Analysts Set Texas Instruments Incorporated (NASDAQ:TXN) PT at $209.20

Shares of Texas Instruments Incorporated (NASDAQ:TXN) have been given an average recommendation of “Hold” by the twenty-two analysts that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $209.20.

Several research analysts recently weighed in on the company. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Wells Fargo & Company decreased their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Barclays dropped their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Benchmark reissued a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Truist Financial dropped their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a report on Friday, January 24th.

Texas Instruments Stock Performance

Shares of NASDAQ TXN opened at $198.24 on Monday. 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 $180.46 billion, a PE ratio of 38.20, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a 50-day simple moving average of $189.17 and a 200-day simple moving average of $197.70. Texas Instruments has a 12 month low of $159.11 and a 12 month high of $220.38.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the prior year, the firm earned $1.49 EPS. On average, equities analysts anticipate that Texas Instruments will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were paid a dividend of $1.36 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.74%. Texas Instruments’s payout ratio is currently 104.82%.

Insiders Place Their Bets

In other news, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares in the company, valued at approximately $82,930,522.08. The trade was a 19.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 200,655 shares of company stock valued at $40,665,374 over the last three months. Company insiders own 0.68% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Promus Capital LLC bought a new stake in shares of Texas Instruments during the fourth quarter valued at about $25,000. Financial Life Planners acquired a new position in Texas Instruments during the 4th quarter valued at about $26,000. Retirement Wealth Solutions LLC bought a new stake in shares of Texas Instruments during the 4th quarter worth about $27,000. Summit Securities Group LLC bought a new stake in shares of Texas Instruments during the 4th quarter worth about $27,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of Texas Instruments in the 3rd quarter worth approximately $28,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

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.