Sentiment Change Report: Texas Instruments Inc (NASDAQ:TXN)

September 30, 2018 - By Megan Stone

Texas Instruments Incorporated (NASDAQ:TXN) Logo

Sentiment for Texas Instruments Inc (NASDAQ:TXN)

Texas Instruments Inc (NASDAQ:TXN) institutional sentiment increased to 1.14 in Q2 2018. Its up 0.24, from 0.9 in 2018Q1. The ratio has improved, as 473 investment managers increased and started new positions, while 414 sold and decreased stock positions in Texas Instruments Inc. The investment managers in our partner’s database now have: 794.31 million shares, down from 800.61 million shares in 2018Q1. Also, the number of investment managers holding Texas Instruments Inc in their top 10 positions decreased from 37 to 36 for a decrease of 1. Sold All: 45 Reduced: 369 Increased: 356 New Position: 117.

Texas Instruments Incorporated designs, makes, and sells semiconductors to electronics designers and manufacturers worldwide. The company has market cap of $104.31 billion. The firm operates through two divisions, Analog and Embedded Processing. It has a 24.68 P/E ratio. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power products to manage power requirements using battery management solutions, portable power components, power supply controls, and point-of-load products.

It closed at $107.29 lastly. It is down 26.12% since September 30, 2017 and is uptrending. It has outperformed by 10.50% the S&P500.

Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on October, 23. They expect $1.53 EPS, up 21.43 % or $0.27 from last year’s $1.26 per share. TXN’s profit will be $1.49 billion for 17.53 P/E if the $1.53 EPS becomes a reality. After $1.37 actual EPS reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts 11.68 % EPS growth.

Syntal Capital Partners Llc holds 17.33% of its portfolio in Texas Instruments Incorporated for 419,938 shares. Northside Capital Management Llc owns 282,693 shares or 10.98% of their US portfolio. Moreover, Heathbridge Capital Management Ltd. has 6.39% invested in the company for 273,900 shares. The Delaware-based Marvin & Palmer Associates Inc has invested 5.3% in the stock. Glenview State Bank Trust Dept., a Illinois-based fund reported 98,267 shares.

Since January 1, 0001, it had 0 buys, and 3 insider sales for $24.13 million activity.

Texas Instruments Incorporated (NASDAQ:TXN) Ratings Coverage

Ratings analysis reveals 67% of Texas Instruments’s analysts are positive. Out of 12 Wall Street analysts rating Texas Instruments, 8 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $85 while the high is $140. The stock’s average target of $124.22 is 15.78% above today’s ($107.29) share price. TXN was included in 15 notes of analysts from April 5, 2018. Drexel Hamilton maintained the stock with “Buy” rating in Wednesday, April 25 report. On Wednesday, July 25 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The stock has “Buy” rating by RBC Capital Markets on Tuesday, April 24. As per Wednesday, July 11, the company rating was upgraded by Longbow. Bank of America maintained Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, July 25 with “Buy” rating. DZ Bank upgraded the shares of TXN in report on Thursday, April 26 to “Buy” rating. RBC Capital Markets maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Wednesday, July 18. RBC Capital Markets has “Outperform” rating and $127 target. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned “Hold” rating by FBR Capital on Wednesday, April 25. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, April 25. Citigroup maintained the shares of TXN in report on Wednesday, April 25 with “Buy” rating.

More recent Texas Instruments Incorporated (NASDAQ:TXN) news were published by: Nasdaq.com which released: “Best ETFs for 2018: Tariffs Batter the VanEck Vectors Semiconductor ETF” on September 27, 2018. Also Fool.com published the news titled: “Better Buy: Western Digital Corporation vs. Texas Instruments” on September 25, 2018. Nasdaq.com‘s news article titled: “Is Texas Instruments (TXN) a High-Growth Dividend Stock?” with publication date: September 03, 2018 was also an interesting one.

Texas Instruments Incorporated (NASDAQ:TXN) Institutional Positions Chart

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