on shares of Texas Instruments from $210.00 to $220.00 and gave the company a "buy" rating in a research report on Monday, June 9th. Barclays lowered shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and dropped their target price for the company from $180.00 to $125.00 in a research report on Tuesday, April 22nd. Mizuho set a $170.00 target price on shares of Texas Instruments in a research report on Thursday, April 24th. Finally, Benchmark dropped their target price on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Texas Instruments presently has a consensus rating of "Hold" and a consensus price target of $190.55.

About Texas Instruments

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.