Weekly Investment Analysts’ Ratings Changes for Texas Instruments (TXN)

Several analysts have recently updated their ratings and price targets for Texas Instruments (NASDAQ: TXN):

  • 2/7/2018 – Texas Instruments was upgraded by analysts at Credit Suisse Group AG to a “buy” rating. They now have a $125.00 price target on the stock.
  • 1/25/2018 – Texas Instruments had its price target raised by analysts at Argus to $122.00. They now have a “buy” rating on the stock.
  • 1/24/2018 – Texas Instruments had its price target raised by analysts at Nomura from $90.00 to $110.00. They now have a “neutral” rating on the stock.
  • 1/24/2018 – Texas Instruments had its price target raised by analysts at JPMorgan Chase & Co. from $110.00 to $122.00. They now have an “overweight” rating on the stock.
  • 1/24/2018 – Texas Instruments had its price target raised by analysts at Robert W. Baird from $100.00 to $115.00. They now have a “neutral” rating on the stock.
  • 1/24/2018 – Texas Instruments had its price target raised by analysts at Morgan Stanley from $92.00 to $101.00. They now have an “equal weight” rating on the stock.
  • 1/24/2018 – Texas Instruments was given a new $125.00 price target on by analysts at Sanford C. Bernstein. They now have a “buy” rating on the stock.
  • 1/24/2018 – Texas Instruments had its price target raised by analysts at SunTrust Banks, Inc. from $96.00 to $117.00. They now have a “hold” rating on the stock.
  • 1/24/2018 – Texas Instruments had its “market perform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $110.00 price target on the stock, up previously from $90.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/24/2018 – Texas Instruments had its “neutral” rating reaffirmed by analysts at B. Riley. They now have a $110.00 price target on the stock, up previously from $97.00.
  • 1/24/2018 – Texas Instruments had its “buy” rating reaffirmed by analysts at Citigroup Inc. They now have a $135.00 price target on the stock, up previously from $110.00.
  • 1/23/2018 – Texas Instruments had its “buy” rating reaffirmed by analysts at Mizuho. They now have a $107.00 price target on the stock, up previously from $96.00.
  • 1/23/2018 – Texas Instruments had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $130.00 price target on the stock, up previously from $110.00.
  • 1/22/2018 – Texas Instruments had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $127.00 price target on the stock, up previously from $112.00.
  • 1/22/2018 – Texas Instruments was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Texas Instruments has outperformed the industry it belongs In the past 12 months. The company continues to prudently invest its R&D dollars in several high margin, high-growth areas of the analog and embedded processing markets. This is gradually increasing its exposure to industrial and automotive markets and dollar content at customers, while reducing exposure to volatile consumer/computing markets. Margins continue to expand on secular strength in the auto and industrial markets, a stronger mix of analog and embedded processing products and manufacturing efficiencies that include growing 300-millimeter Analog output. Off late, estimates have remained stable ahead of the company's Q4 earnings release. The company has positive record of earnings surprises in recent quarters. However, increasing competition, unfavorable currency effect and a high debt load remain concerns.”
  • 1/20/2018 – Texas Instruments was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $124.00 price target on the stock. According to Zacks, “exas Instruments has outperformed the industry it belongs In the past 12 months. The company continues to prudently invest its R&D dollars in several high margin, high-growth areas of the analog and embedded processing markets. This is gradually increasing its exposure to industrial and automotive markets and dollar content at customers, while reducing exposure to volatile consumer/computing markets. Margins continue to expand on secular strength in the auto and industrial markets, a stronger mix of analog and embedded processing products and manufacturing efficiencies that include growing 300-millimeter Analog output. Off late, estimates have remained stable ahead of the company's Q4 earnings release. The company has positive record of earnings surprises in recent quarters. However, increasing competition, unfavorable currency effect and a high debt load remain concerns.”
  • 1/19/2018 – Texas Instruments had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $130.00 price target on the stock.
  • 1/19/2018 – Texas Instruments had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $138.00 price target on the stock, up previously from $5.08.
  • 1/18/2018 – Texas Instruments had its price target raised by analysts at Stifel Nicolaus from $98.00 to $115.00. They now have a “hold” rating on the stock.
  • 1/16/2018 – Texas Instruments had its “in-line” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $125.00 price target on the stock, up previously from $110.00.
  • 1/15/2018 – Texas Instruments was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Texas Instruments continues to prudently invest its R&D dollars in several high margin, high-growth areas of the analog and embedded processing markets. This is gradually increasing its exposure to industrial and automotive markets and dollar content at customers, while reducing exposure to volatile consumer/computing markets. Margins continue to expand on secular strength in the auto and industrial markets, a stronger mix of analog and embedded processing products and manufacturing efficiencies that include growing 300-millimeter Analog output. Off late, estimates have remained stable ahead of the company's Q4 earnings release. The company has positive record of earnings surprises in recent quarters. However, increasing competition, unfavorable currency effect and a high debt load remain concerns. In the past 12 months, the stock has outperformed the industry it belongs.”
  • 1/4/2018 – Texas Instruments had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $112.00 price target on the stock.
  • 12/21/2017 – Texas Instruments was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.

Texas Instruments Incorporated (NASDAQ TXN) traded up $1.45 during trading hours on Monday, reaching $101.94. 6,670,000 shares of the company were exchanged, compared to its average volume of 7,200,000. Texas Instruments Incorporated has a 1-year low of $74.52 and a 1-year high of $120.75. The company has a quick ratio of 3.00, a current ratio of 3.87 and a debt-to-equity ratio of 0.35. The firm has a market cap of $100,470.00, a price-to-earnings ratio of 28.32, a PEG ratio of 2.11 and a beta of 1.24.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, January 23rd. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.09. Texas Instruments had a net margin of 24.61% and a return on equity of 40.83%. The business had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.74 billion. During the same period last year, the business posted $0.91 EPS. Texas Instruments’s revenue was up 9.8% compared to the same quarter last year. equities analysts anticipate that Texas Instruments Incorporated will post 4.97 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, February 12th. Investors of record on Wednesday, January 31st will be paid a $0.62 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $2.48 dividend on an annualized basis and a yield of 2.43%. Texas Instruments’s payout ratio is presently 68.89%.

In related news, insider Haren Julie Van sold 19,125 shares of the firm’s stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $105.48, for a total value of $2,017,305.00. Following the transaction, the insider now directly owns 29,578 shares in the company, valued at approximately $3,119,887.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark A. Blinn sold 9,724 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $112.47, for a total transaction of $1,093,658.28. Following the completion of the transaction, the director now owns 10,178 shares in the company, valued at $1,144,719.66. The disclosure for this sale can be found here. Insiders sold a total of 707,677 shares of company stock worth $78,161,034 over the last quarter. 0.96% of the stock is currently owned by company insiders.

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

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