PDS Planning Inc Purchases 534 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

PDS Planning Inc boosted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 9.1% during the first quarter, Holdings Channel reports. The institutional investor owned 6,397 shares of the semiconductor company’s stock after purchasing an additional 534 shares during the quarter. PDS Planning Inc’s holdings in Texas Instruments were worth $1,150,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Promus Capital LLC bought a new stake in shares of Texas Instruments in the fourth quarter worth $25,000. Summit Securities Group LLC bought a new position in Texas Instruments in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Texas Instruments in the 4th quarter valued at $28,000. Copia Wealth Management bought a new stake in Texas Instruments during the 4th quarter worth about $30,000. Finally, Quintet Private Bank Europe S.A. acquired a new position in shares of Texas Instruments during the 1st quarter worth about $34,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

Texas Instruments stock opened at $205.38 on Thursday. The company has a market capitalization of $186.58 billion, a price-to-earnings ratio of 38.97, a PEG ratio of 3.35 and a beta of 1.00. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. 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 is $180.24 and its 200-day moving average is $182.31.

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

Texas Instruments Dividend Announcement

The firm also recently declared 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 yield of 2.65%. The ex-dividend date was Wednesday, April 30th. Texas Instruments’s dividend payout ratio is 103.23%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on TXN shares. Baird R W raised Texas Instruments from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 7th. Rosenblatt Securities restated a “buy” rating and issued a $216.00 price target on shares of Texas Instruments in a research note on Thursday, April 24th. KeyCorp lowered their price target on Texas Instruments from $250.00 to $215.00 and set an “overweight” rating on the stock in a research report on Thursday, April 24th. DZ Bank raised Texas Instruments from a “sell” rating to a “hold” rating and set a $163.00 price objective for the company in a report on Friday, April 25th. Finally, Wells Fargo & Company set a $190.00 target price on shares of Texas Instruments and gave the company an “equal weight” rating in a research note on Monday, June 16th. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $190.96.

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.