Meiji Yasuda Asset Management Co Ltd. cut its stake in NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) by 2.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,105 shares of the semiconductor provider’s stock after selling 85 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in NXP Semiconductors were worth $780,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of NXPI. Brighton Jones LLC boosted its holdings in NXP Semiconductors by 20.6% during the fourth quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider’s stock worth $265,000 after buying an additional 218 shares in the last quarter. Jefferies Financial Group Inc. raised its position in shares of NXP Semiconductors by 26,011.1% in the fourth quarter. Jefferies Financial Group Inc. now owns 4,700 shares of the semiconductor provider’s stock worth $977,000 after acquiring an additional 4,682 shares during the period. Nuveen Asset Management LLC boosted its stake in shares of NXP Semiconductors by 3.4% during the 4th quarter. Nuveen Asset Management LLC now owns 1,166,727 shares of the semiconductor provider’s stock worth $242,504,000 after acquiring an additional 38,138 shares in the last quarter. NorthRock Partners LLC acquired a new stake in shares of NXP Semiconductors during the 4th quarter valued at about $305,000. Finally, Nearwater Capital Markets Ltd purchased a new position in shares of NXP Semiconductors in the 4th quarter valued at about $10,392,000. Hedge funds and other institutional investors own 90.54% of the company’s stock.
Insider Transactions at NXP Semiconductors
In related news, EVP Jennifer Wuamett sold 9,132 shares of NXP Semiconductors stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the transaction, the executive vice president owned 27,088 shares in the company, valued at approximately $6,230,240. This trade represents a 25.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Rafael Sotomayor sold 2,000 shares of the business’s 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 transaction, the president directly owned 4,958 shares in the company, valued at $1,088,628.06. This trade represents a 28.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 17,917 shares of company stock worth $4,082,002 in the last ninety days. Insiders own 0.12% of the company’s stock.
NXP Semiconductors Trading Down 2.0%
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last issued its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.66 by $0.06. The business had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.90 billion. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The company’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same period in the prior year, the business earned $3.20 earnings per share. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Research analysts expect that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.
NXP Semiconductors Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th will be paid a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Wednesday, September 17th. NXP Semiconductors’s dividend payout ratio (DPR) is 48.39%.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Truist Financial increased their price target on NXP Semiconductors from $230.00 to $252.00 and gave the stock a “buy” rating in a research report on Wednesday, July 23rd. 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 note on Tuesday, July 22nd. KGI Securities raised shares of NXP Semiconductors to a “strong-buy” rating in a research note on Wednesday, July 23rd. UBS Group boosted their price target on shares of NXP Semiconductors from $250.00 to $276.00 and gave the stock a “buy” rating in a report on Wednesday, July 2nd. Finally, Evercore ISI reaffirmed an “outperform” rating and set a $289.00 price objective (up from $237.00) on shares of NXP Semiconductors in a report on Thursday, June 12th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $256.05.
Get Our Latest Research Report on NXP Semiconductors
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.
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