Analysts Set Texas Instruments Incorporated (NASDAQ:TXN) PT at $186.88

Texas Instruments Incorporated (NASDAQ:TXNGet Rating) has been assigned a consensus recommendation of “Hold” from the twenty-three analysts that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $186.88.

A number of research analysts have recently weighed in on the stock. Mizuho reduced their target price on shares of Texas Instruments from $190.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, April 27th. Citigroup dropped their price objective on shares of Texas Instruments from $187.00 to $160.00 in a report on Wednesday, April 27th. Morgan Stanley reduced their target price on shares of Texas Instruments from $170.00 to $155.00 and set an “underweight” rating for the company in a research note on Friday, June 10th. KeyCorp dropped their price target on shares of Texas Instruments from $240.00 to $220.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 27th. Finally, Bank of America reduced their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “buy” rating for the company in a research note on Wednesday, April 27th.

In other news, VP Hagop H. Kozanian sold 5,904 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $7,640,773.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, 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 transaction of $2,083,450.60. Following the completion of the transaction, the director now directly owns 19,201 shares in the company, valued at $3,252,649.40. The disclosure for this sale can be found here. Company insiders own 0.54% of the company’s stock.

Several institutional investors have recently bought and sold shares of TXN. Kalos Management Inc. raised its holdings in shares of Texas Instruments by 106.8% during the first quarter. Kalos Management Inc. now owns 2,581 shares of the semiconductor company’s stock valued at $473,000 after acquiring an additional 1,333 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in Texas Instruments by 27.8% in the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 18,401 shares of the semiconductor company’s stock worth $3,373,000 after purchasing an additional 4,000 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new stake in Texas Instruments during the first quarter worth about $188,000. J.W. Cole Advisors Inc. increased its stake in shares of Texas Instruments by 4.7% during the first quarter. J.W. Cole Advisors Inc. now owns 3,013 shares of the semiconductor company’s stock valued at $553,000 after purchasing an additional 136 shares in the last quarter. Finally, American Trust boosted its position in shares of Texas Instruments by 1.1% in the 1st quarter. American Trust now owns 28,630 shares of the semiconductor company’s stock worth $5,253,000 after purchasing an additional 324 shares in the last quarter. Institutional investors own 83.96% of the company’s stock.

Shares of NASDAQ:TXN opened at $152.60 on Friday. The company has a quick ratio of 4.73, a current ratio of 5.54 and a debt-to-equity ratio of 0.52. The business’s 50 day moving average is $168.36 and its 200 day moving average is $175.62. Texas Instruments has a 12-month low of $149.10 and a 12-month high of $202.26. The stock has a market cap of $140.72 billion, a price-to-earnings ratio of 17.46, a PEG ratio of 1.84 and a beta of 0.94.

Texas Instruments (NASDAQ:TXNGet Rating) last posted its earnings results on Tuesday, April 26th. The semiconductor company reported $2.35 EPS for the quarter, topping the consensus estimate of $2.17 by $0.18. The firm had revenue of $4.91 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Texas Instruments had a net margin of 43.34% and a return on equity of 64.89%. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.87 EPS. As a group, equities research analysts expect that Texas Instruments will post 8.74 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 17th. Shareholders of record on Monday, May 9th were given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date was Friday, May 6th. Texas Instruments’s payout ratio is currently 52.63%.

About Texas Instruments (Get Rating)

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.

Further Reading

Analyst Recommendations for Texas Instruments (NASDAQ:TXN)

Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.