Texas Instruments (NASDAQ:TXN) Rating Increased to Strong-Buy at KeyCorp

KeyCorp upgraded shares of Texas Instruments (NASDAQ:TXN) from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports.

TXN has been the subject of several other research reports. Sanford C. Bernstein started coverage on shares of Texas Instruments in a research note on Friday, May 22nd. They issued a “market perform” rating for the company. Wolfe Research reiterated an “outperform” rating and set a $315.00 target price on shares of Texas Instruments in a report on Thursday, April 23rd. Truist Financial raised their price target on shares of Texas Instruments from $225.00 to $278.00 and gave the company a “hold” rating in a research report on Thursday, April 23rd. UBS Group boosted their price target on shares of Texas Instruments from $295.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Finally, Susquehanna reaffirmed a “positive” rating and set a $300.00 price objective on shares of Texas Instruments in a research report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $281.84.

Texas Instruments Price Performance

TXN stock opened at $305.55 on Monday. The business’s fifty day moving average price is $302.31 and its 200 day moving average price is $241.50. Texas Instruments has a 12-month low of $152.73 and a 12-month high of $334.03. The company has a current ratio of 4.46, a quick ratio of 2.94 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $278.08 billion, a PE ratio of 52.32, a P/E/G ratio of 1.50 and a beta of 1.32.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.31. The company had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.85 billion. Texas Instruments had a return on equity of 32.49% and a net margin of 29.11%.Texas Instruments’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same period last year, the business posted $1.23 EPS. Texas Instruments has set its Q2 2026 guidance at 1.770-2.050 EPS. On average, sell-side analysts anticipate that Texas Instruments will post 7.66 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Tuesday, May 5th were paid a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Tuesday, May 5th. Texas Instruments’s dividend payout ratio is presently 97.26%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Shanon J. Leonard sold 4,963 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $295.22, for a total value of $1,465,176.86. Following the sale, the vice president directly owned 24,867 shares of the company’s stock, valued at approximately $7,341,235.74. This represents a 16.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Carrie Smith Cox sold 8,838 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $306.41, for a total transaction of $2,708,051.58. Following the completion of the sale, the director directly owned 37,626 shares in the company, valued at approximately $11,528,982.66. This represents a 19.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 303,475 shares of company stock valued at $85,666,638 over the last quarter. Insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Texas Instruments

Institutional investors have recently modified their holdings of the company. State Street Corp lifted its holdings in Texas Instruments by 0.5% during the 3rd quarter. State Street Corp now owns 43,555,112 shares of the semiconductor company’s stock worth $8,002,381,000 after buying an additional 230,098 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Texas Instruments by 6.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 24,288,604 shares of the semiconductor company’s stock valued at $4,213,832,000 after acquiring an additional 1,517,420 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Texas Instruments by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 22,865,312 shares of the semiconductor company’s stock valued at $3,952,933,000 after acquiring an additional 248,515 shares during the last quarter. Invesco Ltd. raised its position in shares of Texas Instruments by 10.6% during the 4th quarter. Invesco Ltd. now owns 18,184,514 shares of the semiconductor company’s stock worth $3,154,831,000 after acquiring an additional 1,749,513 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Texas Instruments by 33.6% during the 1st quarter. Bank of New York Mellon Corp now owns 16,402,834 shares of the semiconductor company’s stock worth $3,184,446,000 after acquiring an additional 4,129,601 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Company Profile

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.