Tredje AP fonden lessened its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) by 7.2% in the second quarter, HoldingsChannel.com reports. The firm owned 228,354 shares of the semiconductor provider’s stock after selling 17,752 shares during the quarter. Tredje AP fonden’s holdings in NXP Semiconductors were worth $49,893,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in NXPI. Wellington Management Group LLP boosted its stake in shares of NXP Semiconductors by 11.7% during the first quarter. Wellington Management Group LLP now owns 12,731,044 shares of the semiconductor provider’s stock valued at $2,419,662,000 after purchasing an additional 1,330,474 shares during the period. Nuveen LLC purchased a new stake in shares of NXP Semiconductors during the first quarter valued at approximately $219,878,000. Price T Rowe Associates Inc. MD boosted its stake in shares of NXP Semiconductors by 33.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,342,675 shares of the semiconductor provider’s stock valued at $635,310,000 after purchasing an additional 839,113 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of NXP Semiconductors by 20.0% during 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. Finally, Van Lanschot Kempen Investment Management N.V. boosted its stake in shares of NXP Semiconductors by 44.7% during the first quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,730,255 shares of the semiconductor provider’s stock valued at $328,852,000 after purchasing an additional 534,404 shares during the period. Hedge funds and other institutional investors own 90.54% of the company’s stock.
Insiders Place Their Bets
In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $219.57, for a total value of $439,140.00. Following the completion of the transaction, the president owned 4,958 shares in the company, valued at approximately $1,088,628.06. This represents a 28.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Andrew Micallef sold 1,000 shares of the firm’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $216.21, for a total value 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. The trade was a 12.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.12% of the stock is currently owned by corporate insiders.
NXP Semiconductors Price Performance
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last posted its quarterly earnings data on Monday, October 27th. The semiconductor provider reported $3.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.12 by ($0.01). The firm had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.15 billion. NXP Semiconductors had a return on equity of 26.92% and a net margin of 17.11%.NXP Semiconductors’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter last year, the company posted $3.45 EPS. NXP Semiconductors has set its Q4 2025 guidance at 3.070-3.490 EPS. Research analysts predict that NXP Semiconductors N.V. will post 10.28 earnings per share 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 issued a $1.014 dividend. The ex-dividend date was Wednesday, September 17th. This represents a $4.06 dividend on an annualized basis and a yield of 1.9%. NXP Semiconductors’s dividend payout ratio is 50.25%.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the company. KeyCorp increased their price objective on NXP Semiconductors from $240.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, July 8th. Stifel Nicolaus set a $215.00 target price on NXP Semiconductors in a report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of NXP Semiconductors in a report on Wednesday, October 8th. JPMorgan Chase & Co. upped their target price on NXP Semiconductors from $240.00 to $245.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $280.00 target price on shares of NXP Semiconductors in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $257.47.
Check Out Our Latest Stock Report on NXP Semiconductors
NXP Semiconductors Company Profile
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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