Q4 2024 EPS Estimates for Texas Instruments Incorporated (NASDAQ:TXN) Reduced by Analyst

Texas Instruments Incorporated (NASDAQ:TXN) – Zacks Research decreased their Q4 2024 earnings estimates for shares of Texas Instruments in a research report issued to clients and investors on Tuesday, May 7th. Zacks Research analyst S. Mete now expects that the semiconductor company will earn $1.36 per share for the quarter, down from their prior forecast of $1.38. The consensus estimate for Texas Instruments’ current full-year earnings is $5.21 per share.

Other equities analysts have also issued research reports about the company. Benchmark reiterated a “buy” rating and issued a $210.00 price target on shares of Texas Instruments in a research report on Wednesday, April 24th. Susquehanna lifted their target price on shares of Texas Instruments from $200.00 to $205.00 and gave the stock a “positive” rating in a research report on Wednesday, April 24th. Evercore ISI upped their price target on shares of Texas Instruments from $213.00 to $225.00 and gave the company an “outperform” rating in a research report on Wednesday, April 24th. Stifel Nicolaus raised their price objective on shares of Texas Instruments from $160.00 to $172.00 and gave the stock a “hold” rating in a research note on Wednesday, April 24th. Finally, Barclays cut their target price on shares of Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $180.74.

Texas Instruments Stock Performance

TXN opened at $185.32 on Thursday. The business has a 50 day moving average price of $171.80 and a two-hundred day moving average price of $163.72. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.91 and a quick ratio of 3.76. The company has a market capitalization of $168.73 billion, a price-to-earnings ratio of 28.91, a price-to-earnings-growth ratio of 3.81 and a beta of 1.01. Texas Instruments has a 1-year low of $139.48 and a 1-year high of $188.12.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The company had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.61 billion. During the same period last year, the business posted $1.85 earnings per share. The firm’s quarterly revenue was down 16.4% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Keudell Morrison Wealth Management lifted its holdings in Texas Instruments by 1.5% during the 1st quarter. Keudell Morrison Wealth Management now owns 3,915 shares of the semiconductor company’s stock valued at $682,000 after purchasing an additional 59 shares during the last quarter. Chemistry Wealth Management LLC lifted its stake in shares of Texas Instruments by 5.2% during the 1st quarter. Chemistry Wealth Management LLC now owns 1,254 shares of the semiconductor company’s stock worth $218,000 after buying an additional 62 shares during the last quarter. Field & Main Bank boosted its holdings in shares of Texas Instruments by 10.4% during the 4th quarter. Field & Main Bank now owns 693 shares of the semiconductor company’s stock worth $118,000 after buying an additional 65 shares during the period. Guardian Wealth Management Inc. grew its stake in Texas Instruments by 0.6% in the 4th quarter. Guardian Wealth Management Inc. now owns 10,986 shares of the semiconductor company’s stock valued at $1,873,000 after buying an additional 65 shares during the last quarter. Finally, Buckley Wealth Management LLC raised its holdings in Texas Instruments by 1.1% in the 1st quarter. Buckley Wealth Management LLC now owns 5,900 shares of the semiconductor company’s stock valued at $1,028,000 after acquiring an additional 65 shares during the period. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other news, Director Pamela H. Patsley sold 9,990 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $179.12, for a total value of $1,789,408.80. Following the transaction, the director now owns 33,348 shares of the company’s stock, valued at approximately $5,973,293.76. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Pamela H. Patsley sold 9,990 shares of Texas Instruments stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the transaction, the director now owns 33,348 shares of the company’s stock, valued at approximately $5,973,293.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Richard K. Templeton sold 100,440 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $178.47, for a total transaction of $17,925,526.80. Following the completion of the sale, the chairman now owns 403,851 shares of the company’s stock, valued at approximately $72,075,287.97. The disclosure for this sale can be found here. In the last three months, insiders have sold 328,969 shares of company stock worth $58,427,984. Company insiders own 0.68% of the company’s stock.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be issued a dividend of $1.30 per share. The ex-dividend date is Tuesday, May 7th. This represents a $5.20 annualized dividend and a yield of 2.81%. Texas Instruments’s dividend payout ratio is currently 81.12%.

Texas Instruments Company Profile

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.