Texas Instruments (NASDAQ:TXN – Get Free Report)‘s stock had its “neutral” rating reiterated by analysts at Cantor Fitzgerald in a note issued to investors on Friday,Benzinga reports. They presently have a $200.00 price target on the semiconductor company’s stock. Cantor Fitzgerald’s target price indicates a potential upside of 7.81% from the stock’s previous close. Cantor Fitzgerald also issued estimates for Texas Instruments’ FY2025 earnings at $5.50 EPS and FY2025 earnings at $5.25 EPS.
Other research analysts have also recently issued research reports about the company. Susquehanna cut their price target on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 21st. Wells Fargo & Company reduced their price target on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Barclays lowered their price target on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a report on Friday. Morgan Stanley raised their price objective on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 23rd. Finally, Benchmark reaffirmed a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research report on Friday. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $209.20.
Check Out Our Latest Stock Report on Texas Instruments
Texas Instruments Trading Down 7.5 %
Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same period last year, the business posted $1.49 EPS. On average, equities research analysts expect that Texas Instruments will post 5.08 earnings per share for the current fiscal 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 value of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.68% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Texas Instruments
Large investors have recently made changes to their positions in the company. MidAtlantic Capital Management Inc. acquired a new position in Texas Instruments during the 3rd quarter valued at about $28,000. Financial Life Planners bought a new stake in shares of Texas Instruments during the fourth quarter worth approximately $26,000. Retirement Wealth Solutions LLC acquired a new position in Texas Instruments in the fourth quarter valued at approximately $27,000. Tsfg LLC boosted its stake in Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 82 shares during the last quarter. Finally, Capital Performance Advisors LLP bought a new position in Texas Instruments in the third quarter valued at approximately $39,000. Institutional investors and hedge funds 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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