XTX Topco Ltd Grows Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

XTX Topco Ltd boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 115.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,735 shares of the semiconductor company’s stock after acquiring an additional 3,606 shares during the period. XTX Topco Ltd’s holdings in Texas Instruments were worth $1,210,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new stake in Texas Instruments during the 1st quarter valued at approximately $28,000. Copia Wealth Management bought a new position in shares of Texas Instruments during the fourth quarter worth $30,000. Quintet Private Bank Europe S.A. purchased a new position in Texas Instruments during the first quarter valued at $34,000. Park Square Financial Group LLC bought a new stake in Texas Instruments in the 4th quarter valued at $41,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Texas Instruments in the 1st quarter valued at $42,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Down 0.1%

NASDAQ TXN opened at $180.86 on Friday. The stock has a market cap of $164.43 billion, a PE ratio of 33.12, a PEG ratio of 2.97 and a beta of 1.03. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The company’s 50-day moving average price is $200.56 and its 200-day moving average price is $185.34. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.09. The company had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $4.31 billion. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.17 EPS. Equities research analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st will be given a dividend of $1.36 per share. The ex-dividend date of this dividend is Thursday, July 31st. This represents a $5.44 dividend on an annualized basis and a yield of 3.0%. Texas Instruments’s dividend payout ratio (DPR) is 99.63%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on TXN shares. Sanford C. Bernstein raised shares of Texas Instruments from a “strong sell” rating to a “hold” rating in a report on Thursday, June 5th. Benchmark increased their price target on Texas Instruments from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, July 23rd. Rosenblatt Securities restated a “buy” rating and set a $245.00 price target on shares of Texas Instruments in a report on Wednesday, July 23rd. KeyCorp lifted their price objective on Texas Instruments from $215.00 to $240.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 8th. Finally, Wells Fargo & Company lowered their target price on Texas Instruments from $215.00 to $195.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 23rd. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average price target of $212.21.

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.