FY2024 Earnings Estimate for Texas Instruments Incorporated (NASDAQ:TXN) Issued By Zacks Research

Texas Instruments Incorporated (NASDAQ:TXN - Free Report) - Research analysts at Zacks Research raised their FY2024 earnings estimates for shares of 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 per share of $5.05 for the year, up from their prior forecast of $4.91. The consensus estimate for Texas Instruments' current full-year earnings is $5.21 per share. Zacks Research also issued estimates for Texas Instruments' Q1 2025 earnings at $1.24 EPS, Q2 2025 earnings at $1.33 EPS, Q3 2025 earnings at $1.57 EPS, Q4 2025 earnings at $1.81 EPS, FY2025 earnings at $5.95 EPS, Q1 2026 earnings at $1.59 EPS and FY2026 earnings at $7.23 EPS.

Several other equities analysts have also issued reports on TXN. JPMorgan Chase & Co. lifted their target price on shares of Texas Instruments from $180.00 to $195.00 and gave the company an "overweight" rating in a report on Wednesday, April 24th. Morgan Stanley boosted their target price on Texas Instruments from $138.00 to $146.00 and gave the stock an "underweight" rating in a report on Wednesday, January 24th. Oppenheimer restated a "market perform" rating on shares of Texas Instruments in a report on Wednesday, April 24th. Susquehanna increased their price objective on shares of Texas Instruments from $200.00 to $205.00 and gave the company a "positive" rating in a research report on Wednesday, April 24th. Finally, UBS Group raised shares of Texas Instruments from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $170.00 to $195.00 in a report on Friday, January 19th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $180.74.

Texas Instruments Stock Up 0.9 %

Texas Instruments stock traded up $1.73 during trading hours on Friday, hitting $187.05. 5,605,907 shares of the stock traded hands, compared to its average volume of 6,085,253. Texas Instruments has a one year low of $139.48 and a one year high of $188.12. The company has a market cap of $170.31 billion, a PE ratio of 29.18, a PEG ratio of 3.87 and a beta of 1.01. The firm's 50-day moving average price is $172.16 and its two-hundred day moving average price is $163.87. The company has a current ratio of 4.91, a quick ratio of 3.76 and a debt-to-equity ratio of 0.76.

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

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th will be issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 annualized dividend and a dividend yield of 2.78%. Texas Instruments's dividend payout ratio (DPR) is 81.12%.

Insider Activity

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

Institutional Trading of Texas Instruments

A number of hedge funds and other institutional investors have recently bought and sold shares of TXN. AXQ Capital LP grew its stake in Texas Instruments by 64.3% in the third quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company's stock worth $731,000 after purchasing an additional 1,800 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services lifted its holdings in shares of Texas Instruments by 0.4% in the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company's stock worth $7,182,000 after buying an additional 155 shares during the period. Silver Oak Securities Incorporated bought a new position in shares of Texas Instruments during the 4th quarter worth $222,000. Salem Investment Counselors Inc. increased its stake in shares of Texas Instruments by 2.2% during the fourth quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company's stock valued at $1,403,000 after buying an additional 177 shares during the period. Finally, Chicago Capital LLC raised its holdings in shares of Texas Instruments by 182.7% in the fourth quarter. Chicago Capital LLC now owns 12,859 shares of the semiconductor company's stock valued at $2,192,000 after acquiring an additional 8,311 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Company Profile

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.