Buckhead Capital Management LLC Purchases 13,447 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Buckhead Capital Management LLC raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 153.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 22,187 shares of the semiconductor company’s stock after acquiring an additional 13,447 shares during the period. Buckhead Capital Management LLC’s holdings in Texas Instruments were worth $3,782,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Compagnie Lombard Odier SCmA increased its position in shares of Texas Instruments by 84.5% during 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 last quarter. Hexagon Capital Partners LLC increased its position in shares of Texas Instruments by 37.0% during 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 last quarter. Everett Harris & Co. CA increased its position in shares of Texas Instruments by 3.2% during 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 last quarter. Mount Vernon Associates Inc. MD increased its position in shares of 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 valued at $1,736,000 after purchasing an additional 100 shares during the last quarter. Finally, Raymond James & Associates increased its position in shares of Texas Instruments by 10.7% during the 3rd quarter. Raymond James & Associates now owns 1,774,843 shares of the semiconductor company’s stock valued at $282,218,000 after purchasing an additional 171,939 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Down 0.7 %

TXN traded down $1.22 on Wednesday, hitting $175.20. The company had a trading volume of 7,082,377 shares, compared to its average volume of 5,714,624. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.76 and a current ratio of 4.91. The stock has a market capitalization of $159.52 billion, a price-to-earnings ratio of 27.75, a P/E/G ratio of 3.82 and a beta of 1.04. The stock has a fifty day moving average price of $169.94 and a 200-day moving average price of $162.63. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $188.12.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.13. The business had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.61 billion. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The company’s quarterly revenue was down 16.4% on a year-over-year basis. During the same quarter last year, the company earned $1.85 earnings per share. Analysts predict that Texas Instruments Incorporated will post 5.21 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th will be issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is Tuesday, May 7th. Texas Instruments’s dividend payout ratio (DPR) is 81.12%.

Wall Street Analyst Weigh In

TXN has been the subject of several analyst reports. Rosenblatt Securities reissued a “buy” rating and issued a $210.00 target price on shares of Texas Instruments in a report on Wednesday, April 24th. The Goldman Sachs Group increased their target price on Texas Instruments from $137.00 to $157.00 and gave the company a “sell” rating in a research report on Wednesday, April 24th. Mizuho raised their price target on Texas Instruments from $164.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 24th. KeyCorp raised their price target on Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 24th. Finally, TD Cowen increased their target price on Texas Instruments from $160.00 to $175.00 and gave the stock a “hold” rating in a research note on Wednesday, April 24th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $180.74.

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.