Texas Instruments (NASDAQ:TXN) Stock Price Expected to Rise, UBS Group Analyst Says

Texas Instruments (NASDAQ:TXN - Get Free Report) had its price objective hoisted by stock analysts at UBS Group from $215.00 to $245.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a "buy" rating on the semiconductor company's stock. UBS Group's price objective indicates a potential upside of 14.60% from the company's previous close.

Several other equities research analysts have also recently issued reports on TXN. Summit Insights cut shares of Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. JPMorgan Chase & Co. lowered their target price on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating for the company 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 target price for the company in a research note on Monday, April 7th. Barclays downgraded shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their price target for the company from $180.00 to $125.00 in a report on Tuesday, April 22nd. Finally, Morgan Stanley reissued an "underweight" rating and set a $148.00 price target (up previously from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Texas Instruments currently has an average rating of "Hold" and a consensus target price of $192.74.

Texas Instruments Price Performance

NASDAQ TXN traded down $2.23 during trading hours on Monday, reaching $213.79. The company's stock had a trading volume of 1,230,577 shares, compared to its average volume of 6,422,427. The stock has a market cap of $194.22 billion, a PE ratio of 40.59, a PEG ratio of 3.52 and a beta of 1.03. Texas Instruments has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The company's 50-day moving average is $188.48 and its two-hundred day moving average is $183.27. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.37 and a current ratio of 5.26.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The firm had revenue of $4.07 billion for the quarter, compared to analysts' expectations of $3.91 billion. During the same period in the prior year, the company earned $1.10 EPS. The firm's revenue was up 11.1% on a year-over-year basis. Analysts forecast that Texas Instruments will post 5.35 EPS for the current year.

Institutional Investors Weigh In On Texas Instruments

A number of large investors have recently added to or reduced their stakes in TXN. Trivium Point Advisory LLC boosted its position in shares of Texas Instruments by 4.5% in the first quarter. Trivium Point Advisory LLC now owns 1,256 shares of the semiconductor company's stock valued at $226,000 after acquiring an additional 54 shares during the period. Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of Texas Instruments by 1.8% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock worth $598,000 after purchasing an additional 56 shares during the last quarter. Trillium Asset Management LLC boosted its holdings in Texas Instruments by 2.8% in the first quarter. Trillium Asset Management LLC now owns 2,100 shares of the semiconductor company's stock valued at $377,000 after acquiring an additional 57 shares during the last quarter. Voya Financial Advisors Inc. boosted its holdings in Texas Instruments by 1.6% in the fourth quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after acquiring an additional 58 shares during the last quarter. Finally, Aspen Investment Management Inc boosted its holdings in Texas Instruments by 1.6% in the first quarter. Aspen Investment Management Inc now owns 3,695 shares of the semiconductor company's stock valued at $664,000 after acquiring an additional 58 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.

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