Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp trimmed its position in Texas Instruments Incorporated (NASDAQ:TXN) by 89.5% in the 1st quarter, HoldingsChannel reports. The firm owned 3,018 shares of the semiconductor company’s stock after selling 25,670 shares during the quarter. Boston Trust Walden Corp’s holdings in Texas Instruments were worth $542,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Promus Capital LLC acquired a new stake in Texas Instruments during the 4th quarter worth about $25,000. Summit Securities Group LLC purchased a new stake in shares of Texas Instruments in the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Texas Instruments during the fourth quarter worth about $28,000. Copia Wealth Management purchased a new position in Texas Instruments during the fourth quarter valued at approximately $30,000. Finally, Quintet Private Bank Europe S.A. acquired a new position in Texas Instruments in the first quarter valued at approximately $34,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

TXN has been the topic of a number of analyst reports. DZ Bank raised shares of Texas Instruments from a “sell” rating to a “hold” rating and set a $163.00 price objective on the stock in a research note on Friday, April 25th. Summit Insights downgraded shares of Texas Instruments from a “buy” rating to a “hold” rating in a report on Thursday, April 24th. Argus raised shares of Texas Instruments to a “strong-buy” rating in a report on Friday, April 25th. Robert W. Baird upgraded shares of Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 price objective for the company in a research report on Monday, April 7th. Finally, Baird R W upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a research 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 assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $190.55.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $198.20 on Friday. The company has a market cap of $180.06 billion, a P/E ratio of 37.61, a P/E/G ratio of 3.23 and a beta of 1.00. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39. The company’s 50-day moving average price is $176.97 and its 200-day moving average price is $182.10. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the prior year, the firm earned $1.10 EPS. Texas Instruments’s quarterly revenue was up 11.1% on a year-over-year basis. On average, sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 2.74%. Texas Instruments’s dividend payout ratio is presently 103.23%.

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.