D L Carlson Investment Group Inc. purchased a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 28,990 shares of the semiconductor company’s stock, valued at approximately $8,641,000. Texas Instruments makes up 1.4% of D L Carlson Investment Group Inc.’s portfolio, making the stock its 12th biggest position.
A number of other institutional investors have also made changes to their positions in the business. HBW Advisory Services LLC grew its position in Texas Instruments by 2.2% in the first quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company’s stock valued at $336,000 after purchasing an additional 37 shares in the last quarter. Montz Harcus Wealth Management LLC lifted its position in Texas Instruments by 2.9% during the 1st quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company’s stock worth $260,000 after buying an additional 38 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Texas Instruments by 0.6% during the 1st quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company’s stock worth $1,157,000 after buying an additional 38 shares during the last quarter. Absher Wealth Management LLC grew its holdings in shares of Texas Instruments by 1.0% in the 1st quarter. Absher Wealth Management LLC now owns 4,223 shares of the semiconductor company’s stock valued at $820,000 after acquiring an additional 42 shares in the last quarter. Finally, Severin Investments LLC grew its holdings in shares of Texas Instruments by 3.3% in the 1st quarter. Severin Investments LLC now owns 1,349 shares of the semiconductor company’s stock valued at $262,000 after acquiring an additional 43 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.
Texas Instruments Trading Down 0.7%
Texas Instruments stock opened at $265.60 on Friday. The stock has a 50-day simple moving average of $291.25 and a 200 day simple moving average of $258.71. The stock has a market capitalization of $242.56 billion, a P/E ratio of 40.43, a PEG ratio of 1.05 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 Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03.
Texas Instruments Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Friday, July 31st were paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, July 31st. Texas Instruments’s dividend payout ratio is 86.45%.
Wall Street Analyst Weigh In
Several research firms recently issued reports on TXN. Arete Research set a $405.00 target price on Texas Instruments and gave the stock a “buy” rating in a report on Wednesday, July 29th. Evercore reaffirmed an “outperform” rating and set a $330.00 price target on shares of Texas Instruments in a research report on Thursday, July 23rd. Benchmark upped their price objective on Texas Instruments from $315.00 to $360.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings raised Texas Instruments from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. Finally, Susquehanna raised their target price on shares of Texas Instruments from $300.00 to $340.00 and gave the company a “positive” rating in a research note on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $312.12.
Check Out Our Latest Research Report on Texas Instruments
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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