Foster Group Inc. Invests $209,000 in Texas Instruments Incorporated (NASDAQ:TXN)

Foster Group Inc. bought a new position in Texas Instruments Incorporated (NASDAQ:TXN) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,161 shares of the semiconductor company’s stock, valued at approximately $209,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Gerber Kawasaki Wealth & Investment Management lifted its stake in Texas Instruments by 1.8% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company’s stock valued at $598,000 after acquiring an additional 56 shares during the period. Voya Financial Advisors Inc. lifted its position in Texas Instruments by 1.6% during the fourth quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company’s stock valued at $686,000 after purchasing an additional 58 shares during the period. Augustine Asset Management Inc. lifted its position in Texas Instruments by 5.2% during the fourth quarter. Augustine Asset Management Inc. now owns 1,204 shares of the semiconductor company’s stock valued at $226,000 after purchasing an additional 60 shares during the period. Financial Advocates Investment Management lifted its position in Texas Instruments by 2.3% during the fourth quarter. Financial Advocates Investment Management now owns 2,743 shares of the semiconductor company’s stock valued at $514,000 after purchasing an additional 61 shares during the period. Finally, Dunhill Financial LLC lifted its position in Texas Instruments by 3.7% during the fourth quarter. Dunhill Financial LLC now owns 1,707 shares of the semiconductor company’s stock valued at $320,000 after purchasing an additional 61 shares during the period. Institutional investors own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TXN. Barclays cut Texas Instruments from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $180.00 to $125.00 in a report on Tuesday, April 22nd. Cantor Fitzgerald lowered their target price on Texas Instruments from $200.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, April 24th. Citigroup lowered their target price on Texas Instruments from $235.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, April 11th. Benchmark lowered their target price on Texas Instruments from $230.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, April 24th. Finally, Mizuho set a $170.00 price objective on shares of Texas Instruments in a research note on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $189.41.

Texas Instruments Stock Up 1.0%

Shares of TXN stock opened at $192.42 on Friday. The company has a market capitalization of $174.81 billion, a price-to-earnings ratio of 37.08, a PEG ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $220.39. The company’s fifty day moving average price is $168.87 and its 200-day moving average price is $182.16. 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 (NASDAQ:TXN) last announced its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.06 by $0.22. The firm had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The company’s revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $1.10 EPS. Sell-side analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced 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. This represents a $5.44 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 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.