Cwm LLC Has $13.79 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Cwm LLC lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 17.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,909 shares of the semiconductor company’s stock after selling 15,443 shares during the quarter. Cwm LLC’s holdings in Texas Instruments were worth $13,794,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in TXN. Tennessee Valley Asset Management Partners acquired a new position in Texas Instruments in the 4th quarter valued at approximately $25,000. Richardson Financial Services Inc. acquired a new position in Texas Instruments in the 4th quarter valued at approximately $26,000. Scarborough Advisors LLC acquired a new position in Texas Instruments in the 4th quarter valued at approximately $26,000. Westend Capital Management LLC acquired a new position in Texas Instruments in the 1st quarter valued at approximately $31,000. Finally, Pacific Capital Wealth Advisors Inc. acquired a new position in Texas Instruments in the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Benchmark reissued a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research report on Wednesday, July 24th. Cantor Fitzgerald reissued a “neutral” rating and issued a $210.00 target price on shares of Texas Instruments in a research report on Wednesday, July 24th. Citigroup boosted their target price on shares of Texas Instruments from $185.00 to $200.00 and gave the stock a “neutral” rating in a research report on Monday, July 15th. Oppenheimer reissued a “market perform” rating on shares of Texas Instruments in a research report on Wednesday, April 24th. Finally, Susquehanna boosted their target price on shares of Texas Instruments from $205.00 to $250.00 and gave the stock a “positive” rating in a research report on Wednesday, July 17th. Four research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and an average target price of $198.64.

Texas Instruments Stock Performance

Texas Instruments stock traded down $2.88 during mid-day trading on Wednesday, reaching $184.07. The company had a trading volume of 5,008,919 shares, compared to its average volume of 5,568,006. Texas Instruments Incorporated has a 52 week low of $139.48 and a 52 week high of $210.84. The firm has a market cap of $167.59 billion, a price-to-earnings ratio of 28.72, a PEG ratio of 4.08 and a beta of 0.99. The company has a quick ratio of 3.49, a current ratio of 4.62 and a debt-to-equity ratio of 0.75. The company has a 50 day moving average of $197.01 and a 200-day moving average of $181.33.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. The company had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.82 billion. During the same quarter in the prior year, the company posted $1.87 EPS. The business’s revenue was down 15.6% on a year-over-year basis. On average, sell-side analysts expect that Texas Instruments Incorporated will post 5.11 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 13th. Stockholders of record on Wednesday, July 31st will be paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date is Wednesday, July 31st. Texas Instruments’s dividend payout ratio is 81.12%.

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.