Texas Instruments (NASDAQ:TXN) Stock Rating Upgraded by DZ Bank

Texas Instruments (NASDAQ:TXN - Get Free Report) was upgraded by investment analysts at DZ Bank from a "sell" rating to a "hold" rating in a research note issued to investors on Friday, MarketBeat Ratings reports. The brokerage currently has a $163.00 price objective on the semiconductor company's stock. DZ Bank's target price indicates a potential upside of 0.09% from the company's previous close.

Several other research analysts have also weighed in on the company. Stifel Nicolaus dropped their target price on Texas Instruments from $200.00 to $160.00 and set a "hold" rating on the stock in a research report on Thursday, April 17th. Mizuho set a $170.00 price objective on shares of Texas Instruments in a research report on Thursday. Citigroup decreased their target price 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. Cantor Fitzgerald cut their price target on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a report on Thursday. Finally, UBS Group decreased their price objective on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a report on Thursday. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $189.41.

Texas Instruments Trading Up 0.5 %

Texas Instruments stock traded up $0.73 during midday trading on Friday, reaching $162.86. The stock had a trading volume of 8,381,928 shares, compared to its average volume of 6,193,889. The firm's fifty day simple moving average is $174.21 and its two-hundred day simple moving average is $187.59. The firm has a market cap of $148.19 billion, a price-to-earnings ratio of 31.38, a PEG ratio of 3.30 and a beta of 0.99. 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 posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The business had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. Equities analysts anticipate that Texas Instruments will post 5.35 EPS for the current fiscal year.

Insider Activity

In other news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the transaction, the chairman now owns 409,089 shares in the company, valued at approximately $82,930,522.08. The trade was a 19.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mark A. Blinn sold 590 shares of the firm's stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the sale, the director now directly 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. Company insiders own 0.57% of the company's stock.

Institutional Inflows and Outflows

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