Blossom Wealth Management Has $213,000 Position in Texas Instruments Incorporated (NASDAQ:TXN)

Blossom Wealth Management grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 5.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,137 shares of the semiconductor company’s stock after buying an additional 55 shares during the quarter. Blossom Wealth Management’s holdings in Texas Instruments were worth $213,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Heritage Wealth Management Inc. bought a new position in Texas Instruments during the 2nd quarter valued at about $210,000. Centaurus Financial Inc. raised its stake in shares of Texas Instruments by 10.5% in the second quarter. Centaurus Financial Inc. now owns 2,537 shares of the semiconductor company’s stock valued at $494,000 after acquiring an additional 241 shares during the last quarter. Czech National Bank boosted its holdings in shares of Texas Instruments by 7.2% in the 3rd quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after acquiring an additional 12,496 shares in the last quarter. Apella Capital LLC grew its position in Texas Instruments by 6.4% during the 3rd quarter. Apella Capital LLC now owns 8,285 shares of the semiconductor company’s stock worth $1,685,000 after acquiring an additional 499 shares during the last quarter. Finally, Abacus Wealth Partners LLC increased its holdings in Texas Instruments by 16.4% during the 3rd quarter. Abacus Wealth Partners LLC now owns 2,174 shares of the semiconductor company’s stock valued at $449,000 after purchasing an additional 306 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Texas Instruments Price Performance

TXN stock opened at $184.61 on Friday. The stock has a market cap of $168.40 billion, a PE ratio of 35.57, a price-to-earnings-growth ratio of 2.87 and a beta of 0.98. The stock has a 50-day moving average price of $191.69 and a two-hundred day moving average price of $198.84. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period last year, the firm posted $1.49 EPS. Equities analysts forecast that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

Insider Activity at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

TXN has been the topic of several research analyst reports. Barclays decreased their target price on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Robert W. Baird decreased their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Morgan Stanley upped their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Susquehanna decreased their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 21st. Finally, Mizuho dropped their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and a consensus target price of $209.20.

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.