Texas Instruments (NASDAQ:TXN) Price Target Raised to $370.00

Texas Instruments (NASDAQ:TXN) had its price target raised by Stifel Nicolaus from $360.00 to $370.00 in a research note released on Thursday morning, MarketBeat.com reports. They currently have a buy rating on the semiconductor company’s stock.

Several other equities research analysts have also recently commented on TXN. KeyCorp boosted their target price on Texas Instruments from $390.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Truist Financial raised their price target on shares of Texas Instruments from $278.00 to $300.00 and gave the stock a “hold” rating in a research note on Thursday, July 23rd. Evercore reiterated an “outperform” rating and issued a $330.00 price objective (up from $316.00) on shares of Texas Instruments in a report on Thursday, July 23rd. Rosenblatt Securities lifted their price objective on shares of Texas Instruments from $350.00 to $360.00 and gave the company a “buy” rating in a report on Thursday. Finally, TD Cowen cut their price objective on shares of Texas Instruments from $340.00 to $330.00 and set a “buy” rating on the stock in a research report on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $311.39.

Texas Instruments Stock Up 1.9%

TXN stock opened at $284.69 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 5.59 and a quick ratio of 3.44. The stock has a market capitalization of $259.99 billion, a P/E ratio of 36.92, a P/E/G ratio of 1.55 and a beta of 1.35. The business has a 50-day moving average of $271.98 and a 200-day moving average of $279.47. Texas Instruments has a fifty-two week low of $152.73 and a fifty-two week high of $334.03.

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

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be given a $1.52 dividend. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, October 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 73.67%.

Insiders Place Their Bets

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the transaction, the vice president owned 23,181 shares of the company’s stock, valued at $6,134,388.03. The trade was a 23.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Texas Instruments

Several large investors have recently made changes to their positions in the stock. Contravisory Investment Management Inc. bought a new stake in Texas Instruments in the second quarter valued at approximately $1,493,000. Quantbot Technologies LP acquired a new stake in shares of Texas Instruments in the second quarter valued at approximately $1,962,000. Diversify Advisory Services LLC boosted its stake in shares of Texas Instruments by 122.1% during the 3rd quarter. Diversify Advisory Services LLC now owns 24,545 shares of the semiconductor company’s stock worth $6,851,000 after acquiring an additional 13,495 shares during the period. Ieq Capital LLC acquired a new position in shares of Texas Instruments during the 2nd quarter worth approximately $17,709,000. Finally, Liontrust Investment Partners LLP acquired a new position in shares of Texas Instruments during the 1st quarter worth approximately $13,056,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments News Roundup

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.