Texas Instruments’ (TXN) Neutral Rating Reaffirmed at Cantor Fitzgerald

Texas Instruments (NASDAQ:TXN – Get Free Report)‘s stock had its “neutral” rating reissued by Cantor Fitzgerald in a research report issued to clients and investors on Monday, August 17th, Benzinga reports. They currently have a $340.00 target price on the semiconductor company’s stock. Cantor Fitzgerald’s target price would indicate a potential upside of 20.62% from the stock’s current price.

TXN has been the subject of a number of other reports. Wall Street Zen raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Robert W. Baird lifted their target price on Texas Instruments from $300.00 to $385.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Evercore restated an “outperform” rating and issued a $330.00 target price (up from $316.00) on shares of Texas Instruments in a report on Thursday, July 23rd. Wells Fargo & Company upped their price objective on shares of Texas Instruments from $300.00 to $310.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. Finally, Jefferies Financial Group raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Friday, May 22nd. Sixteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $311.19.

Check Out Our Latest Report on TXN

Texas Instruments Price Performance

TXN stock traded up $3.58 during trading on Monday, hitting $281.89. The company had a trading volume of 929,767 shares, compared to its average volume of 7,704,475. Texas Instruments has a fifty-two week low of $152.73 and a fifty-two week high of $334.03. The company has a current ratio of 4.86, a quick ratio of 3.44 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $257.43 billion, a price-to-earnings ratio of 42.90, a P/E/G ratio of 1.56 and a beta of 1.33. The business has a 50 day moving average of $270.38 and a 200 day moving average of $267.82.

Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.23. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The company had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. During the same period in the prior year, the company earned $1.41 EPS. Texas Instruments’s revenue was up 22.8% on a year-over-year basis. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, research analysts predict that Texas Instruments will post 8.45 earnings per share for the current year.

Insider Activity at Texas Instruments

In other news, VP Tsedeniya Abraham sold 7,000 shares of the business’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the transaction, the vice president directly owned 23,181 shares in the company, 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 at this link. 0.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Texas Instruments

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TXN. QRG Capital Management Inc. raised its position in Texas Instruments by 13.8% during the second quarter. QRG Capital Management Inc. now owns 141,319 shares of the semiconductor company’s stock valued at $42,123,000 after acquiring an additional 17,157 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in Texas Instruments by 46.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 26,126 shares of the semiconductor company’s stock valued at $7,787,000 after acquiring an additional 8,312 shares in the last quarter. Andra AP fonden raised its position in Texas Instruments by 6.3% during the second quarter. Andra AP fonden now owns 134,686 shares of the semiconductor company’s stock valued at $40,146,000 after acquiring an additional 8,000 shares in the last quarter. Wellington Altus USA Inc. raised its position in Texas Instruments by 11.3% during the second quarter. Wellington Altus USA Inc. now owns 472 shares of the semiconductor company’s stock valued at $141,000 after acquiring an additional 48 shares in the last quarter. Finally, Anchor Investment Management LLC raised its position in Texas Instruments by 1.7% during the second quarter. Anchor Investment Management LLC now owns 18,396 shares of the semiconductor company’s stock valued at $5,483,000 after acquiring an additional 303 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

About Texas Instruments

(Get Free Report)

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.

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Analyst Recommendations for Texas Instruments (NASDAQ:TXN)

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