Texas Instruments reports Q1 earnings beat with EPS of $1.28, revenue up 11.1% year-over-year.

Texas Instruments (TXN) saw its Q1 earnings beat analyst expectations, with EPS of $1.28 and revenue of $4.07 billion, up 11.1% year-over-year. Several financial firms adjusted their holdings in TXN, with some increasing and others reducing their stakes. The stock has a "Hold" rating with a $189.86 price target and a market cap of $183.77 billion. TXN designs and sells semiconductors through its Analog and Embedded Processing segments.