Texas Instruments Incorporated (NASDAQ:TXN) Receives $209.20 Average PT from Analysts

Shares of Texas Instruments Incorporated (NASDAQ:TXN) have been given an average recommendation of “Hold” by the twenty-two brokerages that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $209.20.

A number of equities research analysts recently weighed in on TXN shares. Benchmark reissued a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial decreased their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Cantor Fitzgerald restated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Mizuho reduced their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Finally, Barclays lowered their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th.

Texas Instruments Trading Down 0.9 %

NASDAQ:TXN opened at $179.00 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. Texas Instruments has a 1 year low of $159.11 and a 1 year high of $220.39. The stock has a market cap of $162.88 billion, a P/E ratio of 34.49, a P/E/G ratio of 3.30 and a beta of 0.98. The stock has a 50-day simple moving average of $187.47 and a 200-day simple moving average of $195.27.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period last year, the company earned $1.49 EPS. As a group, analysts anticipate that Texas Instruments will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

Insiders Place Their Bets

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now owns 10,816 shares of the company’s stock, valued at $2,202,353.92. This represents a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the transaction, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 297,655 shares of company stock worth $59,841,304. Corporate insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Texas Instruments

Hedge funds have recently bought and sold shares of the stock. Promus Capital LLC acquired a new stake in shares of Texas Instruments during the 4th quarter worth about $25,000. Financial Life Planners purchased a new position in shares of Texas Instruments during the fourth quarter valued at approximately $26,000. Retirement Wealth Solutions LLC purchased a new position in shares of Texas Instruments during the fourth quarter valued at approximately $27,000. Summit Securities Group LLC acquired a new stake in Texas Instruments during the fourth quarter worth approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Texas Instruments in the 4th quarter worth approximately $28,000. Hedge funds and other institutional investors 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.