Shares of Texas Instruments Incorporated (NASDAQ:TXN – Get Free Report) have received a consensus rating of “Hold” from the thirty-one research firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $311.39.
Several equities analysts have recently issued reports on TXN shares. Arete Research reduced their price target on shares of Texas Instruments from $405.00 to $381.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Texas Instruments in a report on Tuesday. Wells Fargo & Company dropped their price objective on shares of Texas Instruments from $310.00 to $300.00 and set an “equal weight” rating on the stock in a report on Tuesday. Stifel Nicolaus lifted their price objective on shares of Texas Instruments from $360.00 to $370.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Freedom Broker raised shares of Texas Instruments from a “hold” rating to a “buy” rating and boosted their target price for the company from $260.00 to $330.00 in a research note on Thursday.
Get Our Latest Report on Texas Instruments
Texas Instruments Trading Up 1.9%
Shares of NASDAQ TXN opened at $284.69 on Friday. The company has a market cap of $259.99 billion, a price-to-earnings ratio of 36.92, a price-to-earnings-growth ratio of 1.52 and a beta of 1.35. Texas Instruments 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 3.44 and a debt-to-equity ratio of 0.67. The stock’s 50 day simple moving average is $271.98 and its 200 day simple moving average is $279.47.
Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The firm had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same period in the prior year, the business earned $1.48 EPS. The firm’s revenue was up 27.7% on a year-over-year basis. Equities research analysts expect that Texas Instruments will post 8.69 EPS for the current year.
Texas Instruments Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be paid a $1.52 dividend. The ex-dividend date is Friday, October 30th. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a dividend yield of 2.1%. Texas Instruments’s dividend payout ratio (DPR) is 78.86%.
Texas Instruments News Summary
Here are the key news stories impacting Texas Instruments this week:
- Positive Sentiment: Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 28% year over year, while EPS increased 77% to $2.62 and exceeded consensus expectations. Industrial, analog and data-center demand drove the results, with data-center revenue reportedly rising 95%. TXN Q3 Earnings Beat Estimates on Strong Analog, Data Center Demand
- Positive Sentiment: Management’s fourth-quarter revenue guidance, with a midpoint of about $6.05 billion, came in well above analyst expectations. Capacity expansion and broader cyclical recovery could support longer-term revenue, margins and cash flow. TXN Q3 Deep Dive: Industrial and Data Center Growth Drive Outlook Upgrade
- Positive Sentiment: Analyst sentiment strengthened: Zacks upgraded TXN to Rank #1, Freedom Broker raised its rating to Buy with a $330 target, and JPMorgan lifted its target to $365 while maintaining an Overweight rating. Texas Instruments Upgraded to Strong Buy
- Positive Sentiment: New chips for AI data centers—including power-monitoring, high-voltage distribution and timing components—give TXN additional exposure to data-center infrastructure growth. Texas Instruments Debuts Industry First Chips for AI Data Centers
- Neutral Sentiment: Unusual call-option activity and comparisons with Micron indicate bullish trading interest, although Micron was viewed as having stronger AI-driven growth and a lower valuation. Micron vs. Texas Instruments
- Negative Sentiment: TXN’s premium valuation remains a risk if the industrial recovery or AI infrastructure spending slows. Mizuho lowered its target to $290 and kept a Neutral rating, highlighting limited near-term upside. Mizuho Texas Instruments Rating
Insider Buying and Selling at Texas Instruments
In other news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the sale, the vice president owned 23,181 shares of the company’s stock, valued at approximately $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.60% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. bought a new position in shares of Texas Instruments in the second quarter valued at approximately $24,607,313,000. Bank of New York Mellon Corp acquired a new position in shares of Texas Instruments during the second quarter valued at approximately $4,488,666,000. Bank of America Corp DE acquired a new position in shares of Texas Instruments during the second quarter valued at approximately $3,700,842,000. Primecap Management Co. CA bought a new stake in Texas Instruments during the second quarter worth approximately $2,538,063,000. Finally, Legal & General Group Plc bought a new stake in Texas Instruments during the second quarter worth approximately $1,918,277,000. Institutional investors own 84.99% of the company’s stock.
About Texas Instruments
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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