Analysts Set Texas Instruments Incorporated (NASDAQ:TXN) PT at $173.89

Texas Instruments Incorporated (NASDAQ:TXN - Get Free Report) has earned an average recommendation of "Hold" from the seventeen research firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $173.89.

A number of research analysts have issued reports on the stock. TD Cowen upped their price target on shares of Texas Instruments from $145.00 to $160.00 and gave the company a "market perform" rating in a research note on Wednesday, January 24th. Rosenblatt Securities restated a "buy" rating and set a $190.00 price target on shares of Texas Instruments in a research note on Tuesday, January 23rd. Morgan Stanley increased their price objective on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an "underweight" rating in a research note on Wednesday, January 24th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $170.00 price objective on shares of Texas Instruments in a research note on Monday, March 4th. Finally, Barclays cut their price objective on shares of Texas Instruments from $160.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 24th.

Texas Instruments Stock Down 0.6 %

Shares of NASDAQ TXN traded down $1.03 during trading hours on Friday, hitting $167.50. 5,011,370 shares of the stock were exchanged, compared to its average volume of 5,587,369. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The company has a market cap of $152.44 billion, a PE ratio of 23.75, a PEG ratio of 3.66 and a beta of 1.04. The firm has a fifty day moving average price of $166.70 and a 200-day moving average price of $161.19. Texas Instruments has a 12 month low of $139.48 and a 12 month high of $188.12.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.46 by $0.03. The firm had revenue of $4.08 billion during the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. Texas Instruments's revenue was down 12.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.13 EPS. On average, sell-side analysts expect that Texas Instruments will post 5.16 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Wednesday, January 31st were given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date was Tuesday, January 30th. Texas Instruments's dividend payout ratio (DPR) is 73.65%.

Insider Activity

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the completion of the sale, the director now directly owns 11,693 shares in the company, valued at $1,869,126.05. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.68% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC lifted its stake in Texas Instruments by 3.0% in the first quarter. GAMMA Investing LLC now owns 6,291 shares of the semiconductor company's stock worth $1,096,000 after acquiring an additional 184 shares during the last quarter. Insight Wealth Strategies LLC lifted its stake in Texas Instruments by 2.0% in the first quarter. Insight Wealth Strategies LLC now owns 10,807 shares of the semiconductor company's stock worth $1,883,000 after acquiring an additional 210 shares during the last quarter. CWM LLC lifted its stake in Texas Instruments by 14.5% in the first quarter. CWM LLC now owns 86,352 shares of the semiconductor company's stock worth $15,043,000 after acquiring an additional 10,964 shares during the last quarter. General Partner Inc. lifted its stake in Texas Instruments by 28.5% in the first quarter. General Partner Inc. now owns 1,387 shares of the semiconductor company's stock worth $242,000 after acquiring an additional 308 shares during the last quarter. Finally, A.P. Gilfoyle & Co. L.P. purchased a new position in Texas Instruments in the first quarter worth approximately $174,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

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.