Texas Instruments Incorporated (NASDAQ:TXN – Get Free Report) has been assigned a consensus recommendation of “Hold” from the twenty-nine ratings firms that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation, fifteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $312.12.
A number of equities analysts have recently commented on TXN shares. Wells Fargo & Company raised their target price on shares of Texas Instruments from $300.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 23rd. Stifel Nicolaus increased their price objective on Texas Instruments from $340.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. TD Cowen reduced their price objective on Texas Instruments from $360.00 to $340.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. Morgan Stanley lifted their target price on Texas Instruments from $230.00 to $255.00 and gave the company an “underweight” rating in a research report on Thursday, July 23rd. Finally, Mizuho upped their target price on Texas Instruments from $300.00 to $305.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd.
Check Out Our Latest Research Report on TXN
Texas Instruments Trading Down 0.7%
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.91 by $0.23. The company had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The firm’s revenue was up 22.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Equities research analysts forecast that Texas Instruments will post 8.45 earnings per share for the current year.
Texas Instruments Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be issued a $1.52 dividend. The ex-dividend date is Friday, October 30th. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a dividend yield of 2.2%. Texas Instruments’s dividend payout ratio is presently 86.45%.
Insiders Place Their Bets
In related news, VP Tsedeniya Abraham sold 7,000 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $264.63, for a total value of $1,852,410.00. Following the completion of the sale, the vice president directly owned 23,181 shares of the company’s stock, valued at $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Texas Instruments
Large investors have recently modified their holdings of the business. HBW Advisory Services LLC increased its position in Texas Instruments by 2.2% in the first quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company’s stock worth $336,000 after buying an additional 37 shares in the last quarter. Montz Harcus Wealth Management LLC raised its stake in shares of Texas Instruments by 2.9% in the first quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company’s stock worth $260,000 after buying an additional 38 shares during the period. Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Texas Instruments by 0.6% during the 1st quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company’s stock valued at $1,157,000 after buying an additional 38 shares in the last quarter. Absher Wealth Management LLC lifted its position in shares of Texas Instruments by 1.0% during the 1st quarter. Absher Wealth Management LLC now owns 4,223 shares of the semiconductor company’s stock valued at $820,000 after buying an additional 42 shares in the last quarter. Finally, Severin Investments LLC grew its stake in shares of Texas Instruments by 3.3% during the 1st quarter. Severin Investments LLC now owns 1,349 shares of the semiconductor company’s stock valued at $262,000 after acquiring an additional 43 shares during the period. Institutional investors own 84.99% of the company’s stock.
About Texas Instruments
Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures semiconductors used in industrial, automotive, personal electronics, communications equipment and enterprise systems. The company’s portfolio is led by analog chips, which manage power, sensing and signal processing, and embedded processing products, including microcontrollers and processors that control electronic systems.
Texas Instruments also develops products such as data converters, amplifiers, interface and connectivity devices, motor drivers, power-management semiconductors and calculators.
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