Texas Instruments Incorporated (NASDAQ:TXN) Stake Raised by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 5.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,257 shares of the semiconductor company’s stock after acquiring an additional 166 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in Texas Instruments were worth $542,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in TXN. Vanguard Group Inc. increased its position in Texas Instruments by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 88,862,201 shares of the semiconductor company’s stock worth $14,129,979,000 after purchasing an additional 458,853 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Texas Instruments by 6.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,048,334 shares of the semiconductor company’s stock worth $3,398,637,000 after buying an additional 1,154,513 shares during the last quarter. Morgan Stanley raised its position in Texas Instruments by 14.2% during the third quarter. Morgan Stanley now owns 14,154,358 shares of the semiconductor company’s stock valued at $2,250,685,000 after acquiring an additional 1,755,582 shares in the last quarter. Franklin Resources Inc. lifted its stake in Texas Instruments by 10.1% in the fourth quarter. Franklin Resources Inc. now owns 11,928,210 shares of the semiconductor company’s stock valued at $2,033,283,000 after acquiring an additional 1,095,303 shares during the last quarter. Finally, Norges Bank bought a new stake in Texas Instruments in the fourth quarter worth approximately $1,649,592,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. raised their price objective on Texas Instruments from $180.00 to $195.00 and gave the company an “overweight” rating in a research note on Wednesday, April 24th. Truist Financial lifted their price target on shares of Texas Instruments from $165.00 to $167.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. Jefferies Financial Group downgraded shares of Texas Instruments from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $200.00 to $175.00 in a report on Monday, May 13th. Oppenheimer reiterated a “market perform” rating on shares of Texas Instruments in a report on Wednesday, April 24th. Finally, Benchmark upped their price target on shares of Texas Instruments from $210.00 to $230.00 and gave the company a “buy” rating in a report on Friday, June 21st. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $183.43.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Pamela H. Patsley sold 9,990 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $179.12, for a total value of $1,789,408.80. Following the transaction, the director now owns 33,348 shares of the company’s stock, valued at $5,973,293.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Texas Instruments news, Director Pamela H. Patsley sold 9,990 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $179.12, for a total value of $1,789,408.80. Following the completion of the sale, the director now owns 33,348 shares of the company’s stock, valued at $5,973,293.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Richard K. Templeton sold 104,000 shares of Texas Instruments stock in a transaction on Monday, April 29th. The stock was sold at an average price of $178.68, for a total transaction of $18,582,720.00. Following the transaction, the chairman now directly owns 403,851 shares in the company, valued at $72,160,096.68. The disclosure for this sale can be found here. In the last 90 days, insiders sold 328,969 shares of company stock worth $58,427,984. Insiders own 0.68% of the company’s stock.

Texas Instruments Trading Up 0.6 %

Shares of NASDAQ TXN opened at $194.53 on Friday. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $206.00. The company has a 50-day moving average of $190.26 and a two-hundred day moving average of $175.16. The company has a market cap of $177.12 billion, a PE ratio of 30.35, a P/E/G ratio of 4.19 and a beta of 1.00. The company has a current ratio of 4.91, a quick ratio of 3.76 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.07 by $0.13. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The company had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $3.61 billion. During the same period last year, the firm earned $1.85 EPS. The business’s revenue for the quarter was down 16.4% on a year-over-year basis. As a group, equities analysts expect that Texas Instruments Incorporated will post 5.13 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date was Tuesday, May 7th. Texas Instruments’s dividend payout ratio is presently 81.12%.

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.