UBS Group Has Lowered Expectations for Texas Instruments (NASDAQ:TXN) Stock Price

Texas Instruments (NASDAQ:TXN - Free Report) had its price objective reduced by UBS Group from $250.00 to $225.00 in a research note issued to investors on Monday, Marketbeat Ratings reports. They currently have a buy rating on the semiconductor company's stock.

Several other equities research analysts also recently issued reports on TXN. Wells Fargo & Company cut their price target on Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. Mizuho cut their target price on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a research note on Friday, January 24th. Baird R W upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Citigroup cut their price objective on shares of Texas Instruments from $235.00 to $210.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Finally, Robert W. Baird upgraded Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 target price on the stock in a research note on Monday, April 7th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $206.86.

Texas Instruments Stock Up 1.2 %

Shares of NASDAQ TXN traded up $1.79 during trading hours on Monday, hitting $148.34. The company had a trading volume of 5,690,642 shares, compared to its average volume of 6,140,707. The stock has a market capitalization of $134.97 billion, a P/E ratio of 28.58, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. Texas Instruments has a 1-year low of $139.95 and a 1-year high of $220.39. The firm's 50 day moving average is $177.08 and its 200-day moving average is $189.48. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

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 (EPS) for the quarter, beating analysts' consensus estimates 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 in the previous year, the business posted $1.49 EPS. On average, analysts expect that Texas Instruments will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders 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 dividend yield of 3.67%. Texas Instruments's dividend payout ratio (DPR) is currently 104.82%.

Insider Buying and Selling

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 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 $2,202,353.92. This represents a 35.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total value of $19,175,930.00. Following the sale, the chairman now directly owns 409,089 shares in the company, valued at $80,872,804.41. The trade was a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock worth $59,841,304 in the last three months. 0.57% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Texas Instruments

Hedge funds have recently modified their holdings of the business. Shepherd Financial Partners LLC raised its position in Texas Instruments by 4.7% during the 1st quarter. Shepherd Financial Partners LLC now owns 3,265 shares of the semiconductor company's stock worth $587,000 after purchasing an additional 147 shares during the last quarter. PKO Investment Management Joint Stock Co raised its position in shares of Texas Instruments by 87.9% during the first quarter. PKO Investment Management Joint Stock Co now owns 37,588 shares of the semiconductor company's stock worth $6,755,000 after acquiring an additional 17,588 shares during the last quarter. Berkshire Bank lifted its stake in shares of Texas Instruments by 2.4% in the first quarter. Berkshire Bank now owns 12,447 shares of the semiconductor company's stock worth $2,237,000 after acquiring an additional 292 shares during the period. Chicago Capital LLC increased its position in Texas Instruments by 7.7% during the 1st quarter. Chicago Capital LLC now owns 10,780 shares of the semiconductor company's stock valued at $1,937,000 after purchasing an additional 771 shares during the period. Finally, Inscription Capital LLC bought a new position in Texas Instruments during the 1st quarter worth approximately $623,000. Institutional investors and hedge funds own 84.99% of the company's stock.

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.