Analysts Set Texas Instruments Incorporated (NASDAQ:TXN) Target Price at $189.41

Shares of Texas Instruments Incorporated (NASDAQ:TXN - Get Free Report) have been assigned a consensus rating of "Hold" from the twenty-six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, nine have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $189.41.

A number of equities research analysts have recently issued reports on the stock. TD Securities reissued a "hold" rating and issued a $160.00 price target on shares of Texas Instruments in a research note on Thursday, April 24th. JPMorgan Chase & Co. reduced their price target on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. UBS Group reduced their price target on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Robert W. Baird upgraded shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price objective for the company in a report on Monday, April 7th. Finally, Mizuho set a $170.00 price objective on shares of Texas Instruments in a report on Thursday, April 24th.

Texas Instruments Trading Down 0.1%

TXN stock traded down $0.23 during trading on Wednesday, reaching $190.49. 6,014,199 shares of the stock were exchanged, compared to its average volume of 6,332,788. The business has a 50 day moving average price of $168.37 and a 200-day moving average price of $182.34. The firm has a market capitalization of $173.05 billion, a price-to-earnings ratio of 36.70, a P/E/G ratio of 3.30 and a beta of 0.97. Texas Instruments has a 1 year low of $139.95 and a 1 year high of $220.39. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. The business had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The business's revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.10 EPS. On average, research analysts predict that Texas Instruments will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.86%. Texas Instruments's payout ratio is 103.23%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Mizuho Securities USA LLC raised its holdings in Texas Instruments by 46.0% in the fourth quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company's stock valued at $16,212,000 after buying an additional 27,251 shares during the period. Union Bancaire Privee UBP SA purchased a new stake in shares of Texas Instruments during the fourth quarter valued at approximately $6,544,000. Banque Pictet & Cie SA raised its stake in shares of Texas Instruments by 0.9% during the fourth quarter. Banque Pictet & Cie SA now owns 2,197,676 shares of the semiconductor company's stock valued at $412,086,000 after purchasing an additional 18,650 shares during the period. Nicholas Hoffman & Company LLC. raised its stake in shares of Texas Instruments by 17.9% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 5,125 shares of the semiconductor company's stock valued at $961,000 after purchasing an additional 778 shares during the period. Finally, Lockheed Martin Investment Management Co. raised its stake in shares of Texas Instruments by 16.4% during the fourth quarter. Lockheed Martin Investment Management Co. now owns 66,780 shares of the semiconductor company's stock valued at $12,522,000 after purchasing an additional 9,430 shares during the period. 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.