Bridges Investment Management Inc. lifted its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) by 49.7% in the second quarter, Holdings Channel reports. The firm owned 1,970 shares of the semiconductor provider’s stock after purchasing an additional 654 shares during the period. Bridges Investment Management Inc.’s holdings in NXP Semiconductors were worth $430,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of NXPI. Wellington Management Group LLP increased its position in shares of NXP Semiconductors by 11.7% in the first 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 in the last quarter. Massachusetts Financial Services Co. MA boosted its position in NXP Semiconductors by 1.1% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 8,134,050 shares of the semiconductor provider’s stock worth $1,545,958,000 after purchasing an additional 87,820 shares during the period. Invesco Ltd. boosted its position in NXP Semiconductors by 8.2% during the 1st quarter. Invesco Ltd. now owns 4,693,126 shares of the semiconductor provider’s stock worth $891,975,000 after purchasing an additional 353,782 shares during the period. Pictet Asset Management Holding SA increased its holdings in NXP Semiconductors by 10.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,519,132 shares of the semiconductor provider’s stock valued at $858,902,000 after purchasing an additional 432,838 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in NXP Semiconductors by 20.0% in the first quarter. Ameriprise Financial Inc. now owns 3,404,587 shares of the semiconductor provider’s stock valued at $647,387,000 after purchasing an additional 567,831 shares during the period. Hedge funds and other institutional investors own 90.54% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the company. Needham & Company LLC upped their target price on NXP Semiconductors from $225.00 to $250.00 and gave the stock a “buy” rating in a research report on Tuesday, July 22nd. Barclays upped their price target on NXP Semiconductors from $190.00 to $220.00 and gave the stock an “overweight” rating in a report on Tuesday, July 22nd. TD Cowen dropped their price objective on shares of NXP Semiconductors from $270.00 to $260.00 and set a “buy” rating on the stock in a research note on Friday, October 10th. Weiss Ratings reissued a “hold (c)” rating on shares of NXP Semiconductors in a research report on Wednesday, October 8th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $250.00 price target on shares of NXP Semiconductors in a report on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $257.06.
NXP Semiconductors Stock Performance
NXP Semiconductors stock opened at $214.35 on Friday. NXP Semiconductors N.V. has a 52 week low of $148.09 and a 52 week high of $256.62. The company has a current ratio of 1.74, a quick ratio of 1.20 and a debt-to-equity ratio of 0.99. The stock has a market cap of $54.04 billion, a P/E ratio of 25.55, a price-to-earnings-growth ratio of 2.46 and a beta of 1.44. The stock has a 50 day moving average of $225.49 and a 200-day moving average of $210.77.
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the previous year, the firm earned $3.20 earnings per share. The business’s 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. On average, analysts expect that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.
NXP Semiconductors Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a $4.06 annualized dividend and a dividend yield of 1.9%. NXP Semiconductors’s dividend payout ratio (DPR) is presently 48.39%.
Insider Buying and Selling
In other NXP Semiconductors news, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $216.21, for a total transaction of $216,210.00. Following the transaction, the executive vice president owned 6,828 shares of the company’s stock, valued at $1,476,281.88. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO William Betz sold 6,785 shares of the business’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $227.34, for a total value of $1,542,501.90. Following the completion of the sale, the chief financial officer owned 1,520 shares of the company’s stock, valued at $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. Over the last three months, insiders sold 9,785 shares of company stock worth $2,197,852. Corporate insiders own 0.12% of the company’s stock.
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.
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