Texas Instruments Incorporated (NASDAQ:TXN – Get Free Report) Director Pamela Patsley sold 4,532 shares of the business’s stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $301.56, for a total transaction of $1,366,669.92. Following the completion of the sale, the director owned 34,487 shares of the company’s stock, valued at approximately $10,399,899.72. The trade was a 11.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Texas Instruments Price Performance
TXN stock opened at $312.94 on Friday. The stock has a 50-day moving average price of $274.96 and a two-hundred day moving average price of $258.21. Texas Instruments Incorporated has a 12-month low of $152.73 and a 12-month high of $334.03. The company has a current ratio of 5.59, a quick ratio of 4.05 and a debt-to-equity ratio of 0.67. The company has a market cap of $285.96 billion, a PE ratio of 40.59, a price-to-earnings-growth ratio of 1.54 and a beta of 1.35.
Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.22. The business had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.94 billion. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.48 EPS. As a group, research analysts predict that Texas Instruments Incorporated will post 8.89 EPS for the current year.
Texas Instruments Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be given a $1.52 dividend. This represents a $6.08 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, October 30th. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio is currently 78.86%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the stock. Cantor Fitzgerald restated a “neutral” rating on shares of Texas Instruments in a research note on Tuesday, October 20th. Zacks Research upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 22nd. Wells Fargo & Company lowered their price objective on Texas Instruments from $310.00 to $300.00 and set an “equal weight” rating for the company in a report on Tuesday, October 20th. Truist Financial set a $305.00 price objective on Texas Instruments in a research note on Thursday, October 22nd. Finally, The Goldman Sachs Group restated a “sell” rating and set a $250.00 price objective on shares of Texas Instruments in a research note on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $315.37.
Get Our Latest Report on Texas Instruments
Trending Headlines about Texas Instruments
Here are the key news stories impacting Texas Instruments this week:
- Positive Sentiment: Strong earnings and revenue growth support the stock. Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 27.7% year over year, and earnings per share of $2.62, exceeding the $2.40 consensus estimate. Management forecast fourth-quarter revenue of $5.80 billion to $6.30 billion and EPS of $2.45 to $2.79, suggesting continued demand across industrial, automotive and data-center markets. Earnings Beat Might Change Texas Instruments Stock Narrative
- Positive Sentiment: Profitability improved materially. Third-quarter gross margin rose to 64.2%, compared with 57.4% a year earlier and 61.4% in the prior quarter, as higher sales and factory utilization boosted operating leverage. TXN’s Gross Margin Crosses 64% in Q3
- Positive Sentiment: Institutional demand is a supportive signal. ETFs reportedly purchased about $37 million of TXN shares on Monday, while 41 ETFs added the stock on October 27, potentially providing incremental buying pressure. ETFs Bought $37.0 Million of Texas Instruments
- Neutral Sentiment: Analyst sentiment is broadly constructive but not decisive. Brokerage ratings point toward buying TXN, although such recommendations can be overly optimistic. DZ Bank upgraded the shares from “sell” to “hold,” but set a $300 price target, below the recent trading level. DZ Bank Texas Instruments Rating
- Negative Sentiment: Valuation and cash-flow expectations remain concerns. With TXN trading at a high earnings multiple, investors are questioning whether future free cash flow can justify the stock’s price, particularly as the company continues investing heavily in manufacturing capacity. Can Texas Instruments Justify Its Price On Future Cash Flow?
- Negative Sentiment: Director selling adds a modest cautionary signal. Three directors sold a combined 14,903 shares at prices near $302, reducing their individual holdings by roughly 12% to 28%. The transactions may reflect personal portfolio decisions, but could weigh on sentiment near the stock’s highs.
- Negative Sentiment: Sector risks remain. Weak guidance from NXP Semiconductor renewed concerns about automotive-chip demand and pressured portions of the semiconductor group, including Texas Instruments. Soft Guidance Revives Auto Chip Worries
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Scarborough Advisors LLC acquired a new stake in Texas Instruments in the first quarter worth about $29,000. Creative Capital Management Investments LLC grew its position in Texas Instruments by 167.5% in the 3rd quarter. Creative Capital Management Investments LLC now owns 107 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 67 shares in the last quarter. Kilter Group LLC bought a new position in Texas Instruments in the 2nd quarter valued at about $31,000. Main Street Group LTD acquired a new position in Texas Instruments during the 1st quarter valued at about $32,000. Finally, Nvwm LLC increased its stake in Texas Instruments by 550.0% during the 3rd quarter. Nvwm LLC now owns 117 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 99 shares during the period. Institutional investors own 84.99% of the company’s stock.
Texas Instruments Company Profile
Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.
The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.
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