Conning Inc. Sells 65 Shares of NXP Semiconductors N.V. $NXPI

Conning Inc. cut its stake in NXP Semiconductors N.V. (NASDAQ:NXPIFree Report) by 5.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,169 shares of the semiconductor provider’s stock after selling 65 shares during the period. Conning Inc.’s holdings in NXP Semiconductors were worth $255,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Brown Lisle Cummings Inc. grew its stake in NXP Semiconductors by 121.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider’s stock worth $33,000 after acquiring an additional 84 shares in the last quarter. Hemington Wealth Management grew its stake in NXP Semiconductors by 50.0% in the first quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider’s stock worth $33,000 after purchasing an additional 59 shares in the last quarter. Hilltop National Bank bought a new position in shares of NXP Semiconductors during the 2nd quarter worth $44,000. Valley National Advisers Inc. increased its stake in shares of NXP Semiconductors by 118.9% during the first quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider’s stock valued at $43,000 after buying an additional 126 shares during the period. Finally, Rossby Financial LCC purchased a new position in shares of NXP Semiconductors during the first quarter valued at $46,000. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Price Performance

Shares of NASDAQ NXPI opened at $205.37 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.20 and a current ratio of 1.74. The company has a market cap of $51.78 billion, a PE ratio of 24.48, a P/E/G ratio of 2.33 and a beta of 1.44. The business has a 50-day simple moving average of $224.64 and a two-hundred day simple moving average of $210.07. NXP Semiconductors N.V. has a fifty-two week low of $148.09 and a fifty-two week high of $256.62.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last released its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $0.06. The company had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.90 billion. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. NXP Semiconductors’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same period last year, the business earned $3.20 EPS. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. As a group, equities analysts expect that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th were paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Wednesday, September 17th. NXP Semiconductors’s payout ratio is presently 48.39%.

Insider Transactions at NXP Semiconductors

In other news, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction on Monday, September 15th. The shares were sold at an average price of $216.21, for a total transaction of $216,210.00. Following the completion of the sale, the executive vice president directly owned 6,828 shares in the company, valued at approximately $1,476,281.88. The trade was a 12.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO William Betz sold 6,785 shares of NXP Semiconductors stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $227.34, for a total value of $1,542,501.90. Following the sale, the chief financial officer directly owned 1,520 shares of the company’s stock, valued at approximately $345,556.80. This represents a 81.70% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,785 shares of company stock worth $2,197,852. Company insiders own 0.12% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on NXPI shares. KGI Securities upgraded shares of NXP Semiconductors to a “strong-buy” rating in a report on Wednesday, July 23rd. Needham & Company LLC increased their target price on NXP Semiconductors from $225.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, July 22nd. Susquehanna raised their price objective on NXP Semiconductors from $195.00 to $210.00 and gave the company a “neutral” rating in a research report on Wednesday, July 23rd. Citigroup raised their price objective on NXP Semiconductors from $210.00 to $275.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Finally, The Goldman Sachs Group initiated coverage on shares of NXP Semiconductors in a report on Thursday, July 10th. They issued a “buy” rating and a $276.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $257.06.

View Our Latest Stock Report on NXP Semiconductors

About NXP Semiconductors

(Free Report)

NXP Semiconductors N.V. offers various semiconductor products. The company's product portfolio includes microcontrollers; application processors, including i.MX application processors, and i.MX 8 and 9 family of applications processors; communication processors; wireless connectivity solutions, such as near field communications, ultra-wideband, Bluetooth low-energy, Zigbee, and Wi-Fi and Wi-Fi/Bluetooth integrated SoCs; analog and interface devices; radio frequency power amplifiers; and security controllers, as well as semiconductor-based environmental and inertial sensors, including pressure, inertial, magnetic, and gyroscopic sensors.

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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