Texas Instruments shares rise amid planned dividend increase

Texas Instruments shares closed at $272.62 on the Nasdaq, marking a 0.45 percent increase. The company is reportedly planning to increase its quarterly dividend by 7 percent, raising it from $1.42 to $1.52 per share, subject to board approval.

Zacks Research has downgraded the stock from ‘Strong Buy’ to ‘Hold’. Despite the downgrade, the consensus analyst price target remains at $312.12. Technical analysis indicates the stock is currently at a structural decision point, with a potential bullish breakout toward $308 if it can sustain a daily close above $274.18.