TXN has been the topic of a number of other research reports. Barclays lowered their price target on Texas Instruments from $170.00 to $150.00 in a research report on Wednesday. Susquehanna reiterated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Wednesday, January 26th. JPMorgan Chase & Co. increased their price target on Texas Instruments from $220.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 26th. StockNews.com assumed coverage on Texas Instruments in a research report on Thursday, March 31st. They issued a “buy” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Texas Instruments from $170.00 to $180.00 in a research report on Wednesday, January 26th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and a consensus price target of $202.19.
Texas Instruments stock opened at $168.44 on Wednesday. The firm has a market cap of $155.45 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 2.09 and a beta of 0.95. Texas Instruments has a 52 week low of $161.04 and a 52 week high of $202.26. The business’s 50-day moving average price is $174.92 and its 200-day moving average price is $182.77. The company has a quick ratio of 4.58, a current ratio of 5.33 and a debt-to-equity ratio of 0.54.
Texas Instruments (NASDAQ:TXN – GetRating) last posted its earnings results on Tuesday, April 26th. The semiconductor company reported $2.35 EPS for the quarter, topping the consensus estimate of $2.18 by $0.17. The firm had revenue of $4.91 billion for the quarter, compared to analyst estimates of $4.73 billion. Texas Instruments had a return on equity of 66.40% and a net margin of 42.35%. Texas Instruments’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $1.87 earnings per share. Equities analysts expect that Texas Instruments will post 9.09 EPS for the current year.
In related news, VP Ron sold 2,037 shares of the business’s stock in a transaction on Tuesday, February 8th. The stock was sold at an average price of $171.96, for a total value of $350,282.52. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Richard K Templeton sold 33,469 shares of the business’s stock in a transaction on Monday, January 31st. The shares were sold at an average price of $177.44, for a total value of $5,938,739.36. The disclosure for this sale can be found here. Insiders sold 39,601 shares of company stock worth $6,987,383 in the last 90 days. Company insiders own 0.54% of the company’s stock.
Several hedge funds have recently bought and sold shares of TXN. Mizuho Securities Co. Ltd. raised its holdings in shares of Texas Instruments by 280.6% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 137 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 101 shares during the period. CarsonAllaria Wealth Management Ltd. purchased a new stake in Texas Instruments during the 4th quarter worth about $26,000. Moors & Cabot Inc. increased its holdings in Texas Instruments by 262.9% during the 3rd quarter. Moors & Cabot Inc. now owns 25,000 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 18,111 shares during the period. Stuart Chaussee & Associates Inc. increased its holdings in Texas Instruments by 81.7% during the 4th quarter. Stuart Chaussee & Associates Inc. now owns 149 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 67 shares during the period. Finally, Life Planning Partners Inc purchased a new stake in Texas Instruments during the 4th quarter worth about $28,000. Hedge funds and other institutional investors own 82.99% of the company’s stock.
About Texas Instruments (GetRating)
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 at 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.
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