Hartford Funds Management Co LLC Decreases Stock Holdings in NXP Semiconductors N.V. $NXPI

Hartford Funds Management Co LLC lessened its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) by 90.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 462 shares of the semiconductor provider’s stock after selling 4,259 shares during the period. Hartford Funds Management Co LLC’s holdings in NXP Semiconductors were worth $101,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of NXPI. Wellington Management Group LLP grew its holdings 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 during the period. Nuveen LLC purchased a new position in NXP Semiconductors in the first quarter worth about $219,878,000. Price T Rowe Associates Inc. MD grew its stake 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 valued at $635,310,000 after purchasing an additional 839,113 shares during the period. Ameriprise Financial Inc. increased its position 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 valued at $647,387,000 after purchasing an additional 567,831 shares during the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. increased its position in shares of 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 valued at $328,852,000 after purchasing an additional 534,404 shares during the last quarter. 90.54% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, President Rafael Sotomayor sold 2,000 shares of the company’s 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jennifer Wuamett sold 8,372 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $207.01, for a total transaction of $1,733,087.72. Following the transaction, the executive vice president directly owned 19,175 shares of the company’s stock, valued at $3,969,416.75. The trade was a 30.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 11,372 shares of company stock worth $2,388,438 in the last three months. 0.12% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. 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 report on Friday, October 10th. Susquehanna lifted their price target on shares of NXP Semiconductors from $195.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Needham & Company LLC upped their price objective on NXP Semiconductors from $225.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. JPMorgan Chase & Co. raised their target price on NXP Semiconductors from $240.00 to $245.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Finally, Sanford C. Bernstein set a $220.00 price target on NXP Semiconductors and gave the company a “market perform” rating in a report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $255.11.

NXP Semiconductors Trading Down 0.9%

Shares of NXP Semiconductors stock opened at $204.56 on Monday. NXP Semiconductors N.V. has a fifty-two week low of $148.09 and a fifty-two week high of $255.45. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.20 and a current ratio of 2.37. The company has a market capitalization of $51.48 billion, a P/E ratio of 25.32, a P/E/G ratio of 2.53 and a beta of 1.47. The company has a fifty day moving average of $220.27 and a 200 day moving average of $215.99.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Monday, October 27th. The semiconductor provider reported $3.11 EPS for the quarter, missing analysts’ consensus estimates of $3.12 by ($0.01). The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.15 billion. NXP Semiconductors had a net margin of 17.11% and a return on equity of 26.92%. NXP Semiconductors’s revenue was down 2.4% compared to the same quarter last year. During the same period in the prior year, the business earned $3.45 earnings per share. NXP Semiconductors has set its Q4 2025 guidance at 3.070-3.490 EPS. On average, sell-side analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Wednesday, September 17th were issued a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a $4.06 dividend on an annualized basis and a yield of 2.0%. NXP Semiconductors’s payout ratio is currently 50.12%.

NXP Semiconductors 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.