Citigroup Reiterates Buy Rating on Texas Instruments

Citigroup has reiterated its Buy rating on Texas Instruments Incorporated (NasdaqGS: TXN) as of June 15, 2026. The investment bank, led by analyst Christopher Danely, set a price target of $345 for the semiconductor giant. This action reflects Citigroup's continued positive outlook on the company.

Other Institutional Activity in Texas Instruments

Several other institutional investors have adjusted their positions in Texas Instruments. BlackRock, Inc. increased its holdings by 2,475,037 shares, bringing its total to 81,515,619 shares valued at approximately $15.8 billion. Vanguard Capital Management LLC acquired 58,978,704 shares, reaching a total value of about $11.5 billion. On the other hand, State Street Corp reduced its position by 369,056 shares, leaving it with 43,077,664 shares valued at around $8.4 billion. JPMorgan Chase & Co significantly boosted its holdings by 10,056,903 shares, totaling 38,381,788 shares worth approximately $7.2 billion.

Texas Instruments Stock Snapshot

Shares of Texas Instruments are trading near $301.12 on the Nasdaq. The company boasts a market capitalization of approximately $274 billion. It has a P/E ratio of 51.56 and a forward P/E of 31.99, with a beta of 1.309, indicating a higher volatility compared to the market. Over the past year, the stock has seen a low of $152.73 and a high of $331.51. The 50-day moving average is $272.80, while the 200-day moving average stands at $208.14. The company maintains a strong financial position with a current ratio of 4.456 and a quick ratio of 2.827.

Recent Earnings

In the latest earnings report, Texas Instruments reported a revenue of $18.44 billion, reflecting a growth of 18.6%. The company achieved a net margin of 29.1% and a return on equity of 32.35%. Earnings per share came in at $5.84. The next earnings announcement is scheduled for July 22, 2026.

Dividend

Texas Instruments offers a dividend rate of $5.68 per share, with a yield of 1.89%. The dividend payout ratio is 95.04%, indicating the proportion of earnings paid out as dividends to shareholders.

Insider Buying and Selling at Texas Instruments Incorporated

Recent insider activity at Texas Instruments saw Craighead Martin selling 10,000 shares on May 28, 2026, at an average price of $320.43. Senior Vice President Ahmad Bahai sold 5,000 shares on May 14, 2026, at a price of $309.13, and another 5,000 shares at $110.15. Meanwhile, Senior Vice President & CFO Rafael Lizardi sold 47,734 shares at $174.81 and bought the same amount, indicating a strategic repositioning.

Analysts Set New Price Targets

On June 15, 2026, Citigroup maintained its Buy rating with a $345 price target. Other analysts have also weighed in, with Wells Fargo and Mizuho maintaining Hold ratings at $300 targets. Seaport Global recently upgraded the stock to Buy with a target of $400. The consensus recommendation for Texas Instruments remains a Buy, with an average target price of $291.55 based on 33 analyst opinions.

About Texas Instruments

Texas Instruments Incorporated is a leading player in the semiconductor industry, designing and manufacturing chips for various markets including industrial, automotive, and personal electronics. Headquartered in Dallas, Texas, the company operates through its Analog and Embedded Processing segments. With a workforce of 33,000 employees, Texas Instruments continues to innovate in power management and signal chain products, as well as embedded processing solutions under the leadership of CEO Mr. Haviv Ilan.

Bottom Line

Citigroup's reiterated Buy rating and $345 price target highlight confidence in Texas Instruments' growth prospects. Investors closely watch these analyst ratings as they provide insight into market expectations. It's important to remember that these ratings are based on past performance and do not guarantee future results.