Texas Instruments (NASDAQ:TXN) Price Target Raised to $360.00

Texas Instruments (NASDAQ:TXN) had its price objective boosted by Rosenblatt Securities from $350.00 to $360.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock.

Several other research firms have also issued reports on TXN. Cantor Fitzgerald reiterated a “neutral” rating on shares of Texas Instruments in a research report on Tuesday. Wall Street Zen upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Morgan Stanley upped their target price on Texas Instruments from $255.00 to $278.00 and gave the stock an “underweight” rating in a research note on Thursday. The Goldman Sachs Group restated a “sell” rating and set a $250.00 target price on shares of Texas Instruments in a research note on Thursday. Finally, KeyCorp raised their target price on Texas Instruments from $390.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $311.39.

Texas Instruments Trading Up 1.9%

Shares of Texas Instruments stock opened at $284.69 on Thursday. The company has a market capitalization of $259.99 billion, a price-to-earnings ratio of 36.92, a PEG ratio of 1.55 and a beta of 1.35. The company has a quick ratio of 3.44, a current ratio of 5.59 and a debt-to-equity ratio of 0.67. Texas Instruments has a 12-month low of $152.73 and a 12-month high of $334.03. The firm’s 50-day moving average price is $271.98 and its two-hundred day moving average price is $279.47.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, beating the consensus estimate of $2.40 by $0.22. The company had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.94 billion. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.48 EPS. On average, analysts forecast that Texas Instruments will post 8.79 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be issued a $1.52 dividend. This represents a $6.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, October 30th. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s payout ratio is currently 73.67%.

Insider Buying and Selling

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of the stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the completion of the transaction, the vice president directly owned 23,181 shares in the company, valued at approximately $6,134,388.03. This trade represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Portus Wealth Advisors LLC acquired a new stake in Texas Instruments during the 1st quarter worth approximately $27,000. Scarborough Advisors LLC bought a new stake in Texas Instruments during the 1st quarter worth approximately $29,000. Kilter Group LLC acquired a new position in Texas Instruments in the 2nd quarter valued at approximately $31,000. Main Street Group LTD acquired a new position in Texas Instruments in the 1st quarter valued at approximately $32,000. Finally, Nvwm LLC increased its position in Texas Instruments by 550.0% in the 3rd quarter. Nvwm LLC now owns 117 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 99 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments News Summary

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 28% year over year, while EPS increased 77% to $2.62 and exceeded consensus expectations. Industrial, analog and data-center demand drove the results, with data-center revenue reportedly rising 95%. TXN Q3 Earnings Beat Estimates on Strong Analog, Data Center Demand
• Positive Sentiment: Management’s fourth-quarter revenue guidance, with a midpoint of about $6.05 billion, came in well above analyst expectations. Capacity expansion and broader cyclical recovery could support longer-term revenue, margins and cash flow. TXN Q3 Deep Dive: Industrial and Data Center Growth Drive Outlook Upgrade
• Positive Sentiment: Analyst sentiment strengthened: Zacks upgraded TXN to Rank #1, Freedom Broker raised its rating to Buy with a $330 target, and JPMorgan lifted its target to $365 while maintaining an Overweight rating. Texas Instruments Upgraded to Strong Buy
• Positive Sentiment: New chips for AI data centers—including power-monitoring, high-voltage distribution and timing components—give TXN additional exposure to data-center infrastructure growth. Texas Instruments Debuts Industry First Chips for AI Data Centers
• Neutral Sentiment: Unusual call-option activity and comparisons with Micron indicate bullish trading interest, although Micron was viewed as having stronger AI-driven growth and a lower valuation. Micron vs. Texas Instruments
• Negative Sentiment: TXN’s premium valuation remains a risk if the industrial recovery or AI infrastructure spending slows. Mizuho lowered its target to $290 and kept a Neutral rating, highlighting limited near-term upside. Mizuho Texas Instruments Rating

Texas Instruments Company Profile

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.