Texas Instruments Incorporated (NASDAQ:TXN) Receives Consensus Rating of “Hold” from Analysts

Texas Instruments Incorporated (NASDAQ:TXN) has been given an average recommendation of “Hold” by the twenty-three ratings firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $210.05.

TXN has been the topic of several research reports. Rosenblatt Securities reissued a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Morgan Stanley increased their price objective on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Robert W. Baird decreased their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Finally, Benchmark reissued a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a report on Wednesday, October 23rd.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the transaction, the director now owns 20,461 shares of the company’s stock, valued at $4,272,256.80. This trade represents a 32.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the transaction, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. First Hawaiian Bank boosted its holdings in Texas Instruments by 7.5% in the 4th quarter. First Hawaiian Bank now owns 6,782 shares of the semiconductor company’s stock worth $1,272,000 after acquiring an additional 474 shares during the period. Farmers Trust Co. boosted its stake in shares of Texas Instruments by 18.0% in the fourth quarter. Farmers Trust Co. now owns 1,718 shares of the semiconductor company’s stock valued at $322,000 after purchasing an additional 262 shares during the period. Douglas Lane & Associates LLC grew its holdings in Texas Instruments by 6.5% during the 4th quarter. Douglas Lane & Associates LLC now owns 1,947 shares of the semiconductor company’s stock valued at $365,000 after purchasing an additional 118 shares in the last quarter. Worth Asset Management LLC grew its holdings in Texas Instruments by 14.5% during the 4th quarter. Worth Asset Management LLC now owns 4,936 shares of the semiconductor company’s stock valued at $926,000 after purchasing an additional 626 shares in the last quarter. Finally, Bangor Savings Bank increased its stake in Texas Instruments by 13.7% during the 4th quarter. Bangor Savings Bank now owns 812 shares of the semiconductor company’s stock worth $152,000 after buying an additional 98 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Down 0.3 %

TXN opened at $191.66 on Friday. Texas Instruments has a one year low of $155.46 and a one year high of $220.38. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The stock has a market capitalization of $174.84 billion, a P/E ratio of 35.62, a price-to-earnings-growth ratio of 4.19 and a beta of 0.98. The business’s 50-day simple moving average is $197.03 and its 200-day simple moving average is $199.72.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.38 by $0.09. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The firm’s revenue was down 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.80 earnings per share. Analysts anticipate that Texas Instruments will post 5.08 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were paid a dividend of $1.36 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.84%. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s dividend payout ratio (DPR) is presently 101.12%.

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.