Texas Instruments Incorporated (NASDAQ:TXN) Given Consensus Recommendation of "Hold" by Brokerages

Texas Instruments Incorporated (NASDAQ:TXN - Get Free Report) has received a consensus rating of "Hold" from the thirty-one ratings firms that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation, twelve have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $212.2087.

Several research analysts recently commented on TXN shares. Arete Research raised shares of Texas Instruments to a "hold" rating in a research note on Thursday, June 26th. Mizuho cut their price target on shares of Texas Instruments from $205.00 to $200.00 and set a "neutral" rating on the stock in a report on Wednesday, July 23rd. UBS Group set a $255.00 price target on shares of Texas Instruments in a report on Tuesday, July 22nd. Susquehanna cut their price target on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating on the stock in a report on Tuesday, July 22nd. Finally, Cowen reiterated a "hold" rating on shares of Texas Instruments in a report on Wednesday, June 25th.

Texas Instruments Trading Up 0.4%

TXN stock opened at $194.57 on Monday. The company has a market capitalization of $176.89 billion, a PE ratio of 35.64, a price-to-earnings-growth ratio of 3.18 and a beta of 1.03. Texas Instruments has a one year low of $139.95 and a one year high of $221.69. The company's 50 day moving average price is $201.16 and its two-hundred day moving average price is $185.16. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.88 and a current ratio of 5.81.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same period last year, the firm posted $1.17 earnings per share. The business's revenue was up 16.4% compared to the same quarter last year. As a group, analysts predict that Texas Instruments will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st were given a $1.36 dividend. The ex-dividend date was Thursday, July 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.8%. Texas Instruments's payout ratio is 99.63%.

Institutional Trading of Texas Instruments

A number of institutional investors and hedge funds have recently made changes to their positions in TXN. Strategic Wealth Investment Group LLC acquired a new stake in shares of Texas Instruments in the second quarter worth approximately $25,000. Cloud Capital Management LLC acquired a new stake in shares of Texas Instruments in the first quarter worth approximately $28,000. Copia Wealth Management acquired a new stake in shares of Texas Instruments in the fourth quarter worth approximately $30,000. Dagco Inc. acquired a new stake in shares of Texas Instruments in the first quarter worth approximately $32,000. Finally, CBIZ Investment Advisory Services LLC boosted its stake in shares of Texas Instruments by 67.6% in the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 75 shares during the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

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.

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