Texas Instruments (NASDAQ:TXN) PT Raised to $210.00 at Cantor Fitzgerald

Texas Instruments (NASDAQ:TXN - Free Report) had its target price hoisted by Cantor Fitzgerald from $180.00 to $210.00 in a research note issued to investors on Wednesday morning, Benzinga reports. They currently have a neutral rating on the semiconductor company's stock.

Several other brokerages have also commented on TXN. Rosenblatt Securities reissued a buy rating and issued a $210.00 price target on shares of Texas Instruments in a report on Wednesday, April 24th. The Goldman Sachs Group boosted their price target on shares of Texas Instruments from $137.00 to $157.00 and gave the stock a sell rating in a report on Wednesday, April 24th. Barclays cut their price target on shares of Texas Instruments from $160.00 to $150.00 and set an equal weight rating for the company in a report on Wednesday, January 24th. Morgan Stanley upped their target price on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an underweight rating in a report on Wednesday, January 24th. Finally, Evercore ISI upped their target price on shares of Texas Instruments from $213.00 to $225.00 and gave the stock an outperform rating in a report on Wednesday, April 24th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of Hold and an average price target of $182.10.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded up $4.40 during trading on Wednesday, hitting $195.53. 5,936,113 shares of the stock traded hands, compared to its average volume of 5,627,522. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. The company has a market cap of $178.03 billion, a price-to-earnings ratio of 30.22, a P/E/G ratio of 4.04 and a beta of 1.01. The company has a fifty day moving average price of $173.20 and a two-hundred day moving average price of $165.08. Texas Instruments has a 52-week low of $139.48 and a 52-week high of $195.61.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.13. The firm had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The business's quarterly revenue was down 16.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.85 EPS. As a group, equities analysts predict that Texas Instruments will post 5.17 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be given a $1.30 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 dividend on an annualized basis and a yield of 2.66%. Texas Instruments's payout ratio is currently 81.12%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Pamela H. Patsley sold 9,990 shares of the company'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 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 available at this link. In other news, Director Pamela H. Patsley sold 9,990 shares of the stock in a transaction dated Monday, April 29th. The shares were 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 of the company's stock, valued at $5,973,293.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Richard K. Templeton sold 104,000 shares of Texas Instruments stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $178.68, for a total transaction of $18,582,720.00. Following the completion of the transaction, the chairman now owns 403,851 shares of the company's stock, valued at approximately $72,160,096.68. The disclosure for this sale can be found here. Insiders have sold 328,969 shares of company stock valued at $58,427,984 over the last 90 days. 0.68% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Briaud Financial Planning Inc purchased a new position in Texas Instruments in the third quarter valued at $25,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of Texas Instruments during the 4th quarter worth about $25,000. Life Planning Partners Inc purchased a new stake in Texas Instruments during the fourth quarter worth approximately $26,000. Richardson Financial Services Inc. acquired a new position in Texas Instruments in the fourth quarter valued at approximately $26,000. Finally, Scarborough Advisors LLC purchased a new position in Texas Instruments in the fourth quarter valued at approximately $26,000. 84.99% of the stock is owned by institutional investors and hedge funds.

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.