Pointe Capital Management LLC purchased a new stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,232 shares of the semiconductor company’s stock, valued at approximately $963,000.
Several other large investors have also made changes to their positions in the business. Strategic Wealth Investment Group LLC acquired a new stake in Texas Instruments in the 2nd quarter valued at approximately $25,000. Advocate Investing Services LLC acquired a new stake in shares of Texas Instruments in the fourth quarter worth $25,000. Ares Financial Consulting LLC acquired a new stake in shares of Texas Instruments in the fourth quarter worth $26,000. Cornerstone Financial Management LLC bought a new position in Texas Instruments during the fourth quarter worth $27,000. Finally, Portus Wealth Advisors LLC bought a new position in Texas Instruments during the first quarter worth $27,000. Institutional investors and hedge funds own 84.99% of the company’s stock.
Texas Instruments Stock Performance
Texas Instruments stock opened at $260.05 on Wednesday. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-week high of $334.03. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. The stock has a fifty day moving average price of $288.51 and a two-hundred day moving average price of $259.49. The firm has a market capitalization of $237.49 billion, a P/E ratio of 39.58, a P/E/G ratio of 1.02 and a beta of 1.33.
Texas Instruments Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were paid a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, July 31st. Texas Instruments’s dividend payout ratio is currently 86.45%.
Analyst Ratings Changes
Several analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Texas Instruments from $280.00 to $340.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Arete Research set a $405.00 price objective on shares of Texas Instruments and gave the company a “buy” rating in a research report on Wednesday, July 29th. TD Cowen reduced their target price on shares of Texas Instruments from $360.00 to $340.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. UBS Group restated a “buy” rating and set a $380.00 price target on shares of Texas Instruments in a research note on Thursday, July 23rd. Finally, Stifel Nicolaus upped their price target on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Texas Instruments has an average rating of “Moderate Buy” and a consensus price target of $312.12.
Get Our Latest Stock Analysis on Texas Instruments
Texas Instruments Profile
Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.
TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.
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