Kintegral Advisory LLC Has $5.16 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Kintegral Advisory LLC lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 32.9% during the first quarter, HoldingsChannel.com reports. The fund owned 28,714 shares of the semiconductor company’s stock after selling 14,081 shares during the quarter. Texas Instruments accounts for about 0.8% of Kintegral Advisory LLC’s holdings, making the stock its 28th biggest position. Kintegral Advisory LLC’s holdings in Texas Instruments were worth $5,160,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Brighton Jones LLC lifted its position in shares of 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 acquiring an additional 4,218 shares during the period. Bank Pictet & Cie Europe AG increased its stake in Texas Instruments by 14.8% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 138,350 shares of the semiconductor company’s stock valued at $25,942,000 after purchasing an additional 17,840 shares in the last quarter. SPC Financial Inc. raised its holdings in shares of Texas Instruments by 3.0% during the fourth quarter. SPC Financial Inc. now owns 3,497 shares of the semiconductor company’s stock valued at $656,000 after purchasing an additional 101 shares during the period. Proficio Capital Partners LLC raised its holdings in shares of Texas Instruments by 69.0% during the fourth quarter. Proficio Capital Partners LLC now owns 3,834 shares of the semiconductor company’s stock valued at $719,000 after purchasing an additional 1,566 shares during the period. Finally, Aigen Investment Management LP bought a new position in shares of Texas Instruments during the 4th quarter worth about $1,267,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. KeyCorp decreased their target price on Texas Instruments from $250.00 to $215.00 and set an “overweight” rating for the company in a research report on Thursday, April 24th. Robert W. Baird raised Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 price objective for the company in a research note on Monday, April 7th. UBS Group decreased their price objective on Texas Instruments from $225.00 to $215.00 and set a “buy” rating for the company in a report on Thursday, April 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $216.00 target price on shares of Texas Instruments in a research report on Thursday, April 24th. Finally, Cantor Fitzgerald reduced their price target on shares of Texas Instruments from $200.00 to $170.00 and set a “neutral” rating for the company in a research report on Thursday, April 24th. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $191.49.

Texas Instruments Trading Down 0.0%

NASDAQ:TXN opened at $215.57 on Friday. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. The firm has a 50-day moving average price of $187.43 and a two-hundred day moving average price of $183.10. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26. The firm has a market cap of $195.83 billion, a price-to-earnings ratio of 40.90, a price-to-earnings-growth ratio of 3.51 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.22. The company had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. Texas Instruments’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.10 earnings per share. On average, equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were paid a $1.36 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a yield of 2.52%. Texas Instruments’s dividend payout ratio (DPR) is presently 103.23%.

Texas Instruments Company 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.