Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Value Partners Investments Inc.

Value Partners Investments Inc. boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 25.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,971 shares of the semiconductor company’s stock after buying an additional 793 shares during the quarter. Value Partners Investments Inc.’s holdings in Texas Instruments were worth $714,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mizuho Securities USA LLC lifted its stake in Texas Instruments by 46.0% in the 4th quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company’s stock valued at $16,212,000 after buying an additional 27,251 shares in the last quarter. Mn Services Vermogensbeheer B.V. lifted its stake in Texas Instruments by 2.1% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 358,784 shares of the semiconductor company’s stock valued at $67,276,000 after buying an additional 7,500 shares in the last quarter. Brighton Jones LLC lifted its stake in Texas Instruments by 33.4% in the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company’s stock valued at $3,158,000 after buying an additional 4,218 shares in the last quarter. JARISLOWSKY FRASER Ltd lifted its stake in Texas Instruments by 7.4% in the 4th quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company’s stock valued at $448,000 after buying an additional 165 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in Texas Instruments by 6.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 61,480 shares of the semiconductor company’s stock valued at $11,528,000 after buying an additional 3,891 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Price Performance

NASDAQ:TXN opened at $205.38 on Thursday. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. The company has a quick ratio of 3.37, a current ratio of 5.26 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $186.58 billion, a P/E ratio of 38.97, a P/E/G ratio of 3.35 and a beta of 1.00. The stock’s fifty day moving average is $180.24 and its two-hundred day moving average is $182.31.

Texas Instruments (NASDAQ:TXN) last posted its earnings results 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 company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the previous year, the business earned $1.10 earnings per share. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. Equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were paid a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.65%. Texas Instruments’s payout ratio is presently 103.23%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. TD Cowen raised their price target on shares of Texas Instruments from $160.00 to $200.00 and gave the company a “hold” rating in a research note on Wednesday. Benchmark lowered their target price on Texas Instruments from $230.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, April 24th. Citigroup increased their price target on Texas Instruments from $210.00 to $220.00 and gave the company a “buy” rating in a report on Monday, June 9th. Morgan Stanley reaffirmed an “underweight” rating and issued a $148.00 price target (up previously from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Finally, Seaport Res Ptn raised Texas Instruments to a “strong sell” rating in a report on Wednesday, April 30th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price 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.