Pallas Capital Advisors LLC purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,786 shares of the semiconductor company’s stock, valued at approximately $2,023,000.
Several other institutional investors and hedge funds also recently bought and sold shares of TXN. HBW Advisory Services LLC raised its stake in shares of Texas Instruments by 2.2% in the first quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company’s stock valued at $336,000 after acquiring an additional 37 shares during the period. Montz Harcus Wealth Management LLC grew its holdings in Texas Instruments by 2.9% during the 1st quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company’s stock valued at $260,000 after purchasing an additional 38 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its position in Texas Instruments by 0.6% in the 1st quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company’s stock worth $1,157,000 after purchasing an additional 38 shares during the period. Absher Wealth Management LLC raised its position in Texas Instruments by 1.0% in the 1st quarter. Absher Wealth Management LLC now owns 4,223 shares of the semiconductor company’s stock worth $820,000 after purchasing an additional 42 shares during the period. Finally, Severin Investments LLC raised its holdings in shares of Texas Instruments by 3.3% in the first quarter. Severin Investments LLC now owns 1,349 shares of the semiconductor company’s stock worth $262,000 after buying an additional 43 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.
Texas Instruments Trading Up 1.2%
Shares of NASDAQ:TXN opened at $282.91 on Tuesday. The business’s 50-day moving average is $292.50 and its 200 day moving average is $257.62. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03. The firm has a market capitalization of $258.37 billion, a P/E ratio of 43.06, a P/E/G ratio of 1.10 and a beta of 1.33.
Texas Instruments Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were issued a $1.42 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. Texas Instruments’s dividend payout ratio (DPR) is currently 86.45%.
Analyst Ratings Changes
A number of brokerages recently issued reports on TXN. UBS Group reissued a “buy” rating and set a $380.00 price target on shares of Texas Instruments in a research note on Thursday, July 23rd. TD Cowen cut their price objective on Texas Instruments from $360.00 to $340.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. The Goldman Sachs Group increased their target price on Texas Instruments from $200.00 to $225.00 and gave the stock a “sell” rating in a research note on Thursday, July 23rd. Rosenblatt Securities lifted their target price on Texas Instruments from $330.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Finally, Wall Street Zen raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have assigned 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 “Moderate Buy” and a consensus price target of $312.12.
Get Our Latest Stock Analysis on Texas Instruments
About Texas Instruments
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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