Stifel Nicolaus Has Lowered Expectations for Texas Instruments (NASDAQ:TXN) Stock Price

Texas Instruments (NASDAQ:TXN - Free Report) had its price objective lowered by Stifel Nicolaus from $200.00 to $160.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has a hold rating on the semiconductor company's stock.

Other analysts also recently issued reports about the company. Truist Financial lowered their price target on Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a report on Friday, January 24th. Robert W. Baird raised shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target on the stock in a research note on Monday, April 7th. Citigroup lowered their target price on Texas Instruments from $235.00 to $210.00 and set a "buy" rating for the company in a research note on Friday, April 11th. Benchmark reissued a "buy" rating and issued a $230.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Finally, Cantor Fitzgerald reiterated a "neutral" rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $204.24.

Texas Instruments Trading Up 0.6 %

TXN stock traded up $0.91 on Thursday, hitting $146.52. 3,333,229 shares of the company were exchanged, compared to its average volume of 6,121,929. The stock has a market capitalization of $133.32 billion, a price-to-earnings ratio of 28.19, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. The business's fifty day moving average is $176.39 and its two-hundred day moving average is $188.90. Texas Instruments has a twelve month low of $139.95 and a twelve month high of $220.39. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period in the previous year, the company earned $1.49 EPS. As a group, research analysts forecast that Texas Instruments will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's dividend payout ratio is presently 104.82%.

Insider Transactions at Texas Instruments

In other news, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the transaction, the director now owns 10,816 shares in the company, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the sale, the director now directly owns 11,717 shares of the company's stock, valued at approximately $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. Insiders have sold a total of 297,655 shares of company stock valued at $59,841,304 over the last ninety days. Corporate insiders own 0.57% of the company's stock.

Institutional Investors Weigh In On Texas Instruments

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