Texas Instruments (NASDAQ:TXN - Get Free Report) released its quarterly earnings results on Tuesday. The semiconductor company reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.09, Zacks reports. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%.
Texas Instruments Price Performance
Texas Instruments stock traded up $0.35 during mid-day trading on Tuesday, hitting $214.92. 9,902,368 shares of the company traded hands, compared to its average volume of 6,488,771. Texas Instruments has a one year low of $139.95 and a one year high of $221.69. The stock has a market cap of $195.25 billion, a price-to-earnings ratio of 40.78, a price-to-earnings-growth ratio of 3.53 and a beta of 1.03. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26. The stock has a fifty day moving average price of $199.35 and a 200-day moving average price of $185.23.
Texas Instruments Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 12th. Investors of record on Thursday, July 31st will be paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Thursday, July 31st. Texas Instruments's dividend payout ratio is currently 103.23%.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on TXN. Wells Fargo & Company lifted their price target on shares of Texas Instruments from $190.00 to $215.00 and gave the company an "equal weight" rating in a report on Wednesday, July 16th. KeyCorp lifted their target price on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Mizuho lifted their target price on shares of Texas Instruments from $170.00 to $205.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 8th. Arete Research upgraded shares of Texas Instruments to a "hold" rating in a research report on Thursday, June 26th. Finally, TD Securities restated a "hold" rating and issued a $160.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $205.28.
View Our Latest Report on TXN
Institutional Investors Weigh In On Texas Instruments
An institutional investor recently raised its position in Texas Instruments stock. Brighton Jones LLC grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 33.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,840 shares of the semiconductor company's stock after acquiring an additional 4,218 shares during the quarter. Brighton Jones LLC's holdings in Texas Instruments were worth $3,158,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.
Texas Instruments Company Profile
(
Get Free Report)
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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