Shares of Texas Instruments Inc. (NASDAQ:TXN) have earned a consensus rating of “Hold” from the twenty-nine ratings firms that are covering the firm. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and fourteen have assigned a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $71.07.

TXN has been the topic of a number of research analyst reports. Zacks Investment Research lowered Texas Instruments from a “buy” rating to a “hold” rating in a report on Wednesday, October 19th. B. Riley raised Texas Instruments from a “neutral” rating to a “buy” rating in a report on Friday, September 30th. Royal Bank Of Canada lifted their target price on Texas Instruments from $75.00 to $80.00 and gave the stock an “outperform” rating in a report on Monday, August 22nd. Robert W. Baird raised Texas Instruments from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $70.00 to $80.00 in a report on Wednesday, September 14th. Finally, RBC Capital Markets reaffirmed an “outperform” rating and set a $80.00 target price on shares of Texas Instruments in a report on Tuesday, August 30th.

In related news, insider Brian T. Crutcher sold 15,000 shares of the business’s stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $70.69, for a total value of $1,060,350.00. Following the sale, the insider now owns 309,250 shares of the company’s stock, valued at approximately $21,860,882.50. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.02% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the company. FirstMerit Bank N A Trustee raised its position in Texas Instruments by 7.2% in the second quarter. FirstMerit Bank N A Trustee now owns 71,411 shares of the company’s stock worth $4,474,000 after buying an additional 4,780 shares in the last quarter. Central Bank & Trust Co. raised its position in Texas Instruments by 2.3% in the second quarter. Central Bank & Trust Co. now owns 4,892 shares of the company’s stock worth $306,000 after buying an additional 111 shares in the last quarter. Hollencrest Securities LLC raised its position in Texas Instruments by 6.9% in the second quarter. Hollencrest Securities LLC now owns 5,023 shares of the company’s stock worth $314,000 after buying an additional 323 shares in the last quarter. Alpha Windward LLC raised its position in Texas Instruments by 8.6% in the second quarter. Alpha Windward LLC now owns 4,776 shares of the company’s stock worth $299,000 after buying an additional 377 shares in the last quarter. Finally, Chevy Chase Trust Holdings Inc. raised its position in Texas Instruments by 1.2% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 862,661 shares of the company’s stock worth $54,046,000 after buying an additional 10,303 shares in the last quarter. 85.07% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: This piece of content was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright law. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2016/12/01/texas-instruments-inc-txn-receives-71-07-consensus-pt-from-brokerages.html.

Texas Instruments (NASDAQ:TXN) opened at 73.93 on Monday. The stock has a market capitalization of $73.89 billion, a price-to-earnings ratio of 23.47 and a beta of 1.28. Texas Instruments has a one year low of $46.73 and a one year high of $74.89. The stock’s 50 day moving average is $70.48 and its 200 day moving average is $66.98.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Wednesday, October 26th. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.08. The company had revenue of $3.68 billion for the quarter. Texas Instruments had a return on equity of 31.60% and a net margin of 24.73%. Texas Instruments’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the business posted $0.76 earnings per share. On average, equities analysts forecast that Texas Instruments will post $3.16 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, November 21st. Investors of record on Monday, November 7th were paid a $0.50 dividend. This is a positive change from Texas Instruments’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Thursday, November 3rd. This represents a $2.00 annualized dividend and a yield of 2.71%. Texas Instruments’s payout ratio is currently 63.49%.

Texas Instruments Company Profile

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. Its Analog segment’s product line includes High Volume Analog & Logic (HVAL), Power Management (Power), High Performance Analog (HPA) and Silicon Valley Analog (SVA).

5 Day Chart for NASDAQ:TXN

Receive News & Stock Ratings for Texas Instruments Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments Inc. and related stocks with our FREE daily email newsletter.