Tiemann Investment Advisors LLC bought a new stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 2,004 shares of the semiconductor company’s stock, valued at approximately $597,000.
Other institutional investors have also made changes to their positions in the company. HBW Advisory Services LLC boosted its stake in Texas Instruments by 2.2% during the 1st 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 during the period. Montz Harcus Wealth Management LLC increased its position in Texas Instruments by 2.9% in 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 during the period. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of Texas Instruments by 0.6% during the first 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 lifted its holdings in shares of Texas Instruments by 1.0% during the first quarter. Absher Wealth Management LLC now owns 4,223 shares of the semiconductor company’s stock worth $820,000 after buying an additional 42 shares during the last quarter. Finally, Severin Investments LLC boosted its position in shares of Texas Instruments by 3.3% in the first 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 during the period. 84.99% of the stock is currently owned by institutional investors.
Texas Instruments Stock Up 1.2%
Shares of NASDAQ:TXN opened at $282.91 on Tuesday. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03. The company has a 50 day moving average of $292.50 and a 200-day moving average of $257.62. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. The stock has a market cap of $258.37 billion, a price-to-earnings ratio of 43.06, a P/E/G ratio of 1.10 and a beta of 1.33.
Texas Instruments Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were paid a $1.42 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $5.68 annualized dividend and a dividend yield of 2.0%. Texas Instruments’s dividend payout ratio (DPR) is currently 86.45%.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on TXN shares. Mizuho raised their price objective on shares of Texas Instruments from $300.00 to $305.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. increased their price target on shares of Texas Instruments from $280.00 to $340.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Susquehanna raised their price target on shares of Texas Instruments from $300.00 to $340.00 and gave the stock a “positive” rating in a research report on Tuesday, July 21st. Rosenblatt Securities lifted their price target on shares of Texas Instruments from $330.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, Zacks Research upgraded shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $312.12.
View Our Latest Stock Report on TXN
About Texas Instruments
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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