Texas Instruments (NASDAQ:TXN) Price Target Increased to $205.00 by Analysts at Susquehanna

Texas Instruments (NASDAQ:TXNGet Rating) had its price target lifted by analysts at Susquehanna from $195.00 to $205.00 in a research note issued to investors on Wednesday, The Fly reports. Susquehanna’s price objective points to a potential upside of 15.79% from the stock’s current price.

TXN has been the subject of several other research reports. Morgan Stanley dropped their price target on Texas Instruments from $160.00 to $152.00 and set an “underweight” rating for the company in a research note on Wednesday, October 26th. Sanford C. Bernstein decreased their price objective on Texas Instruments to $145.00 in a report on Thursday, October 27th. Cowen decreased their price objective on Texas Instruments from $170.00 to $160.00 in a report on Wednesday, October 26th. Barclays lifted their price objective on Texas Instruments from $150.00 to $165.00 and gave the stock an “equal weight” rating in a report on Monday. Finally, Truist Financial lifted their price objective on Texas Instruments from $158.00 to $177.00 and gave the stock a “hold” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $177.96.

Texas Instruments Trading Down 0.6 %

Shares of TXN stock opened at $177.04 on Wednesday. The company has a quick ratio of 4.06, a current ratio of 4.92 and a debt-to-equity ratio of 0.51. The business has a 50-day moving average price of $172.92 and a two-hundred day moving average price of $168.62. Texas Instruments has a 12-month low of $144.46 and a 12-month high of $191.34. The firm has a market cap of $160.68 billion, a P/E ratio of 18.56, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02.

Texas Instruments (NASDAQ:TXNGet Rating) last issued its quarterly earnings results on Tuesday, October 25th. The semiconductor company reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.08. Texas Instruments had a return on equity of 63.68% and a net margin of 44.21%. The firm had revenue of $5.24 billion during the quarter, compared to analyst estimates of $5.10 billion. Equities analysts anticipate that Texas Instruments will post 9.23 EPS for the current fiscal year.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 9,990 shares of Texas Instruments stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $175.16, for a total transaction of $1,749,848.40. Following the sale, the director now directly owns 8,942 shares of the company’s stock, valued at approximately $1,566,280.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, Director Janet F. Clark sold 9,990 shares of the business’s stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $175.16, for a total value of $1,749,848.40. Following the sale, the director now directly owns 8,942 shares of the company’s stock, valued at approximately $1,566,280.72. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Ahmad Bahai sold 1,109 shares of the business’s stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $180.01, for a total value of $199,631.09. Following the completion of the sale, the vice president now directly owns 27,306 shares in the company, valued at $4,915,353.06. The disclosure for this sale can be found here. Insiders own 0.54% of the company’s stock.

Institutional Trading of Texas Instruments

A number of hedge funds have recently made changes to their positions in the stock. Exeter Financial LLC boosted its position in shares of Texas Instruments by 174.2% in the 4th quarter. Exeter Financial LLC now owns 13,457 shares of the semiconductor company’s stock worth $2,223,000 after purchasing an additional 8,550 shares in the last quarter. Aaron Wealth Advisors LLC lifted its position in Texas Instruments by 25.0% in the 4th quarter. Aaron Wealth Advisors LLC now owns 10,751 shares of the semiconductor company’s stock valued at $1,776,000 after acquiring an additional 2,153 shares in the last quarter. Koshinski Asset Management Inc. lifted its position in Texas Instruments by 1.8% in the 4th quarter. Koshinski Asset Management Inc. now owns 24,471 shares of the semiconductor company’s stock valued at $4,043,000 after acquiring an additional 424 shares in the last quarter. Covenant Asset Management LLC lifted its position in Texas Instruments by 1.3% in the 4th quarter. Covenant Asset Management LLC now owns 7,467 shares of the semiconductor company’s stock valued at $1,234,000 after acquiring an additional 96 shares in the last quarter. Finally, Forum Financial Management LP lifted its position in Texas Instruments by 1.3% in the 4th quarter. Forum Financial Management LP now owns 7,082 shares of the semiconductor company’s stock valued at $1,170,000 after acquiring an additional 92 shares in the last quarter. 83.12% of the stock is owned by institutional investors.

Texas Instruments Company Profile

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Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. It operates through the following segments: Analog and Embedded Processing.

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