Texas Instruments (NASDAQ:TXN) Stock Rating Upgraded by Seaport Res Ptn

Texas Instruments (NASDAQ:TXN) was upgraded by equities research analysts at Seaport Res Ptn from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. Stifel Nicolaus upped their price objective on shares of Texas Instruments from $160.00 to $192.00 and gave the stock a “hold” rating in a research report on Friday, July 18th. Argus raised shares of Texas Instruments to a “strong-buy” rating in a research note on Friday, April 25th. UBS Group set a $255.00 price target on shares of Texas Instruments in a research note on Tuesday. Citigroup reiterated a “buy” rating on shares of Texas Instruments in a report on Tuesday. Finally, Robert W. Baird upgraded shares of Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 price objective on the stock in a report on Monday, April 7th. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $205.28.

Texas Instruments Trading Up 0.2%

NASDAQ:TXN opened at $214.92 on Monday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26. The firm has a market cap of $195.25 billion, a P/E ratio of 40.78, a P/E/G ratio of 3.49 and a beta of 1.03. The firm has a 50-day simple moving average of $199.35 and a 200-day simple moving average of $185.23. Texas Instruments has a one year low of $139.95 and a one year high of $221.69.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.09. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. During the same quarter in the previous year, the firm earned $1.17 earnings per share. Texas Instruments’s revenue for the quarter was up 16.4% on a year-over-year basis. Equities analysts anticipate that Texas Instruments will post 5.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC grew its position in Texas Instruments by 10.9% in the first quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company’s stock worth $11,462,000 after acquiring an additional 6,267 shares during the period. Brighton Jones LLC grew its position in shares of Texas Instruments by 33.4% in the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company’s stock worth $3,158,000 after buying an additional 4,218 shares during the period. Gries Financial LLC bought a new stake in shares of Texas Instruments during the first quarter worth $243,000. JARISLOWSKY FRASER Ltd raised its stake in shares of Texas Instruments by 7.4% during the 4th quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company’s stock worth $448,000 after buying an additional 165 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Texas Instruments by 2.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 495,548 shares of the semiconductor company’s stock valued at $89,050,000 after purchasing an additional 11,057 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Company 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.