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

Texas Instruments Incorporated (NASDAQ:TXN - Get Free Report) has been assigned a consensus recommendation of "Hold" from the twenty-nine ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $211.40.

TXN has been the subject of a number of analyst reports. Seaport Res Ptn raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Monday. Arete Research raised shares of Texas Instruments to a "hold" rating in a research note on Thursday, June 26th. Benchmark upped their price target on shares of Texas Instruments from $200.00 to $220.00 and gave the stock a "buy" rating in a research note on Wednesday. Barclays lowered shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their price target for the stock from $180.00 to $125.00 in a research note on Tuesday, April 22nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Texas Instruments from $195.00 to $225.00 and gave the stock an "overweight" rating in a report on Wednesday.

Texas Instruments Trading Down 0.3%

NASDAQ:TXN traded down $0.56 during trading hours on Thursday, reaching $185.69. 9,036,559 shares of the company were exchanged, compared to its average volume of 6,744,627. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.37. The firm has a market cap of $168.69 billion, a price-to-earnings ratio of 34.01, a PEG ratio of 3.01 and a beta of 1.03. Texas Instruments has a 52-week low of $139.95 and a 52-week high of $221.69. The stock has a 50 day simple moving average of $200.37 and a 200 day simple moving average of $185.56.

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

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 12th. Investors of record on Thursday, July 31st will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Thursday, July 31st. Texas Instruments's payout ratio is 103.23%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TXN. Kestra Private Wealth Services LLC lifted its stake in Texas Instruments by 10.9% in the first quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock valued at $11,462,000 after buying an additional 6,267 shares in the last quarter. Gries Financial LLC acquired a new stake in shares of Texas Instruments in the first quarter valued at approximately $243,000. Brighton Jones LLC raised its holdings in shares of Texas Instruments by 33.4% in the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock valued at $3,158,000 after purchasing an additional 4,218 shares during the last quarter. JARISLOWSKY FRASER Ltd increased its holdings in Texas Instruments by 7.4% during the fourth quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company's stock worth $448,000 after buying an additional 165 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Texas Instruments by 2.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 495,548 shares of the semiconductor company's stock worth $89,050,000 after buying an additional 11,057 shares during the last quarter. 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.