Hhlr Advisors LTD. bought a new position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) during the second quarter, HoldingsChannel.com reports. The fund bought 4,800 shares of the semiconductor company’s stock, valued at approximately $1,431,000. Texas Instruments comprises about 0.2% of Hhlr Advisors LTD.’s holdings, making the stock its 29th largest holding.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC grew its position in Texas Instruments by 33.4% during the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company’s stock valued at $3,158,000 after purchasing an additional 4,218 shares during the last quarter. Intech Investment Management LLC raised its holdings in Texas Instruments by 12.8% in the first quarter. Intech Investment Management LLC now owns 9,084 shares of the semiconductor company’s stock worth $1,632,000 after buying an additional 1,031 shares during the last quarter. Osterweis Capital Management Inc. raised its holdings in Texas Instruments by 1,810.0% in the second quarter. Osterweis Capital Management Inc. now owns 191 shares of the semiconductor company’s stock worth $40,000 after buying an additional 181 shares during the last quarter. Main Street Financial Solutions LLC raised its holdings in Texas Instruments by 1.7% in the second quarter. Main Street Financial Solutions LLC now owns 7,417 shares of the semiconductor company’s stock worth $1,540,000 after buying an additional 126 shares during the last quarter. Finally, HUB Investment Partners LLC lifted its stake in shares of Texas Instruments by 3.5% in the second quarter. HUB Investment Partners LLC now owns 14,673 shares of the semiconductor company’s stock worth $3,046,000 after buying an additional 496 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors.
Texas Instruments Price Performance
TXN stock opened at $261.77 on Thursday. The company’s fifty day moving average price is $287.71 and its 200-day moving average price is $259.75. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03. The company has a market capitalization of $239.06 billion, a PE ratio of 39.84, a price-to-earnings-growth ratio of 1.02 and a beta of 1.33. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.44 and a current ratio of 4.86.
Texas Instruments Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, July 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 86.45%.
Analysts Set New Price Targets
TXN has been the subject of several analyst reports. Cantor Fitzgerald reissued a “neutral” rating and set a $340.00 price target on shares of Texas Instruments in a research report on Monday, August 17th. Wall Street Zen raised Texas Instruments from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Stifel Nicolaus increased their target price on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Zacks Research upgraded shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Finally, Mizuho increased their target price on Texas Instruments from $300.00 to $305.00 and gave the company a “neutral” rating in a report on Thursday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Moderate Buy” and an average target price of $312.12.
Check Out Our Latest Stock Analysis on TXN
Texas Instruments Profile
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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