Worth Asset Management LLC Has $638,000 Position in Texas Instruments Incorporated (NASDAQ:TXN)

Worth Asset Management LLC decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 28.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,551 shares of the semiconductor company's stock after selling 1,385 shares during the quarter. Worth Asset Management LLC's holdings in Texas Instruments were worth $638,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC boosted its stake 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. Union Bancaire Privee UBP SA bought a new position in shares of Texas Instruments during the 4th quarter valued at about $6,544,000. Strategic Blueprint LLC grew its stake in shares of Texas Instruments by 5.1% in the 4th quarter. Strategic Blueprint LLC now owns 1,297 shares of the semiconductor company's stock worth $243,000 after purchasing an additional 63 shares during the last quarter. Waldron Private Wealth LLC raised its holdings in shares of Texas Instruments by 10.3% in the 4th quarter. Waldron Private Wealth LLC now owns 3,887 shares of the semiconductor company's stock worth $729,000 after purchasing an additional 363 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in shares of Texas Instruments by 20.7% in the 4th quarter. Chicago Partners Investment Group LLC now owns 2,354 shares of the semiconductor company's stock worth $451,000 after purchasing an additional 403 shares in the last quarter. Institutional investors own 84.99% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on TXN shares. Wells Fargo & Company reduced their target price on shares of Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. Argus upgraded Texas Instruments to a "strong-buy" rating in a report on Friday, April 25th. JPMorgan Chase & Co. reduced their target price on Texas Instruments from $230.00 to $195.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. 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 research report on Thursday, April 17th. Finally, Seaport Res Ptn upgraded shares of Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. 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 assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $189.41.

Texas Instruments Stock Performance

Shares of TXN traded up $3.87 on Tuesday, reaching $188.08. 5,610,120 shares of the stock traded hands, compared to its average volume of 6,331,110. The firm has a market cap of $170.87 billion, a price-to-earnings ratio of 36.24, a P/E/G ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The stock's 50-day moving average price is $167.94 and its 200-day moving average price is $182.24. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts' consensus estimates 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 net margin of 30.68% and a return on equity of 28.08%. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm earned $1.10 EPS. Equities analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal 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 given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is currently 103.23%.

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.