Texas Instruments (NASDAQ:TXN – Get Free Report)‘s stock had its “neutral” rating restated by equities researchers at Cantor Fitzgerald in a research report issued on Friday,Benzinga reports. They presently have a $200.00 price objective on the semiconductor company’s stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 5.71% from the stock’s previous close. Cantor Fitzgerald also issued estimates for Texas Instruments’ FY2025 earnings at $5.50 EPS.
A number of other research firms have also recently commented on TXN. Barclays cut their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday. Bank of America cut their target price on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Rosenblatt Securities reissued a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research note on Tuesday. Wells Fargo & Company cut their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Finally, Benchmark restated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Friday. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and a consensus price target of $209.45.
View Our Latest Report on Texas Instruments
Texas Instruments Stock Performance
Texas Instruments (NASDAQ:TXN – Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating 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 period in the previous year, the business earned $1.49 earnings per share. Sell-side analysts forecast that Texas Instruments will post 5.08 earnings per share for the current year.
Insider Activity at Texas Instruments
In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following 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 sale was disclosed in a document filed with the SEC, which is available through this link. 0.68% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in TXN. Fiduciary Alliance LLC increased its holdings in shares of Texas Instruments by 25.3% during the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock worth $6,901,000 after buying an additional 7,424 shares during the last quarter. Townsquare Capital LLC increased its holdings in shares of Texas Instruments by 5.9% during the 3rd quarter. Townsquare Capital LLC now owns 93,689 shares of the semiconductor company’s stock worth $19,353,000 after buying an additional 5,201 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Texas Instruments by 454.5% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company’s stock worth $244,386,000 after buying an additional 1,029,741 shares during the last quarter. HB Wealth Management LLC increased its holdings in shares of Texas Instruments by 4.4% during the 4th quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock worth $18,724,000 after buying an additional 4,238 shares during the last quarter. Finally, Swiss National Bank increased its holdings in shares of Texas Instruments by 0.3% during the 3rd quarter. Swiss National Bank now owns 2,702,500 shares of the semiconductor company’s stock worth $558,255,000 after buying an additional 8,100 shares during the last quarter. Hedge funds and other institutional investors 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.
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