Texas Instruments Incorporated (NASDAQ:TXN) Given Consensus Recommendation of “Hold” by Brokerages

Texas Instruments Incorporated (NASDAQ:TXN – Get Rating) has earned a consensus rating of “Hold” from the twenty-four analysts that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $189.24.

Several analysts have recently commented on TXN shares. Credit Suisse Group lowered their target price on shares of Texas Instruments from $200.00 to $195.00 in a report on Wednesday. Truist Financial decreased their price objective on shares of Texas Instruments from $189.00 to $172.00 in a report on Wednesday. JPMorgan Chase & Co. raised their price objective on shares of Texas Instruments from $220.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, January 26th. Susquehanna decreased their price objective on shares of Texas Instruments from $230.00 to $215.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Bank of America decreased their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “buy” rating for the company in a report on Wednesday.

In other Texas Instruments news, VP Amichai Ron sold 2,037 shares of Texas Instruments stock in a transaction that occurred on Tuesday, February 8th. The shares were sold at an average price of $171.96, for a total transaction of $350,282.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Blinn sold 4,095 shares of Texas Instruments stock in a transaction that occurred on Friday, February 4th. The shares were sold at an average price of $170.54, for a total transaction of $698,361.30. The disclosure for this sale can be found here. Insiders sold 39,601 shares of company stock valued at $6,987,383 over the last 90 days. 0.54% of the stock is owned by company insiders.

A number of institutional investors have recently made changes to their positions in TXN. Claro Advisors LLC lifted its position in shares of Texas Instruments by 5.0% in the third quarter. Claro Advisors LLC now owns 1,171 shares of the semiconductor company’s stock worth $225,000 after buying an additional 56 shares in the last quarter. Vigilare Wealth Management lifted its position in shares of Texas Instruments by 1.7% in the first quarter. Vigilare Wealth Management now owns 3,538 shares of the semiconductor company’s stock worth $649,000 after buying an additional 59 shares in the last quarter. Atticus Wealth Management LLC increased its stake in Texas Instruments by 9.8% during the first quarter. Atticus Wealth Management LLC now owns 662 shares of the semiconductor company’s stock worth $122,000 after acquiring an additional 59 shares during the last quarter. Mitchell Sinkler & Starr PA increased its stake in Texas Instruments by 1.4% during the first quarter. Mitchell Sinkler & Starr PA now owns 4,335 shares of the semiconductor company’s stock worth $795,000 after acquiring an additional 59 shares during the last quarter. Finally, Uncommon Cents Investing LLC increased its stake in Texas Instruments by 1.8% during the first quarter. Uncommon Cents Investing LLC now owns 3,310 shares of the semiconductor company’s stock worth $607,000 after acquiring an additional 60 shares during the last quarter. Institutional investors and hedge funds own 82.99% of the company’s stock.

Shares of TXN stock opened at $175.85 on Friday. The firm has a 50-day moving average of $175.20 and a 200-day moving average of $182.56. The company has a market cap of $162.29 billion, a P/E ratio of 21.29, a P/E/G ratio of 2.09 and a beta of 0.95. The company has a debt-to-equity ratio of 0.54, a current ratio of 5.33 and a quick ratio of 4.58. Texas Instruments has a one year low of $160.50 and a one year high of $202.26.

Texas Instruments (NASDAQ:TXN – Get Rating) last announced its earnings results on Tuesday, April 26th. The semiconductor company reported $2.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.18 by $0.17. The company had revenue of $4.91 billion during the quarter, compared to the consensus estimate of $4.73 billion. Texas Instruments had a net margin of 42.35% and a return on equity of 66.40%. The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.87 earnings per share. As a group, research analysts expect that Texas Instruments will post 9.09 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 17th. Stockholders of record on Monday, May 9th will be given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.62%. Texas Instruments’s dividend payout ratio (DPR) is currently 55.69%.

Texas Instruments Company Profile (Get Rating)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.

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