Everpar Advisors LLC Lowers Position in Texas Instruments Incorporated (NASDAQ:TXN)

Everpar Advisors LLC cut its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 5.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,651 shares of the semiconductor company’s stock after selling 160 shares during the period. Everpar Advisors LLC’s holdings in Texas Instruments were worth $476,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Texas Instruments by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company’s stock worth $17,544,800,000 after buying an additional 649,620 shares during the period. Geode Capital Management LLC lifted its holdings in Texas Instruments by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company’s stock worth $4,032,599,000 after buying an additional 267,352 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Texas Instruments by 11.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company’s stock worth $4,029,115,000 after buying an additional 2,237,035 shares during the period. Norges Bank purchased a new stake in Texas Instruments in the fourth quarter worth about $2,584,490,000. Finally, Alliancebernstein L.P. lifted its holdings in Texas Instruments by 6.9% in the fourth quarter. Alliancebernstein L.P. now owns 12,706,971 shares of the semiconductor company’s stock worth $2,382,684,000 after buying an additional 822,797 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $195.00 on Friday. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39. The firm has a market cap of $177.15 billion, a P/E ratio of 37.57, a PEG ratio of 3.30 and a beta of 1.00. The company has a 50 day moving average of $172.92 and a 200 day moving average of $182.15. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the previous year, the firm posted $1.10 EPS. The firm’s revenue was up 11.1% on a year-over-year basis. As a group, research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date was Wednesday, April 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 103.23%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TXN shares. Stifel Nicolaus lowered their target price on shares of Texas Instruments from $200.00 to $160.00 and set a “hold” rating for the company in a report on Thursday, April 17th. Seaport Res Ptn upgraded shares of Texas Instruments to a “strong sell” rating in a report on Wednesday, April 30th. UBS Group lowered their target price on shares of Texas Instruments from $225.00 to $215.00 and set a “buy” rating for the company in a report on Thursday, April 24th. Benchmark lowered their target price on shares of Texas Instruments from $230.00 to $200.00 and set a “buy” rating for the company in a report on Thursday, April 24th. Finally, Mizuho set a $170.00 target price on shares of Texas Instruments in a report on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $189.86.

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.