Community Bank N.A. Purchases 136 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Community Bank N.A. grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,956 shares of the semiconductor company’s stock after buying an additional 136 shares during the period. Community Bank N.A.’s holdings in Texas Instruments were worth $4,844,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Mizuho Securities USA LLC raised its stake in Texas Instruments by 46.0% during the fourth quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company’s stock valued at $16,212,000 after buying an additional 27,251 shares during the last quarter. Union Bancaire Privee UBP SA bought a new position in shares of Texas Instruments during the fourth quarter valued at $6,544,000. Mn Services Vermogensbeheer B.V. raised its position in shares of Texas Instruments by 2.1% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 358,784 shares of the semiconductor company’s stock worth $67,276,000 after purchasing an additional 7,500 shares during the last quarter. Brighton Jones LLC boosted its stake in Texas Instruments by 33.4% in the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company’s stock worth $3,158,000 after purchasing an additional 4,218 shares in the last quarter. Finally, JARISLOWSKY FRASER Ltd boosted its stake in Texas Instruments by 7.4% in the 4th quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company’s stock worth $448,000 after purchasing an additional 165 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Down 0.8%

Shares of Texas Instruments stock opened at $197.69 on Wednesday. The company’s fifty day simple moving average is $174.54 and its 200-day simple moving average is $182.01. The stock has a market capitalization of $179.60 billion, a PE ratio of 37.51, a P/E/G ratio of 3.24 and a beta of 1.00. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39. The company has a debt-to-equity ratio of 0.78, a current ratio of 5.26 and a quick ratio of 3.37.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.22. The company had revenue of $4.07 billion for the quarter, compared to analysts’ expectations of $3.91 billion. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. Texas Instruments’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm earned $1.10 EPS. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were paid a dividend of $1.36 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.75%. Texas Instruments’s dividend payout ratio (DPR) is presently 103.23%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TXN. Mizuho set a $170.00 target price on shares of Texas Instruments in a report on Thursday, April 24th. Morgan Stanley restated an “underweight” rating and issued a $148.00 price objective (up from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Sanford C. Bernstein upgraded Texas Instruments from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 5th. Benchmark reduced their target price on Texas Instruments from $230.00 to $200.00 and set a “buy” rating for the company in a report on Thursday, April 24th. Finally, Baird R W raised Texas Instruments from a “hold” rating to a “strong-buy” rating in a report on Monday, April 7th. Four equities research analysts have rated the stock with a sell rating, twelve have given 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, Texas Instruments has a consensus rating of “Hold” and an average target price of $190.55.

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.