Moss Adams Wealth Advisors LLC Has $362,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Moss Adams Wealth Advisors LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 18.2% during the first quarter, Holdings Channel reports. The firm owned 2,014 shares of the semiconductor company’s stock after acquiring an additional 310 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in Texas Instruments were worth $362,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TXN. Promus Capital LLC bought a new stake in Texas Instruments in the 4th quarter valued at about $25,000. Summit Securities Group LLC bought a new stake in Texas Instruments in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Texas Instruments in the 4th quarter valued at about $28,000. Copia Wealth Management bought a new stake in Texas Instruments in the 4th quarter valued at about $30,000. Finally, Atala Financial Inc bought a new stake in Texas Instruments in the 4th quarter valued at about $37,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Stock Performance

TXN stock opened at $199.21 on Tuesday. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $220.39. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The business has a 50 day moving average of $169.29 and a 200-day moving average of $181.95. The firm has a market cap of $180.98 billion, a PE ratio of 38.38, a P/E/G ratio of 3.30 and a beta of 1.00.

Texas Instruments (NASDAQ:TXN) last posted 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. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The business had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the prior year, the business earned $1.10 earnings per share. Texas Instruments’s revenue for the quarter was up 11.1% on a year-over-year basis. As a group, sell-side analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

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

Analysts Set New Price Targets

TXN has been the subject of a number of recent research reports. Stifel Nicolaus decreased their price objective on Texas Instruments from $200.00 to $160.00 and set a “hold” rating for the company in a report on Thursday, April 17th. Mizuho set a $170.00 price objective on Texas Instruments in a report on Thursday, April 24th. Rosenblatt Securities reissued a “buy” rating and set a $216.00 price objective on shares of Texas Instruments in a report on Thursday, April 24th. Wells Fargo & Company decreased their price objective on Texas Instruments from $200.00 to $175.00 and set an “equal weight” rating for the company in a report on Thursday, April 24th. Finally, Morgan Stanley reissued an “underweight” rating and set a $148.00 price objective (up from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Four 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $189.86.

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.