Brokerages Set Texas Instruments Incorporated (NASDAQ:TXN) Price Target at $210.05

On January 8th, 2025, Texas Instruments Incorporated (NASDAQ:TXN) has garnered a consensus rating of "Hold" from twenty-three research firms that are currently tracking the company, according to MarketBeat. Out of these firms, two analysts have issued sell ratings, twelve have assigned a hold rating, and nine have recommended buying the stock. The average price target over the next twelve months among analysts who have updated their coverage within the past year stands at $210.05.

The stock of Texas Instruments has recently been discussed in several analyst reports. For instance, on October 21st, Susquehanna lowered its price target from $250.00 to $240.00 while maintaining a "positive" rating for the firm. On October 23rd, Morgan Stanley raised its price objective for Texas Instruments from $154.00 to $167.00 but assigned an "underweight" rating. Also on the same date, Bank of America revised its target price from $220.00 to $215.00 with a "neutral" rating. In another report that day, Benchmark reaffirmed a "buy" rating with a price target of $230.00 for Texas Instruments. Evercore ISI also increased its price objective for the firm to $298.00 from a previous $268.00 while maintaining an "outperform" rating.

Recent Insider Transactions

In addition to analyst activities, notable insider trading has also occurred in Texas Instruments. Director Robert E. Sanchez sold 9,990 shares on October 25th at an average price of $208.80, resulting in a total of $2,085,912.00. After this transaction, Sanchez holds 20,461 shares valued at approximately $4,272,256.80, indicating a reduction of 32.81% in his position. Furthermore, Director Ronald Kirk sold 10,539 shares on November 25th at an average price of $203.33 for a total of $2,142,894.87. This sale represents a 42.39% decrease in Kirk's ownership, leaving him with 14,323 shares valued around $2,912,295.59. Collectively, insiders own about 0.68% of the company's stock.

Institutional Investment Trends

A variety of institutional investors have recently adjusted their stakes in Texas Instruments. For example, Private Advisor Group LLC increased its holdings by 7.8%, acquiring a total of 67,677 shares worth approximately $13,165,000 after an additional purchase of 4,897 shares. Other investors like Candriam S.C.A. and Advisor OS LLC also raised their positions, contributing to a stable 84.99% ownership of the stock by institutional investors and hedge funds.

Stock Performance Overview

On the opening of trading on Friday, Texas Instruments stock was priced at $192.21. The company’s market capitalization is currently $175.34 billion, with a P/E ratio of 35.73 and a P/E/G ratio of 4.19. Texas Instruments has reached a low of $155.46 and a high of $220.38 within the last 52 weeks. Additionally, the firm reported a quick ratio of 3.14, a current ratio of 4.31, and a debt-to-equity ratio of 0.74.

Texas Instruments last reported its quarterly earnings on October 22nd, announcing $1.47 earnings per share (EPS), surpassing the consensus estimate of $1.38 by $0.09. The firm's net margin stood at 31.60% with a return on equity of 29.05%. Reportedly, the company generated $4.15 billion in revenue for the quarter, above the anticipated $4.12 billion, although this figure reflects an 8.4% decrease compared to revenue from the same quarter last year. Analysts project that Texas Instruments will achieve an EPS of 5.08 for the current fiscal year.

Dividend Information

Texas Instruments also declared a quarterly dividend paid on November 12th, rewarding investors with $1.36 per share for those on record by October 31st. This is a notable increase from the previous quarterly dividend of $1.30, equating to an annualized dividend of $5.44 and a yield of 2.83%. The company's payout ratio is reported at 101.12%.

About Texas Instruments

Texas Instruments Incorporated is engaged in designing, manufacturing, and selling semiconductors to various electronics designers and manufacturers both domestically and internationally. The company operates through two primary segments: Analog and Embedded Processing. The Analog segment specializes in power products which meet diverse power management requirements including battery-management solutions, regulators, and controllers.

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