Eastern Bank Has $128,000 Stock Holdings in NXP Semiconductors N.V. $NXPI

Eastern Bank reduced its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI) by 63.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 585 shares of the semiconductor provider’s stock after selling 1,000 shares during the quarter. Eastern Bank’s holdings in NXP Semiconductors were worth $128,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of NXP Semiconductors by 20.6% in the fourth quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider’s stock worth $265,000 after acquiring an additional 218 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of NXP Semiconductors by 133.5% in the first quarter. Farther Finance Advisors LLC now owns 2,153 shares of the semiconductor provider’s stock worth $409,000 after acquiring an additional 1,231 shares during the last quarter. GAMMA Investing LLC grew its position in NXP Semiconductors by 41.2% in the 1st quarter. GAMMA Investing LLC now owns 3,072 shares of the semiconductor provider’s stock worth $584,000 after purchasing an additional 896 shares during the last quarter. Simon Quick Advisors LLC acquired a new stake in NXP Semiconductors in the 1st quarter worth $265,000. Finally, Fifth Third Bancorp grew its position in NXP Semiconductors by 10.4% in the 1st quarter. Fifth Third Bancorp now owns 18,377 shares of the semiconductor provider’s stock worth $3,493,000 after purchasing an additional 1,724 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.

Insider Buying and Selling

In other news, CFO William Betz sold 6,785 shares of the stock in a transaction on Monday, July 28th. The stock was sold at an average price of $227.34, for a total transaction of $1,542,501.90. Following the sale, the chief financial officer owned 1,520 shares in the company, valued at approximately $345,556.80. This represents a 81.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $216.21, for a total value of $216,210.00. Following the sale, the executive vice president owned 6,828 shares in the company, valued at $1,476,281.88. The trade was a 12.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,785 shares of company stock worth $2,197,852 in the last three months. Insiders own 0.12% of the company’s stock.

NXP Semiconductors Stock Performance

Shares of NASDAQ:NXPI opened at $205.37 on Monday. The business’s fifty day moving average price is $224.64 and its two-hundred day moving average price is $210.14. NXP Semiconductors N.V. has a fifty-two week low of $148.09 and a fifty-two week high of $256.62. The stock has a market capitalization of $51.78 billion, a price-to-earnings ratio of 24.48, a price-to-earnings-growth ratio of 2.33 and a beta of 1.44. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.74 and a quick ratio of 1.20.

NXP Semiconductors (NASDAQ:NXPI) last posted its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.06. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the prior year, the firm earned $3.20 EPS. The firm’s quarterly revenue was down 6.4% compared to the same quarter last year. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. As a group, analysts predict that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. lifted their target price on NXP Semiconductors from $205.00 to $240.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Needham & Company LLC upped their target price on NXP Semiconductors from $225.00 to $250.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Wells Fargo & Company boosted their price target on shares of NXP Semiconductors from $250.00 to $260.00 and gave the company an “overweight” rating in a report on Wednesday, July 23rd. KGI Securities raised shares of NXP Semiconductors to a “strong-buy” rating in a report on Wednesday, July 23rd. Finally, Susquehanna boosted their price target on shares of NXP Semiconductors from $195.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $257.06.

About NXP Semiconductors

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.