Texas Instruments (NASDAQ:TXN) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Texas Instruments (NASDAQ:TXN – Get Rating) in a research report sent to investors on Thursday morning. The firm issued a hold rating on the semiconductor company’s stock.

A number of other research analysts have also weighed in on the company. Susquehanna raised their price objective on Texas Instruments from $205.00 to $210.00 and gave the company a positive rating in a report on Friday, February 3rd. Truist Financial raised their price objective on Texas Instruments from $177.00 to $180.00 and gave the company a hold rating in a report on Friday, February 3rd. Morgan Stanley raised their price objective on Texas Instruments from $152.00 to $166.00 and gave the company an underweight rating in a report on Wednesday, January 25th. BMO Capital Markets raised their target price on Texas Instruments from $195.00 to $215.00 and gave the stock an outperform rating in a research note on Wednesday, January 25th. Finally, Cowen raised their target price on Texas Instruments from $160.00 to $175.00 and gave the stock a market perform rating in a research note on Wednesday, January 25th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Texas Instruments has a consensus rating of Hold and a consensus price target of $179.70.

Texas Instruments Trading Down 0.8 %

Shares of NASDAQ:TXN opened at $175.71 on Thursday. Texas Instruments has a 1 year low of $144.46 and a 1 year high of $191.34. The firm has a market capitalization of $159.23 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 2.52 and a beta of 1.04. The company has a debt-to-equity ratio of 0.56, a current ratio of 4.70 and a quick ratio of 3.77. The business’s 50 day moving average price is $175.62 and its 200-day moving average price is $169.50.

Texas Instruments (NASDAQ:TXN – Get Rating) last announced its earnings results on Tuesday, January 24th. The semiconductor company reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.96 by $0.17. The firm had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.64 billion. Texas Instruments had a return on equity of 61.06% and a net margin of 43.68%. The business’s revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.27 EPS. On average, equities research analysts forecast that Texas Instruments will post 7.53 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 14th. Shareholders of record on Tuesday, January 31st were given a $1.24 dividend. This represents a $4.96 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend was Monday, January 30th. Texas Instruments’s dividend payout ratio is currently 52.77%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 3,068 shares of Texas Instruments stock in a transaction dated Friday, February 3rd. The stock was sold at an average price of $181.69, for a total value of $557,424.92. Following the completion of the transaction, the director now directly owns 11,773 shares of the company’s stock, valued at approximately $2,139,036.37. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Mark A. Blinn sold 3,068 shares of Texas Instruments stock in a transaction dated Friday, February 3rd. The stock was sold at an average price of $181.69, for a total value of $557,424.92. Following the completion of the transaction, the director now owns 11,773 shares in the company, valued at approximately $2,139,036.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Ahmad Bahai sold 1,200 shares of the business’s stock in a transaction that occurred on Monday, February 13th. The stock was sold at an average price of $176.67, for a total value of $212,004.00. Following the sale, the vice president now owns 30,357 shares of the company’s stock, valued at approximately $5,363,171.19. The disclosure for this sale can be found here. 0.54% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Visionary Wealth Advisors grew its stake in Texas Instruments by 0.6% in the 2nd quarter. Visionary Wealth Advisors now owns 9,191 shares of the semiconductor company’s stock valued at $1,412,000 after acquiring an additional 57 shares during the last quarter. Choreo LLC grew its position in shares of Texas Instruments by 1.9% during the fourth quarter. Choreo LLC now owns 3,172 shares of the semiconductor company’s stock worth $524,000 after buying an additional 58 shares in the last quarter. Delta Investment Management LLC lifted its stake in Texas Instruments by 1.5% during the fourth quarter. Delta Investment Management LLC now owns 3,922 shares of the semiconductor company’s stock worth $648,000 after purchasing an additional 59 shares during the last quarter. Strategic Family Wealth Counselors L.L.C. lifted its stake in Texas Instruments by 4.0% during the second quarter. Strategic Family Wealth Counselors L.L.C. now owns 1,560 shares of the semiconductor company’s stock worth $240,000 after purchasing an additional 60 shares during the last quarter. Finally, Beacon Capital Management LLC lifted its stake in Texas Instruments by 34.5% in the third quarter. Beacon Capital Management LLC now owns 234 shares of the semiconductor company’s stock valued at $36,000 after buying an additional 60 shares during the last quarter. Institutional investors and hedge funds own 83.12% of the company’s stock.

About Texas Instruments

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Texas Instruments Incorporated engages in the design and manufacture of semiconductors. It operates through Analog and Embedded Processing segments. The Analog segment includes semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors.