XTX Topco Ltd Has $1.21 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Key Points

• XTX Topco Ltd increased its holdings in Texas Instruments by 115.2%, now owning 6,735 shares valued at approximately $1.21 million.
• The company reported earnings per share (EPS) of $1.41, surpassing analyst expectations and showing year-over-year revenue growth of 16.4%.
• Texas Instruments announced a quarterly dividend of $1.36 per share, representing an annual yield of 3.0% with a high payout ratio of 99.63%.

XTX Topco Ltd boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 115.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,735 shares of the semiconductor company's stock after buying an additional 3,606 shares during the period. XTX Topco Ltd's holdings in Texas Instruments were worth $1,210,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Gerber Kawasaki Wealth & Investment Management boosted its stake in Texas Instruments by 1.8% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock worth $598,000 after purchasing an additional 56 shares in the last quarter. Voya Financial Advisors Inc. boosted its stake in Texas Instruments by 1.6% in the fourth quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock worth $686,000 after purchasing an additional 58 shares in the last quarter. Dunhill Financial LLC boosted its stake in Texas Instruments by 3.7% in the fourth quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company's stock worth $320,000 after purchasing an additional 61 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in Texas Instruments by 2.1% in the fourth quarter. Sunbelt Securities Inc. now owns 3,069 shares of the semiconductor company's stock worth $577,000 after purchasing an additional 63 shares in the last quarter. Finally, Country Club Bank boosted its stake in Texas Instruments by 0.8% in the first quarter. Country Club Bank now owns 8,348 shares of the semiconductor company's stock worth $1,472,000 after purchasing an additional 65 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on TXN shares. Truist Financial upped their price target on Texas Instruments from $171.00 to $196.00 and gave the company a "hold" rating in a research note on Wednesday, July 23rd. Benchmark upped their price target on Texas Instruments from $200.00 to $220.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. DZ Bank reaffirmed a "sell" rating and set a $158.00 price target on shares of Texas Instruments in a research note on Wednesday, July 23rd. Seaport Res Ptn raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Finally, TD Cowen cut their price target on Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $212.21.

Texas Instruments Price Performance

Shares of TXN traded up $1.87 during midday trading on Monday, hitting $182.73. The company's stock had a trading volume of 4,680,126 shares, compared to its average volume of 7,901,236. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69. The company's fifty day simple moving average is $200.56 and its two-hundred day simple moving average is $185.24. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $166.13 billion, a price-to-earnings ratio of 33.47, a price-to-earnings-growth ratio of 2.97 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.32 by $0.09. The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%. Texas Instruments's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.17 EPS. As a group, equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st will be given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Thursday, July 31st. Texas Instruments's payout ratio is 99.63%.

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.