Texas Instruments (NASDAQ:TXN) Receives Neutral Rating from Cantor Fitzgerald

Texas Instruments (NASDAQ:TXNGet Free Report)‘s stock had its “neutral” rating reiterated by equities researchers at Cantor Fitzgerald in a report issued on Friday,Benzinga reports. They presently have a $200.00 target price on the semiconductor company’s stock. Cantor Fitzgerald’s price objective suggests a potential upside of 5.71% from the stock’s current price. Cantor Fitzgerald also issued estimates for Texas Instruments’ FY2025 earnings at $5.50 EPS.

Several other analysts also recently weighed in on the company. Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Barclays reduced their price target on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday. Benchmark reaffirmed a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Friday. Mizuho set a $200.00 price target on shares of Texas Instruments in a research report on Friday, October 18th. Finally, Wells Fargo & Company reduced their price target on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and an average price target of $209.45.

View Our Latest Stock Analysis on TXN

Texas Instruments Stock Down 5.7 %

Shares of Texas Instruments stock traded down $11.41 during trading hours on Friday, hitting $189.20. 4,053,216 shares of the company’s stock traded hands, compared to its average volume of 6,111,181. The stock has a 50 day simple moving average of $193.80 and a 200-day simple moving average of $199.56. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. The company has a market cap of $172.59 billion, a PE ratio of 35.29, a PEG ratio of 3.84 and a beta of 0.98. Texas Instruments has a twelve month low of $155.46 and a twelve month high of $220.38.

Texas Instruments (NASDAQ:TXNGet Free Report) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same quarter in the prior year, the firm earned $1.49 earnings per share. Equities research analysts anticipate that Texas Instruments will post 5.08 earnings per share for the current fiscal year.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.68% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Independence Bank of Kentucky grew its position in Texas Instruments by 74.5% in the fourth quarter. Independence Bank of Kentucky now owns 8,845 shares of the semiconductor company’s stock worth $1,659,000 after buying an additional 3,775 shares during the last quarter. OFC Financial Planning LLC acquired a new position in Texas Instruments in the 4th quarter worth approximately $338,000. SeaBridge Investment Advisors LLC boosted its stake in Texas Instruments by 2.3% in the 4th quarter. SeaBridge Investment Advisors LLC now owns 8,537 shares of the semiconductor company’s stock worth $1,601,000 after purchasing an additional 190 shares during the period. Blossom Wealth Management boosted its stake in Texas Instruments by 5.1% in the 4th quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company’s stock worth $213,000 after purchasing an additional 55 shares during the period. Finally, China Universal Asset Management Co. Ltd. boosted its stake in Texas Instruments by 30.4% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 19,367 shares of the semiconductor company’s stock worth $3,632,000 after purchasing an additional 4,515 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Company Profile

(Get Free Report)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.

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