Invera Wealth Advisors LLC acquired a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 6,149 shares of the semiconductor provider’s stock, valued at approximately $1,461,000.
A number of other large investors have also added to or reduced their stakes in NXPI. BlackRock Inc. bought a new stake in NXP Semiconductors in the second quarter worth about $6,716,412,000. Wellington Management Group LLP bought a new position in shares of NXP Semiconductors during the 2nd quarter valued at approximately $21,099,000. Bank of America Corp DE bought a new position in shares of NXP Semiconductors during the 2nd quarter valued at approximately $1,169,846,000. Van ECK Associates Corp bought a new position in shares of NXP Semiconductors during the 2nd quarter valued at approximately $1,167,458,000. Finally, Jupiter Topco LLC purchased a new stake in shares of NXP Semiconductors during the 2nd quarter worth approximately $742,385,000. Hedge funds and other institutional investors own 90.54% of the company’s stock.
Analyst Ratings Changes
A number of analysts have issued reports on the company. Sanford C. Bernstein reissued a “market perform” rating and issued a $290.00 target price (up from $270.00) on shares of NXP Semiconductors in a research report on Wednesday, July 29th. Wells Fargo & Company upped their price target on shares of NXP Semiconductors from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Wednesday. TD Cowen boosted their price objective on NXP Semiconductors from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $400.00 target price on shares of NXP Semiconductors in a report on Monday, October 26th. Finally, Oppenheimer boosted their price target on shares of NXP Semiconductors from $300.00 to $325.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Sixteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $295.78.
Get Our Latest Research Report on NXPI
More NXP Semiconductors News
Here are the key news stories impacting NXP Semiconductors this week:
- Positive Sentiment: NXP reported third-quarter adjusted EPS of $4.20 and revenue of $3.79 billion, exceeding consensus estimates. Revenue increased 19.3% year over year, supported by broad-based growth in automotive and industrial markets. The 5 most interesting analyst questions from NXP Semiconductors’s Q3 earnings call
- Positive Sentiment: Management highlighted double-digit growth across every geographic region and identified software-defined vehicles, industrial applications and data centers as longer-term growth drivers. Data-center revenue is expected to exceed $500 million in 2026, with potential to surpass $1 billion in coming years. NXPI Q3 deep dive
- Positive Sentiment: The company added $5 billion to its share-repurchase authorization, bringing total capacity to approximately $6.3 billion—roughly 9.5% of its market capitalization—and indicated that buybacks could accelerate beginning in the fourth quarter. 3 Tech Stocks Boosting Buyback Capacity
- Neutral Sentiment: Analyst views remain divided. Needham and Oppenheimer maintained bullish ratings, while Wells Fargo kept a Hold rating. Truist retained a Buy rating but lowered its target to $300 from $310, and Stifel also cut its target. Truist adjusts price target
- Negative Sentiment: Fourth-quarter revenue guidance of approximately $3.85 billion came in slightly below Wall Street expectations. That cautious outlook overshadowed the earnings beat and raised concerns about near-term automotive and industrial demand. NXP falls after strong earnings
- Negative Sentiment: Broader semiconductor weakness, including concerns about the sustainability of AI investment and auto-chip demand, is adding pressure to NXPI’s valuation despite its longer-term data-center opportunity. Auto chip demand fears
Insider Buying and Selling
In other news, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $226.04, for a total value of $226,040.00. Following the transaction, the executive vice president owned 7,942 shares of the company’s stock, valued at $1,795,209.68. This represents a 11.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher Jensen sold 3,355 shares of the firm’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $240.00, for a total transaction of $805,200.00. Following the sale, the executive vice president owned 288 shares in the company, valued at approximately $69,120. This trade represents a 92.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by insiders.
NXP Semiconductors Stock Down 2.4%
Shares of NASDAQ NXPI opened at $259.61 on Friday. NXP Semiconductors N.V. has a 12 month low of $183.00 and a 12 month high of $339.95. The company has a current ratio of 2.12, a quick ratio of 1.36 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $65.43 billion, a price-to-earnings ratio of 20.41, a PEG ratio of 0.88 and a beta of 1.80. The business has a 50-day moving average of $232.97 and a 200-day moving average of $246.09.
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The semiconductor provider reported $4.20 earnings per share for the quarter, topping the consensus estimate of $4.12 by $0.08. The company had revenue of $3.79 billion for the quarter, compared to analysts’ expectations of $3.76 billion. NXP Semiconductors had a net margin of 23.40% and a return on equity of 28.57%. NXP Semiconductors’s revenue for the quarter was up 19.3% compared to the same quarter last year. During the same period in the prior year, the business earned $3.11 earnings per share. Sell-side analysts expect that NXP Semiconductors N.V. will post 13.79 earnings per share for the current fiscal year.
NXP Semiconductors Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th were paid a $1.0140 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, September 16th. NXP Semiconductors’s payout ratio is currently 31.92%.
NXP Semiconductors declared that its Board of Directors has approved a share repurchase program on Tuesday, October 27th that allows the company to buy back $5 billion in outstanding shares. This repurchase authorization allows the semiconductor provider to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s leadership believes its shares are undervalued.
NXP Semiconductors Company Profile
NXP Semiconductors N.V. is a global semiconductor company that develops technologies for automotive, industrial, communications infrastructure, mobile, and Internet of Things applications. The company provides processing, connectivity, security, sensing, and power-management solutions that help enable connected and automated systems.
Its product portfolio includes microcontrollers and application processors, automotive networking and radar solutions, secure identification and authentication technologies, near-field communication products, radio-frequency power amplifiers, analog and mixed-signal devices, and wireless connectivity solutions.
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