Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products. This segment also provides signal chain products that sense, condition, and measure signals to allow information to be transferred or converted for further processing and control for use in end markets, including amplifiers, data converters, interface products, motor drives, clocks, and sensing products. The Embedded Processing segment offers microcontrollers that are used in electronic equipment; digital signal processors for mathematical computations; and applications processors for specific computing activity. This segment offers products for use in various markets, such as industrial, automotive, personal electronics, communications equipment, enterprise systems, and calculators and other. The company also provides DLP products primarily for use in projectors to create high-definition images; calculators; and application-specific integrated circuits. It markets and sells its semiconductor products through direct sales and distributors, as well as through its website. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.
Texas Instruments Stock Performance
Shares of NASDAQ:TXN traded down $0.61 during trading on Friday, hitting $184.30. 3,690,099 shares of the stock were exchanged, compared to its average volume of 5,436,901. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.24 and a current ratio of 5.09. The company has a market capitalization of $168.40 billion, a price-to-earnings ratio of 20.16, a price-to-earnings-growth ratio of 2.11 and a beta of 1.02. Texas Instruments has a 1-year low of $144.46 and a 1-year high of $202.26. The company's fifty day simple moving average is $162.24 and its 200-day simple moving average is $169.63.
Texas Instruments Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 16th. Investors of record on Monday, August 1st will be given a dividend of $1.15 per share. The ex-dividend date of this dividend is Friday, July 29th. This represents a $4.60 annualized dividend and a dividend yield of 2.50%. Texas Instruments's dividend payout ratio (DPR) is presently 50.33%.
Analysts Set New Price Targets
TXN has been the subject of a number of recent research reports. UBS Group cut their price target on Texas Instruments from $175.00 to $165.00 and set a "neutral" rating for the company in a research note on Wednesday, July 27th. Sanford C. Bernstein raised their price target on Texas Instruments to $175.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 27th. Jefferies Financial Group cut their price target on Texas Instruments from $220.00 to $203.00 and set a "buy" rating for the company in a research note on Wednesday, April 27th. DZ Bank downgraded Texas Instruments from a "buy" rating to a "hold" rating and set a $150.00 price target for the company. in a research note on Tuesday, July 5th. Finally, Citigroup raised their price target on Texas Instruments from $160.00 to $165.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 27th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $182.19.
Insider Buying and Selling at Texas Instruments
In other Texas Instruments news, Director Robert E. Sanchez sold 12,299 shares of Texas Instruments stock in a transaction on Friday, May 13th. The stock was sold at an average price of $169.40, for a total value of $2,083,450.60. Following the completion of the transaction, the director now owns 19,201 shares in the company, valued at approximately $3,252,649.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, VP Hagop H. Kozanian sold 5,904 shares of the business's stock in a transaction on Friday, May 13th. The stock was sold at an average price of $170.23, for a total transaction of $1,005,037.92. Following the completion of the sale, the vice president now owns 44,885 shares in the company, valued at $7,640,773.55. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Robert E. Sanchez sold 12,299 shares of the business's stock in a transaction on Friday, May 13th. The stock was sold at an average price of $169.40, for a total value of $2,083,450.60. Following the sale, the director now owns 19,201 shares of the company's stock, valued at approximately $3,252,649.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 75,618 shares of company stock worth $13,329,800. 0.54% of the stock is currently owned by insiders.
