World Investment Advisors Has $2 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

World Investment Advisors lifted its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 18.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,129 shares of the semiconductor company's stock after buying an additional 1,730 shares during the period. World Investment Advisors' holdings in Texas Instruments were worth $2,000,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Mizuho Securities USA LLC increased its holdings in shares of Texas Instruments by 46.0% during the fourth quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company's stock worth $16,212,000 after buying an additional 27,251 shares in the last quarter. Brighton Jones LLC increased its holdings in Texas Instruments by 33.4% during the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock valued at $3,158,000 after purchasing an additional 4,218 shares in the last quarter. JARISLOWSKY FRASER Ltd raised its position in Texas Instruments by 7.4% in the 4th quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company's stock valued at $448,000 after purchasing an additional 165 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Texas Instruments by 2.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 495,548 shares of the semiconductor company's stock worth $89,050,000 after purchasing an additional 11,057 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Texas Instruments by 21.8% during the first quarter. GAMMA Investing LLC now owns 19,043 shares of the semiconductor company's stock worth $3,422,000 after purchasing an additional 3,402 shares during the last quarter. Institutional investors own 84.99% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Truist Financial reduced their price target on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating on the stock in a research report on Thursday, April 24th. Morgan Stanley reiterated an "underweight" rating and set a $148.00 target price (up from $146.00) on shares of Texas Instruments in a research report on Thursday, April 24th. JPMorgan Chase & Co. lowered their price target on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Cowen restated a "hold" rating on shares of Texas Instruments in a research report on Wednesday, June 25th. Finally, UBS Group reduced their price objective on Texas Instruments from $225.00 to $215.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $191.49.

Texas Instruments Price Performance

TXN opened at $215.57 on Monday. The stock has a market cap of $195.83 billion, a P/E ratio of 40.90, a P/E/G ratio of 3.52 and a beta of 1.03. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The company has a quick ratio of 3.37, a current ratio of 5.26 and a debt-to-equity ratio of 0.78. The company has a fifty day simple moving average of $188.48 and a 200 day simple moving average of $183.27.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced 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. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The company's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.10 earnings per share. On average, research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend 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.

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