EFG Asset Management North America Corp. Purchases 3,996 Shares of NXP Semiconductors N.V. $NXPI

EFG Asset Management North America Corp. raised its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI) by 40.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 13,771 shares of the semiconductor provider’s stock after buying an additional 3,996 shares during the period. EFG Asset Management North America Corp.’s holdings in NXP Semiconductors were worth $3,008,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Brown Lisle Cummings Inc. lifted its stake in NXP Semiconductors by 121.7% in the second quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider’s stock worth $33,000 after acquiring an additional 84 shares during the period. Hemington Wealth Management boosted its stake in NXP Semiconductors by 50.0% in the 1st quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider’s stock worth $33,000 after purchasing an additional 59 shares in the last quarter. Hilltop National Bank acquired a new position in shares of NXP Semiconductors in the 2nd quarter valued at $44,000. NewSquare Capital LLC increased its holdings in shares of NXP Semiconductors by 89.3% in the second quarter. NewSquare Capital LLC now owns 248 shares of the semiconductor provider’s stock valued at $54,000 after purchasing an additional 117 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new stake in NXP Semiconductors during the 1st quarter valued at approximately $54,000. Institutional investors own 90.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on NXPI shares. KeyCorp upped their price objective on NXP Semiconductors from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 8th. Truist Financial lifted their price target on NXP Semiconductors from $252.00 to $254.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Barclays upped their price objective on shares of NXP Semiconductors from $190.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, July 22nd. Evercore ISI raised their target price on NXP Semiconductors from $289.00 to $292.00 in a research note on Wednesday, October 29th. Finally, JPMorgan Chase & Co. lifted their price target on shares of NXP Semiconductors from $240.00 to $245.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $257.47.

Insider Transactions at NXP Semiconductors

In other news, President Rafael Sotomayor sold 2,000 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $219.57, for a total transaction of $439,140.00. Following the sale, the president owned 4,958 shares in the company, valued at $1,088,628.06. This trade 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 is available through this link. Also, EVP Andrew Micallef sold 1,000 shares of the company’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $216.21, for a total value of $216,210.00. Following the sale, the executive vice president owned 6,828 shares of the company’s stock, valued at approximately $1,476,281.88. The trade was a 12.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.12% of the company’s stock.

NXP Semiconductors Stock Down 2.8%

Shares of NASDAQ NXPI opened at $204.42 on Wednesday. The business has a 50-day moving average of $222.08 and a two-hundred day moving average of $215.32. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $255.45. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.37 and a quick ratio of 1.20. The company has a market capitalization of $51.45 billion, a price-to-earnings ratio of 25.30, a price-to-earnings-growth ratio of 2.53 and a beta of 1.44.

NXP Semiconductors (NASDAQ:NXPI) last announced its earnings results 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 analyst estimates of $3.15 billion. NXP Semiconductors had a net margin of 17.11% and a return on equity of 26.92%. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period last year, the company earned $3.45 earnings per share. NXP Semiconductors has set its Q4 2025 guidance at 3.070-3.490 EPS. On average, analysts forecast that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently announced 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 of this dividend was Wednesday, September 17th. This represents a $4.06 annualized dividend and a yield of 2.0%. NXP Semiconductors’s dividend payout ratio is 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.