Texas Instruments Incorporated (NASDAQ:TXN) Receives $208.76 Average PT from Analysts

Shares of Texas Instruments Incorporated (NASDAQ:TXN - Get Free Report) have been assigned a consensus rating of "Hold" from the twenty-four analysts that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $206.86.

TXN has been the topic of a number of recent analyst reports. Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Baird R W upgraded Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Wells Fargo & Company decreased their target price on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Citigroup cut their price objective on shares of Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Finally, Benchmark reiterated a "buy" rating and set a $230.00 price target on shares of Texas Instruments in a report on Friday, January 24th.

Insider Buying and Selling at Texas Instruments

In other news, Director Mark A. Blinn sold 590 shares of the company's stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the transaction, the director now owns 10,816 shares of the company's stock, valued at approximately $2,202,353.92. This represents a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 297,655 shares of company stock valued at $59,841,304 in the last 90 days. Insiders own 0.57% of the company's stock.

Institutional Investors Weigh In On Texas Instruments

Several institutional investors have recently modified their holdings of TXN. Promus Capital LLC bought a new stake in Texas Instruments in the fourth quarter worth $25,000. Financial Life Planners purchased a new position in shares of Texas Instruments during the 4th quarter worth about $26,000. Retirement Wealth Solutions LLC bought a new position in Texas Instruments during the 4th quarter valued at about $27,000. Summit Securities Group LLC purchased a new stake in Texas Instruments in the 4th quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Texas Instruments in the fourth quarter worth about $28,000. 84.99% of the stock is owned by institutional investors.

Texas Instruments Trading Up 1.2 %

Shares of NASDAQ:TXN traded up $1.79 during midday trading on Tuesday, hitting $148.34. 5,690,642 shares of the stock were exchanged, compared to its average volume of 6,138,575. The business's 50-day moving average price is $177.70 and its 200 day moving average price is $189.85. The stock has a market capitalization of $134.97 billion, a price-to-earnings ratio of 28.58, a P/E/G ratio of 3.30 and a beta of 0.99. Texas Instruments has a 12 month low of $139.95 and a 12 month high of $220.39. 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 (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping 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 quarter in the prior year, the business earned $1.49 earnings per share. Analysts predict that Texas Instruments will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 3.67%. Texas Instruments's dividend payout ratio is currently 104.82%.

About Texas Instruments

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.