Texas Instruments Incorporated (NASDAQ:TXN) Given Consensus Recommendation of “Hold” by Analysts

Texas Instruments Incorporated (NASDAQ:TXN) has been given a consensus rating of “Hold” by the twenty-seven research firms that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, nine have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $189.41.

TXN has been the topic of several analyst reports. Stifel Nicolaus dropped their price target on shares of Texas Instruments from $200.00 to $160.00 and set a “hold” rating on the stock in a research report on Thursday, April 17th. Rosenblatt Securities reissued a “buy” rating and issued a $216.00 target price on shares of Texas Instruments in a report on Thursday, April 24th. TD Securities reaffirmed a “hold” rating and set a $160.00 price target on shares of Texas Instruments in a report on Thursday, April 24th. Citigroup decreased their price target on shares of Texas Instruments from $235.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, April 11th. Finally, Seaport Res Ptn upgraded shares of Texas Instruments to a “strong sell” rating in a research report on Wednesday, April 30th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. eCIO Inc. bought a new stake in shares of Texas Instruments in the 1st quarter worth $346,000. CBIZ Investment Advisory Services LLC grew its stake in shares of Texas Instruments by 67.6% in the 1st 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 in the last quarter. Modern Wealth Management LLC grew its stake in shares of Texas Instruments by 24.9% in the 1st quarter. Modern Wealth Management LLC now owns 16,366 shares of the semiconductor company’s stock worth $2,941,000 after acquiring an additional 3,267 shares in the last quarter. Strs Ohio bought a new stake in shares of Texas Instruments in the 1st quarter worth $37,957,000. Finally, Jacobi Capital Management LLC grew its stake in shares of Texas Instruments by 0.8% in the 1st quarter. Jacobi Capital Management LLC now owns 13,379 shares of the semiconductor company’s stock worth $2,404,000 after acquiring an additional 111 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Trading Up 1.0%

TXN opened at $192.42 on Wednesday. Texas Instruments has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The company has a market cap of $174.81 billion, a price-to-earnings ratio of 37.08, a price-to-earnings-growth ratio of 3.30 and a beta of 1.00. The firm has a 50 day simple moving average of $168.87 and a 200 day simple moving average of $181.94.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The company had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $3.91 billion. During the same quarter in the prior year, the company earned $1.10 earnings per share. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Texas Instruments will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.83%. Texas Instruments’s payout ratio is presently 103.23%.

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.