Guidance Capital Inc. Has $826,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Guidance Capital Inc. raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 23.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,966 shares of the semiconductor company’s stock after acquiring an additional 957 shares during the quarter. Guidance Capital Inc.’s holdings in Texas Instruments were worth $826,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. AXQ Capital LP boosted its holdings in shares of Texas Instruments by 64.3% during the 3rd quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company’s stock worth $731,000 after buying an additional 1,800 shares during the period. First National Bank of Mount Dora Trust Investment Services boosted its holdings in shares of Texas Instruments by 0.4% during the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company’s stock worth $7,182,000 after buying an additional 155 shares during the period. Silver Oak Securities Incorporated acquired a new position in Texas Instruments during the 4th quarter valued at $222,000. First National Advisers LLC raised its stake in Texas Instruments by 27.6% during the 4th quarter. First National Advisers LLC now owns 9,516 shares of the semiconductor company’s stock valued at $1,623,000 after purchasing an additional 2,059 shares during the last quarter. Finally, Salem Investment Counselors Inc. raised its stake in Texas Instruments by 2.2% during the 4th quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company’s stock valued at $1,403,000 after purchasing an additional 177 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TXN has been the subject of several research analyst reports. Cantor Fitzgerald upped their target price on shares of Texas Instruments from $180.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, May 15th. Benchmark increased their price objective on shares of Texas Instruments from $210.00 to $230.00 and gave the company a “buy” rating in a research note on Friday, June 21st. Wells Fargo & Company began coverage on shares of Texas Instruments in a research note on Thursday, May 16th. They issued an “underweight” rating and a $150.00 price objective for the company. Jefferies Financial Group cut shares of Texas Instruments from a “buy” rating to a “hold” rating and dropped their price objective for the company from $200.00 to $175.00 in a research note on Monday, May 13th. Finally, Stifel Nicolaus increased their price objective on shares of Texas Instruments from $160.00 to $172.00 and gave the company a “hold” rating in a research note on Wednesday, April 24th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $183.43.

Texas Instruments Price Performance

NASDAQ:TXN traded up $1.10 during mid-day trading on Friday, reaching $194.53. 8,860,990 shares of the company were exchanged, compared to its average volume of 4,647,702. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $206.00. The company has a fifty day moving average of $190.26 and a 200 day moving average of $175.28. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. The stock has a market cap of $177.12 billion, a PE ratio of 30.35, a PEG ratio of 4.21 and a beta of 1.00.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The company’s revenue was down 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.85 EPS. On average, research analysts anticipate that Texas Instruments Incorporated will post 5.13 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend was Tuesday, May 7th. Texas Instruments’s dividend payout ratio (DPR) is presently 81.12%.

Insider Activity

In other news, Director Robert E. Sanchez sold 10,539 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $174.97, for a total value of $1,844,008.83. Following the transaction, the director now owns 20,461 shares of the company’s stock, valued at approximately $3,580,061.17. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Robert E. Sanchez sold 10,539 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $174.97, for a total value of $1,844,008.83. Following the sale, the director now directly owns 20,461 shares in the company, valued at approximately $3,580,061.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Pamela H. Patsley sold 9,990 shares of the stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the completion of the sale, the director now owns 33,348 shares in the company, valued at $5,973,293.76. The disclosure for this sale can be found here. In the last quarter, insiders have sold 328,969 shares of company stock valued at $58,427,984. 0.68% of the stock is currently owned by insiders.

Texas Instruments 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.