US Bancorp DE Purchases 2,421 Shares of NXP Semiconductors N.V. $NXPI

US Bancorp DE lifted its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPIFree Report) by 9.3% in the second quarter, HoldingsChannel.com reports. The fund owned 28,324 shares of the semiconductor provider’s stock after buying an additional 2,421 shares during the period. US Bancorp DE’s holdings in NXP Semiconductors were worth $6,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in NXPI. Wellington Management Group LLP lifted its holdings in shares of NXP Semiconductors by 11.7% during the 1st quarter. Wellington Management Group LLP now owns 12,731,044 shares of the semiconductor provider’s stock worth $2,419,662,000 after acquiring an additional 1,330,474 shares during the period. Nuveen LLC bought a new stake in shares of NXP Semiconductors during the 1st quarter worth approximately $219,878,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of NXP Semiconductors by 33.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,342,675 shares of the semiconductor provider’s stock worth $635,310,000 after acquiring an additional 839,113 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of NXP Semiconductors by 20.0% during the 1st quarter. Ameriprise Financial Inc. now owns 3,404,587 shares of the semiconductor provider’s stock worth $647,387,000 after acquiring an additional 567,831 shares during the period. Finally, Van Lanschot Kempen Investment Management N.V. increased its position in NXP Semiconductors by 44.7% during the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,730,255 shares of the semiconductor provider’s stock worth $328,852,000 after purchasing an additional 534,404 shares in the last quarter. Institutional investors own 90.54% of the company’s stock.

Insider Buying and Selling at NXP Semiconductors

In other news, President Rafael Sotomayor sold 2,000 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $219.57, for a total transaction of $439,140.00. Following the completion of the sale, the president directly owned 4,958 shares in the company, valued at $1,088,628.06. This represents a 28.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 of the company’s stock, valued at approximately $345,556.80. This trade represents a 81.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,785 shares of company stock worth $2,197,852. 0.12% of the stock is currently owned by company insiders.

NXP Semiconductors Trading Down 7.2%

Shares of NASDAQ NXPI opened at $205.37 on Monday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.20 and a current ratio of 1.74. NXP Semiconductors N.V. has a 52-week low of $148.09 and a 52-week high of $256.62. The firm has a 50 day moving average price of $224.64 and a two-hundred day moving average price of $210.14. The stock has a market cap of $51.78 billion, a P/E ratio of 24.48, a price-to-earnings-growth ratio of 2.33 and a beta of 1.44.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last announced its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.90 billion. During the same period in the prior year, the company posted $3.20 EPS. The company’s revenue was down 6.4% on a year-over-year basis. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. As a group, equities analysts forecast that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms recently issued reports on NXPI. Weiss Ratings reiterated a “hold (c)” rating on shares of NXP Semiconductors in a research report on Wednesday, October 8th. Truist Financial upped their price objective on shares of NXP Semiconductors from $230.00 to $252.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. The Goldman Sachs Group began coverage on shares of NXP Semiconductors in a research report on Thursday, July 10th. They set a “buy” rating and a $276.00 price objective for the company. JPMorgan Chase & Co. upped their price objective on shares of NXP Semiconductors from $205.00 to $240.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Finally, Barclays upped their price objective on shares of NXP Semiconductors from $190.00 to $220.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and a consensus price target of $257.06.

Check Out Our Latest 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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