Stokes Capital Advisors LLC Purchases 1,264 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Stokes Capital Advisors LLC grew its position in Texas Instruments Incorporated (NASDAQ:TXN) by 3.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,760 shares of the semiconductor company’s stock after purchasing an additional 1,264 shares during the quarter. Texas Instruments makes up approximately 2.0% of Stokes Capital Advisors LLC’s portfolio, making the stock its 22nd largest holding. Stokes Capital Advisors LLC’s holdings in Texas Instruments were worth $7,864,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Promus Capital LLC bought a new position in shares of Texas Instruments in the fourth quarter valued at approximately $25,000. Summit Securities Group LLC acquired a new stake in shares of Texas Instruments in the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Texas Instruments in the fourth quarter worth $28,000. Copia Wealth Management acquired a new stake in shares of Texas Instruments in the fourth quarter worth $30,000. Finally, Atala Financial Inc acquired a new stake in shares of Texas Instruments in the fourth quarter worth $37,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Up 1.0%

Shares of NASDAQ:TXN opened at $192.42 on Friday. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The company’s fifty day moving average is $168.87 and its 200-day moving average is $182.16. The company has a market capitalization of $174.81 billion, a PE ratio of 37.08, a P/E/G ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the previous year, the company earned $1.10 EPS. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. Equities research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.83%. Texas Instruments’s dividend payout ratio is 103.23%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Morgan Stanley restated an “underweight” rating and issued a $148.00 price objective (up previously from $146.00) on shares of Texas Instruments in a research note on Thursday, April 24th. Argus upgraded shares of Texas Instruments to a “strong-buy” rating in a research note on Friday, April 25th. TD Securities restated a “hold” rating and issued a $160.00 price objective on shares of Texas Instruments in a research note on Thursday, April 24th. DZ Bank upgraded shares of Texas Instruments from a “sell” rating to a “hold” rating and set a $163.00 price objective on the stock in a research note on Friday, April 25th. Finally, Benchmark decreased their price target on shares of Texas Instruments from $230.00 to $200.00 and set a “buy” rating on the stock in a research note on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and an average price target of $189.41.

Texas Instruments 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.