Texas Instruments (NASDAQ:TXN) Price Target Raised to $365.00

Texas Instruments (NASDAQ:TXN) had its target price upped by JPMorgan Chase & Co. from $340.00 to $365.00 in a research note published on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the semiconductor company’s stock.

TXN has been the topic of several other research reports. Cantor Fitzgerald reiterated a “neutral” rating on shares of Texas Instruments in a research report on Tuesday. Weiss Ratings raised shares of Texas Instruments from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Evercore restated an “outperform” rating and set a $330.00 target price (up from $316.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. The Goldman Sachs Group reaffirmed a “sell” rating and set a $250.00 target price on shares of Texas Instruments in a research note on Thursday. Finally, Jefferies Financial Group lifted their price target on shares of Texas Instruments from $260.00 to $300.00 and gave the company a “hold” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $311.39.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $284.69 on Thursday. The stock has a 50-day moving average price of $271.98 and a 200 day moving average price of $279.47. The stock has a market capitalization of $259.99 billion, a P/E ratio of 36.92, a P/E/G ratio of 1.55 and a beta of 1.35. Texas Instruments has a 12-month low of $152.73 and a 12-month high of $334.03. The company has a current ratio of 5.59, a quick ratio of 3.44 and a debt-to-equity ratio of 0.67.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The company had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.94 billion. During the same period in the previous year, the firm earned $1.48 EPS. The firm’s revenue was up 27.7% compared to the same quarter last year. Equities research analysts forecast that Texas Instruments will post 8.79 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be issued a dividend of $1.52 per share. The ex-dividend date is Friday, October 30th. This represents a $6.08 annualized dividend and a yield of 2.1%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio (DPR) is 73.67%.

Insiders Place Their Bets

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the sale, the vice president owned 23,181 shares of the company’s stock, valued at $6,134,388.03. The trade was a 23.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Kraft Davis & Associates LLC increased its position in Texas Instruments by 4.4% in the third quarter. Kraft Davis & Associates LLC now owns 827 shares of the semiconductor company’s stock worth $230,000 after purchasing an additional 35 shares during the last quarter. HBW Advisory Services LLC raised its stake in Texas Instruments by 2.2% during the first quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company’s stock valued at $336,000 after purchasing an additional 37 shares in the last quarter. Montz Harcus Wealth Management LLC raised its stake in Texas Instruments by 2.9% during the first quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company’s stock valued at $260,000 after purchasing an additional 38 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its position in Texas Instruments by 0.6% during the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company’s stock valued at $1,157,000 after purchasing an additional 38 shares during the last quarter. Finally, Moody National Bank Trust Division lifted its position in Texas Instruments by 0.6% during the third quarter. Moody National Bank Trust Division now owns 6,063 shares of the semiconductor company’s stock valued at $1,698,000 after purchasing an additional 39 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments News Roundup

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 28% year over year, while EPS increased 77% to $2.62 and exceeded consensus expectations. Industrial, analog and data-center demand drove the results, with data-center revenue reportedly rising 95%. TXN Q3 Earnings Beat Estimates on Strong Analog, Data Center Demand
• Positive Sentiment: Management’s fourth-quarter revenue guidance, with a midpoint of about $6.05 billion, came in well above analyst expectations. Capacity expansion and broader cyclical recovery could support longer-term revenue, margins and cash flow. TXN Q3 Deep Dive: Industrial and Data Center Growth Drive Outlook Upgrade
• Positive Sentiment: Analyst sentiment strengthened: Zacks upgraded TXN to Rank #1, Freedom Broker raised its rating to Buy with a $330 target, and JPMorgan lifted its target to $365 while maintaining an Overweight rating. Texas Instruments Upgraded to Strong Buy
• Positive Sentiment: New chips for AI data centers—including power-monitoring, high-voltage distribution and timing components—give TXN additional exposure to data-center infrastructure growth. Texas Instruments Debuts Industry First Chips for AI Data Centers
• Neutral Sentiment: Unusual call-option activity and comparisons with Micron indicate bullish trading interest, although Micron was viewed as having stronger AI-driven growth and a lower valuation. Micron vs. Texas Instruments
• Negative Sentiment: TXN’s premium valuation remains a risk if the industrial recovery or AI infrastructure spending slows. Mizuho lowered its target to $290 and kept a Neutral rating, highlighting limited near-term upside. Mizuho Texas Instruments Rating

About Texas Instruments

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.