Focus Partners Advisor Solutions LLC acquired a new position 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 Securities and Exchange Commission. The fund acquired 23,836 shares of the semiconductor company’s stock, valued at approximately $7,105,000.
A number of other large investors have also made changes to their positions in TXN. High Point Wealth Management LLC bought a new stake in shares of Texas Instruments in the fourth quarter valued at about $25,000. Strategic Wealth Investment Group LLC bought a new position in Texas Instruments during the second quarter valued at about $25,000. Advocate Investing Services LLC acquired a new position in Texas Instruments in the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC acquired a new position in Texas Instruments in the 4th quarter valued at approximately $26,000. Finally, Cornerstone Financial Management LLC bought a new stake in shares of Texas Instruments in the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 84.99% of the company’s stock.
Texas Instruments Trading Up 2.2%
Shares of TXN opened at $279.58 on Friday. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03. The company has a current ratio of 4.86, a quick ratio of 3.44 and a debt-to-equity ratio of 0.72. The stock has a 50 day simple moving average of $292.66 and a 200-day simple moving average of $256.59. The stock has a market cap of $255.33 billion, a PE ratio of 42.55, a PEG ratio of 1.10 and a beta of 1.33.
Texas Instruments Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were issued a dividend of $1.42 per share. 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 presently 86.45%.
Analysts Set New Price Targets
TXN has been the topic of a number of research reports. Zacks Research upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. JPMorgan Chase & Co. raised their target price on Texas Instruments from $280.00 to $340.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Wells Fargo & Company lifted their price target on shares of Texas Instruments from $300.00 to $310.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Stifel Nicolaus boosted their price target on shares of Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, KeyCorp increased their price objective on shares of Texas Instruments from $390.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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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