Institutional Investors Lead Shift in Texas Instruments Inc (NASDAQ:TXN) Sentiment

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Sentiment for Texas Instruments Inc (NASDAQ:TXN)

Texas Instruments Inc (NASDAQ:TXN) institutional sentiment decreased to 1.12 in Q2 2019. Its down -0.09, from 1.21 in 2019Q1. The ratio has dropped, as 481 funds increased or started new stock positions, while 430 sold and reduced their equity positions in Texas Instruments Inc. The funds in our partner’s database now possess: 739.35 million shares, down from 776.81 million shares in 2019Q1. Also, the number of funds holding Texas Instruments Inc in their top 10 stock positions increased from 31 to 34 for an increase of 3. Sold All: 52 Reduced: 378 Increased: 360 New Position: 121.

Texas Instruments Incorporated designs, makes, and sells semiconductors to electronics designers and manufacturers worldwide. The company has market cap of $121.01 billion. The firm operates through two divisions, Analog and Embedded Processing. It has a 23.66 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.

The stock decreased 0.47% or $0.61 during the last trading session, reaching $129.61. About 2.09 million shares traded. Texas Instruments Incorporated (NASDAQ:TXN) has risen 12.71% since September 13, 2018 and is uptrending. It has outperformed by 12.71% the S&P500.

Analysts await Texas Instruments Incorporated (NASDAQ:TXN) to report earnings on October, 22. They expect $1.41 earnings per share, down 10.76 % or $0.17 from last year’s $1.58 per share. TXN’s profit will be $1.32B for 22.98 P/E if the $1.41 EPS becomes a reality. After $1.29 actual earnings per share reported by Texas Instruments Incorporated for the previous quarter, Wall Street now forecasts 9.30 % EPS growth.

Northside Capital Management Llc holds 12.74% of its portfolio in Texas Instruments Incorporated for 282,848 shares. Caledonia Investments Plc owns 187,000 shares or 5.99% of their US portfolio. Moreover, Heathbridge Capital Management Ltd. has 5.89% invested in the company for 251,665 shares. The Delaware-based Marvin & Palmer Associates Inc has invested 4.89% in the stock. Glenview State Bank Trust Dept., a Illinois-based fund reported 97,797 shares.

Texas Instruments Incorporated (NASDAQ:TXN) Ratings Coverage

Ratings analysis reveals 27% of Texas Instruments’s analysts are positive. Out of 11 Wall Street analysts rating Texas Instruments, 3 give it “Buy”, 1 “Sell” rating, while 7 recommend “Hold”. The lowest target is $5800 while the high is $15000. The stock’s average target of $113.55 is -12.39% below today’s ($129.61) share price. TXN was included in 19 notes of analysts from March 18, 2019. As per Wednesday, April 24, the company rating was maintained by Morgan Stanley. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, April 24 report. Stifel Nicolaus maintained Texas Instruments Incorporated (NASDAQ:TXN) on Thursday, August 29 with “Hold” rating. BMO Capital Markets maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Wednesday, July 24. BMO Capital Markets has “Outperform” rating and $15000 target. The firm earned “Equal-Weight” rating on Wednesday, July 24 by Barclays Capital. UBS maintained the stock with “Sell” rating in Thursday, August 22 report. The stock of Texas Instruments Incorporated (NASDAQ:TXN) earned “Outperform” rating by Credit Suisse on Wednesday, July 24. The stock has “Equal-Weight” rating by Morgan Stanley on Wednesday, July 24. The stock of Texas Instruments Incorporated (NASDAQ:TXN) has “Overweight” rating given on Wednesday, July 24 by JP Morgan. The rating was maintained by Robert W. Baird on Wednesday, April 24 with “Neutral”.

More notable recent Texas Instruments Incorporated (NASDAQ:TXN) news were published by: Finance.Yahoo.com which released: “Texas Instruments (NASDAQ:TXN) Seems To Use Debt Quite Sensibly – Yahoo Finance” on September 12, 2019, also Nasdaq.com with their article: “Texas Instruments (TXN) Tops Q1 Earnings and Revenue Estimates – Nasdaq” published on April 23, 2019, Nasdaq.com published: “Texas Instruments Earnings: TXN Stock Soars as Forecast Above Expected – Nasdaq” on July 23, 2019. More interesting news about Texas Instruments Incorporated (NASDAQ:TXN) were released by: Seekingalpha.com and their article: “UBS still skeptical on TXN recovery – Seeking Alpha” published on August 22, 2019 as well as Finance.Yahoo.com‘s news article titled: “These Fundamentals Make Texas Instruments Incorporated (NASDAQ:TXN) Truly Worth Looking At – Yahoo Finance” with publication date: June 06, 2019.

Texas Instruments Incorporated (NASDAQ:TXN) Institutional Positions Chart

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