ICW Investment Advisors LLC Buys 160 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

ICW Investment Advisors LLC increased its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 4.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,488 shares of the semiconductor company’s stock after acquiring an additional 160 shares during the quarter. ICW Investment Advisors LLC’s holdings in Texas Instruments were worth $595,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Compagnie Lombard Odier SCmA grew its position in Texas Instruments by 84.5% in the 3rd quarter. Compagnie Lombard Odier SCmA now owns 452 shares of the semiconductor company’s stock valued at $72,000 after purchasing an additional 207 shares during the period. Hexagon Capital Partners LLC grew its position in Texas Instruments by 37.0% in the 3rd quarter. Hexagon Capital Partners LLC now owns 1,478 shares of the semiconductor company’s stock valued at $235,000 after purchasing an additional 399 shares during the period. Everett Harris & Co. CA grew its position in Texas Instruments by 3.2% in the 3rd quarter. Everett Harris & Co. CA now owns 4,339 shares of the semiconductor company’s stock valued at $690,000 after purchasing an additional 136 shares during the period. Mount Vernon Associates Inc. MD boosted its holdings in Texas Instruments by 0.9% during the 3rd quarter. Mount Vernon Associates Inc. MD now owns 10,920 shares of the semiconductor company’s stock worth $1,736,000 after acquiring an additional 100 shares during the last quarter. Finally, Raymond James & Associates boosted its holdings in Texas Instruments by 10.7% during the 3rd quarter. Raymond James & Associates now owns 1,774,843 shares of the semiconductor company’s stock worth $282,218,000 after acquiring an additional 171,939 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on TXN. JPMorgan Chase & Co. lifted their price objective on shares of Texas Instruments from $180.00 to $195.00 and gave the stock an “overweight” rating in a report on Wednesday, April 24th. Evercore ISI lifted their price objective on shares of Texas Instruments from $213.00 to $225.00 and gave the stock an “outperform” rating in a report on Wednesday, April 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $180.00 price objective on shares of Texas Instruments in a report on Wednesday, April 24th. KeyCorp lifted their price objective on shares of Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, January 24th. Finally, Robert W. Baird lifted their price objective on shares of Texas Instruments from $125.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 25th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and an average target price of $180.74.

Texas Instruments Stock Performance

Texas Instruments stock traded down $0.78 during midday trading on Wednesday, reaching $175.64. The stock had a trading volume of 2,605,144 shares, compared to its average volume of 5,657,600. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $188.12. The firm’s 50-day moving average price is $169.94 and its 200 day moving average price is $162.63. The firm has a market capitalization of $159.92 billion, a PE ratio of 27.52, a P/E/G ratio of 3.82 and a beta of 1.04. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The business had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.61 billion. During the same period in the previous year, the business posted $1.85 EPS. The firm’s quarterly revenue was down 16.4% compared to the same quarter last year. As a group, research analysts predict that Texas Instruments Incorporated will post 5.21 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date of this dividend is Tuesday, May 7th. Texas Instruments’s dividend payout ratio is currently 81.12%.

About Texas Instruments

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.