Lynch & Associates IN Has $4.87 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Lynch & Associates IN lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,084 shares of the semiconductor company’s stock after selling 442 shares during the quarter. Lynch & Associates IN’s holdings in Texas Instruments were worth $4,867,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in TXN. Promus Capital LLC acquired a new position in Texas Instruments in the 4th quarter valued at approximately $25,000. Summit Securities Group LLC acquired a new position in Texas Instruments in the 4th quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in Texas Instruments in the 4th quarter valued at approximately $28,000. Copia Wealth Management acquired a new position in Texas Instruments in the 4th quarter valued at approximately $30,000. Finally, Quintet Private Bank Europe S.A. acquired a new position in Texas Instruments in the 1st quarter valued at approximately $34,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on TXN. TD Securities reissued a “hold” rating and issued a $160.00 target price on shares of Texas Instruments in a research report on Thursday, April 24th. Benchmark decreased their target price on shares of Texas Instruments from $230.00 to $200.00 and set a “buy” rating for the company in a research report on Thursday, April 24th. Robert W. Baird raised shares of Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 target price for the company in a research report on Monday, April 7th. Stifel Nicolaus decreased their target price on shares of Texas Instruments from $200.00 to $160.00 and set a “hold” rating for the company in a research report on Thursday, April 17th. Finally, Morgan Stanley reissued an “underweight” rating and issued a $148.00 target price (up from $146.00) on shares of Texas Instruments in a research report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $190.55.

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $199.22 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The firm has a fifty day moving average price of $173.98 and a two-hundred day moving average price of $181.90. The company has a market cap of $180.99 billion, a PE ratio of 38.39, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The firm had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the prior year, the firm earned $1.10 EPS. The business’s revenue was up 11.1% on a year-over-year basis. Analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments’s payout ratio is 103.23%.

Texas Instruments Company 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.