2,424 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Acquired by Williams Financial LLC

Williams Financial LLC acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,424 shares of the semiconductor company’s stock, valued at approximately $472,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tennessee Valley Asset Management Partners acquired a new position in Texas Instruments during the 4th quarter worth $25,000. Richardson Financial Services Inc. acquired a new stake in Texas Instruments during the 4th quarter worth approximately $26,000. Scarborough Advisors LLC acquired a new stake in Texas Instruments during the 4th quarter worth approximately $26,000. Pacific Capital Wealth Advisors Inc. acquired a new stake in Texas Instruments during the 4th quarter worth approximately $31,000. Finally, Westend Capital Management LLC acquired a new stake in Texas Instruments during the 1st quarter worth approximately $31,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Down 0.7 %

Shares of NASDAQ:TXN traded down $1.40 on Friday, reaching $200.53. The company had a trading volume of 4,236,423 shares, compared to its average volume of 5,522,879. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $210.84. The stock has a 50-day moving average price of $197.16 and a 200 day moving average price of $182.85. The stock has a market capitalization of $182.58 billion, a P/E ratio of 31.28, a P/E/G ratio of 4.25 and a beta of 0.99. The company has a quick ratio of 3.49, a current ratio of 4.62 and a debt-to-equity ratio of 0.75.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The company had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.82 billion. During the same quarter in the previous year, the firm earned $1.87 earnings per share. The business’s quarterly revenue was down 15.6% compared to the same quarter last year. On average, equities analysts expect that Texas Instruments Incorporated will post 5.11 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Wednesday, July 31st were paid a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, July 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.59%. Texas Instruments’s payout ratio is presently 81.12%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Citigroup upped their price objective on Texas Instruments from $185.00 to $200.00 and gave the stock a “neutral” rating in a report on Monday, July 15th. Wells Fargo & Company started coverage on Texas Instruments in a research report on Thursday, May 16th. They issued an “underweight” rating and a $150.00 price objective on the stock. Benchmark reiterated a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research report on Wednesday, July 24th. Evercore ISI increased their target price on Texas Instruments from $213.00 to $225.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 24th. Finally, Stifel Nicolaus increased their target price on Texas Instruments from $172.00 to $200.00 and gave the stock a “hold” rating in a research report on Thursday, July 18th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $198.64.

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.