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

Shares of Texas Instruments Incorporated (NASDAQ:TXN - Get Free Report) have been assigned an average recommendation of "Hold" from the twenty-one research firms that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $204.67.

A number of research firms have recently commented on TXN. Evercore ISI increased their price target on shares of Texas Instruments from $255.00 to $268.00 and gave the company an "outperform" rating in a report on Tuesday, August 20th. Cantor Fitzgerald reissued a "neutral" rating and issued a $210.00 target price on shares of Texas Instruments in a report on Wednesday, August 21st. Robert W. Baird boosted their price target on Texas Instruments from $175.00 to $200.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 24th. Stifel Nicolaus increased their price objective on Texas Instruments from $172.00 to $200.00 and gave the company a "hold" rating in a research report on Thursday, July 18th. Finally, Wells Fargo & Company initiated coverage on shares of Texas Instruments in a research note on Thursday, May 16th. They issued an "underweight" rating and a $150.00 price target for the company.

Texas Instruments Stock Up 1.5 %

Shares of Texas Instruments stock traded up $3.25 during midday trading on Monday, hitting $214.34. The company had a trading volume of 5,861,000 shares, compared to its average volume of 5,469,963. Texas Instruments has a 52-week low of $139.48 and a 52-week high of $214.66. The company has a debt-to-equity ratio of 0.75, a quick ratio of 3.49 and a current ratio of 4.62. The stock has a market capitalization of $195.70 billion, a P/E ratio of 33.44, a P/E/G ratio of 4.66 and a beta of 0.99. The company has a 50 day moving average of $199.51 and a 200 day moving average of $186.26.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $1.16 by $0.06. The firm had revenue of $3.82 billion for the quarter, compared to analysts' expectations of $3.82 billion. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The company's quarterly revenue was down 15.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.87 earnings per share. On average, equities analysts predict that Texas Instruments will post 5.11 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Wednesday, July 31st were given a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.43%. The ex-dividend date was Wednesday, July 31st. Texas Instruments's dividend payout ratio is presently 81.12%.

Insider Activity at Texas Instruments

In related news, VP Shanon J. Leonard sold 2,816 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $208.91, for a total value of $588,290.56. Following the completion of the transaction, the vice president now owns 24,112 shares of the company's stock, valued at approximately $5,037,237.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Texas Instruments news, VP Mohammad Yunus sold 3,778 shares of the business's stock in a transaction on Monday, August 26th. The shares were sold at an average price of $208.90, for a total transaction of $789,224.20. Following the transaction, the vice president now owns 28,894 shares in the company, valued at $6,035,956.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Shanon J. Leonard sold 2,816 shares of the firm's stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the sale, the vice president now owns 24,112 shares of the company's stock, valued at approximately $5,037,237.92. The disclosure for this sale can be found here. Insiders have sold a total of 15,558 shares of company stock valued at $3,255,323 over the last 90 days. 0.68% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Texas Instruments

Hedge funds have recently bought and sold shares of the business. Investment Advisory Services Inc. TX ADV raised its stake in shares of Texas Instruments by 1.6% during the second quarter. Investment Advisory Services Inc. TX ADV now owns 3,145 shares of the semiconductor company's stock valued at $612,000 after acquiring an additional 51 shares in the last quarter. Verity Asset Management Inc. raised its position in Texas Instruments by 1.1% during the 1st quarter. Verity Asset Management Inc. now owns 4,841 shares of the semiconductor company's stock valued at $843,000 after purchasing an additional 54 shares in the last quarter. Prentice Wealth Management LLC lifted its holdings in shares of Texas Instruments by 2.1% in the 2nd quarter. Prentice Wealth Management LLC now owns 2,651 shares of the semiconductor company's stock worth $516,000 after buying an additional 55 shares during the period. Pure Financial Advisors LLC grew its position in shares of Texas Instruments by 2.5% during the 2nd quarter. Pure Financial Advisors LLC now owns 2,228 shares of the semiconductor company's stock worth $433,000 after buying an additional 55 shares in the last quarter. Finally, Bell Investment Advisors Inc increased its stake in shares of Texas Instruments by 14.1% during the second quarter. Bell Investment Advisors Inc now owns 446 shares of the semiconductor company's stock valued at $87,000 after buying an additional 55 shares during the period. 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.