Q4 2024 EPS Estimates for Texas Instruments Incorporated (NASDAQ:TXN) Cut by Analyst

Texas Instruments Incorporated (NASDAQ:TXN - Free Report) - Equities researchers at Zacks Research reduced their Q4 2024 earnings per share estimates for Texas Instruments in a research note issued on Tuesday, May 7th. Zacks Research analyst S. Mete now forecasts that the semiconductor company will post earnings of $1.36 per share for the quarter, down from their prior forecast of $1.38. The consensus estimate for Texas Instruments' current full-year earnings is $5.21 per share.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.13. The business had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.61 billion. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. Texas Instruments's quarterly revenue was down 16.4% on a year-over-year basis. During the same quarter last year, the company posted $1.85 earnings per share.

Several other equities research analysts also recently issued reports on the company. TD Cowen raised their price target on Texas Instruments from $160.00 to $175.00 and gave the company a "hold" rating in a report on Wednesday, April 24th. Morgan Stanley boosted their price objective on Texas Instruments from $138.00 to $146.00 and gave the stock an "underweight" rating in a research report on Wednesday, January 24th. Truist Financial upped their price target on shares of Texas Instruments from $165.00 to $167.00 and gave the company a "hold" rating in a research report on Wednesday, April 24th. KeyCorp lifted their price objective on Texas Instruments from $180.00 to $200.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 24th. Finally, Robert W. Baird upped their price target on shares of Texas Instruments from $125.00 to $175.00 and gave the company a "neutral" rating in a research report on Thursday, April 25th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $180.74.

Texas Instruments Trading Up 0.7 %

Shares of NASDAQ:TXN traded up $1.37 during midday trading on Thursday, hitting $185.32. The company had a trading volume of 5,838,456 shares, compared to its average volume of 5,653,791. The stock has a market cap of $168.73 billion, a price-to-earnings ratio of 28.91, a PEG ratio of 3.81 and a beta of 1.01. Texas Instruments has a 12 month low of $139.48 and a 12 month high of $188.12. The firm has a fifty day simple moving average of $171.80 and a 200 day simple moving average of $163.72. The company has a current ratio of 4.91, a quick ratio of 3.76 and a debt-to-equity ratio of 0.76.

Hedge Funds Weigh In On Texas Instruments

A number of large investors have recently bought and sold shares of the company. Keudell Morrison Wealth Management increased its position in Texas Instruments by 1.5% during the 1st quarter. Keudell Morrison Wealth Management now owns 3,915 shares of the semiconductor company's stock worth $682,000 after purchasing an additional 59 shares in the last quarter. Chemistry Wealth Management LLC boosted its position in shares of Texas Instruments by 5.2% in the first quarter. Chemistry Wealth Management LLC now owns 1,254 shares of the semiconductor company's stock worth $218,000 after buying an additional 62 shares during the period. Field & Main Bank grew its position in Texas Instruments by 10.4% in the fourth quarter. Field & Main Bank now owns 693 shares of the semiconductor company's stock valued at $118,000 after acquiring an additional 65 shares in the last quarter. Guardian Wealth Management Inc. increased its stake in Texas Instruments by 0.6% during the 4th quarter. Guardian Wealth Management Inc. now owns 10,986 shares of the semiconductor company's stock worth $1,873,000 after buying an additional 65 shares during the period. Finally, Buckley Wealth Management LLC lifted its stake in shares of Texas Instruments by 1.1% in the first quarter. Buckley Wealth Management LLC now owns 5,900 shares of the semiconductor company's stock worth $1,028,000 after acquiring an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Insider Buying and Selling

In other news, Chairman Richard K. Templeton sold 100,440 shares of the business's stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $178.47, for a total transaction of $17,925,526.80. Following the transaction, the chairman now owns 403,851 shares of the company's stock, valued at approximately $72,075,287.97. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, Director Pamela H. Patsley sold 9,990 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $179.12, for a total value of $1,789,408.80. Following the transaction, the director now owns 33,348 shares of the company's stock, valued at $5,973,293.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Richard K. Templeton sold 100,440 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $178.47, for a total transaction of $17,925,526.80. Following the completion of the transaction, the chairman now owns 403,851 shares in the company, valued at $72,075,287.97. The disclosure for this sale can be found here. Insiders sold a total of 328,969 shares of company stock worth $58,427,984 in the last 90 days. Insiders own 0.68% of the company's stock.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date of this dividend is Tuesday, May 7th. Texas Instruments's dividend payout ratio is presently 81.12%.

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.