Texas Instruments’ (TXN) “Neutral” Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald restated their neutral rating on shares of Texas Instruments (NASDAQ:TXN) in a research note released on Friday morning,Benzinga reports. The firm currently has a $200.00 price objective on the semiconductor company’s stock. Cantor Fitzgerald also issued estimates for Texas Instruments’ FY2025 earnings at $5.50 EPS and FY2025 earnings at $5.25 EPS.

Other analysts also recently issued reports about the company. Morgan Stanley lifted their price target on Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research note on Wednesday, October 23rd. Mizuho set a $200.00 price target on shares of Texas Instruments in a research note on Friday, October 18th. Robert W. Baird reduced their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Susquehanna lowered their target price on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research report on Monday, October 21st. 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 for the company in a research report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average price target of $209.20.

Texas Instruments Stock Performance

Shares of TXN opened at $185.52 on Friday. The stock has a market capitalization of $169.24 billion, a P/E ratio of 34.48, a P/E/G ratio of 3.84 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. Texas Instruments has a 1 year low of $155.46 and a 1 year high of $220.38. The company’s fifty day moving average is $193.38 and its two-hundred day moving average is $199.46.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. During the same quarter last year, the business earned $1.49 EPS. On average, sell-side analysts predict that Texas Instruments will post 5.08 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Friday, January 31st. Texas Instruments’s payout ratio is 101.12%.

Insiders Place Their Bets

In other news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, the director now owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.68% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Texas Instruments

Institutional investors and hedge funds have recently bought and sold shares of the stock. Daymark Wealth Partners LLC boosted its holdings in Texas Instruments by 2.4% in the second quarter. Daymark Wealth Partners LLC now owns 8,664 shares of the semiconductor company’s stock valued at $1,685,000 after acquiring an additional 201 shares during the last quarter. MBB Public Markets I LLC purchased a new stake in shares of Texas Instruments during the 2nd quarter worth about $12,609,000. The Manufacturers Life Insurance Company increased its position in Texas Instruments by 3.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,003,289 shares of the semiconductor company’s stock worth $778,750,000 after purchasing an additional 129,717 shares in the last quarter. Legal & General Group Plc raised its holdings in Texas Instruments by 0.8% in the second quarter. Legal & General Group Plc now owns 7,831,270 shares of the semiconductor company’s stock valued at $1,523,415,000 after buying an additional 64,067 shares during the period. Finally, Susquehanna Fundamental Investments LLC lifted its position in Texas Instruments by 83.4% during the second quarter. Susquehanna Fundamental Investments LLC now owns 83,809 shares of the semiconductor company’s stock valued at $16,303,000 after buying an additional 38,122 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

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.