Texas Instruments Incorporated $TXN Shares Acquired by First Trust Advisors LP

First Trust Advisors LP lifted its holdings in Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 1.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,592,788 shares of the semiconductor company’s stock after buying an additional 46,175 shares during the period. First Trust Advisors LP’s holdings in Texas Instruments were worth $503,364,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TXN. High Point Wealth Management LLC acquired a new stake in Texas Instruments in the 4th quarter valued at about $25,000. Strategic Wealth Investment Group LLC purchased a new position in Texas Instruments in the 2nd quarter worth approximately $25,000. Advocate Investing Services LLC acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $25,000. Ares Financial Consulting LLC acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $26,000. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $27,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Performance

NASDAQ TXN opened at $291.30 on Wednesday. The stock has a fifty day simple moving average of $302.23 and a 200-day simple moving average of $245.54. The company has a current ratio of 4.46, a quick ratio of 2.94 and a debt-to-equity ratio of 0.77. The stock has a market cap of $265.11 billion, a PE ratio of 49.88, a P/E/G ratio of 1.42 and a beta of 1.32. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03.

Texas Instruments (NASDAQ:TXNGet Free Report) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.31. The company had revenue of $4.83 billion for the quarter, compared to analysts’ expectations of $4.85 billion. Texas Instruments had a net margin of 29.11% and a return on equity of 32.49%. Texas Instruments’s revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.23 earnings per share. Equities analysts anticipate that Texas Instruments Incorporated will post 7.68 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st will be issued a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, July 31st. Texas Instruments’s dividend payout ratio is currently 97.26%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. TD Cowen increased their price target on Texas Instruments from $300.00 to $360.00 and gave the company a “buy” rating in a report on Monday, July 13th. KeyCorp upped their target price on Texas Instruments from $325.00 to $390.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. HC Wainwright downgraded Texas Instruments to a “neutral” rating in a research note on Friday, May 22nd. Morgan Stanley boosted their price target on shares of Texas Instruments from $221.00 to $230.00 and gave the company an “underweight” rating in a research report on Monday. Finally, Stifel Nicolaus raised their price objective on shares of Texas Instruments from $340.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $285.44.

Check Out Our Latest Stock Analysis on TXN

Key Stories Impacting Texas Instruments

Here are the key news stories impacting Texas Instruments this week:

Insider Transactions at Texas Instruments

In related news, VP Mark T. Roberts sold 28,080 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $280.34, for a total transaction of $7,871,947.20. Following the completion of the transaction, the vice president owned 53,809 shares of the company’s stock, valued at approximately $15,084,815.06. This trade represents a 34.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Rafael R. Lizardi sold 47,734 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $308.10, for a total value of $14,706,845.40. Following the completion of the sale, the chief financial officer directly owned 85,485 shares in the company, valued at approximately $26,337,928.50. The trade was a 35.83% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 303,475 shares of company stock worth $85,666,638. 0.60% of the stock is owned by company insiders.

Texas Instruments Company Profile

(Free Report)

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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