PNC Financial Services Group Inc. Trims Stock Holdings in NXP Semiconductors N.V. $NXPI

PNC Financial Services Group Inc. lessened its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 5.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,419 shares of the semiconductor provider’s stock after selling 3,778 shares during the quarter. PNC Financial Services Group Inc.’s holdings in NXP Semiconductors were worth $15,604,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in NXPI. Vantage Investment Partners LLC raised its holdings in shares of NXP Semiconductors by 5.2% in the 2nd quarter. Vantage Investment Partners LLC now owns 34,193 shares of the semiconductor provider’s stock valued at $7,471,000 after buying an additional 1,675 shares during the period. CCLA Investment Management increased its stake in NXP Semiconductors by 6.5% during the second quarter. CCLA Investment Management now owns 545,580 shares of the semiconductor provider’s stock worth $119,121,000 after purchasing an additional 33,112 shares during the period. Freestone Capital Holdings LLC lifted its position in shares of NXP Semiconductors by 17.0% during the second quarter. Freestone Capital Holdings LLC now owns 16,861 shares of the semiconductor provider’s stock worth $3,684,000 after purchasing an additional 2,449 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of NXP Semiconductors by 15.8% in the first quarter. Integrated Wealth Concepts LLC now owns 9,336 shares of the semiconductor provider’s stock valued at $1,774,000 after purchasing an additional 1,274 shares during the period. Finally, ARGA Investment Management LP grew its holdings in shares of NXP Semiconductors by 602.8% in the second quarter. ARGA Investment Management LP now owns 283,677 shares of the semiconductor provider’s stock valued at $61,981,000 after purchasing an additional 243,316 shares in the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other NXP Semiconductors news, EVP Andrew Micallef sold 1,000 shares of NXP Semiconductors stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $216.21, for a total transaction 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 transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Jennifer Wuamett sold 8,372 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $207.01, for a total value of $1,733,087.72. Following the completion of the sale, 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. Company insiders own 0.12% of the company’s stock.

NXP Semiconductors Stock Down 2.0%

Shares of NASDAQ:NXPI opened at $197.10 on Friday. The firm has a 50 day simple moving average of $217.52 and a 200-day simple moving average of $215.95. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $255.45. The company has a current ratio of 2.37, a quick ratio of 1.20 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $49.60 billion, a PE ratio of 24.39, a P/E/G ratio of 2.53 and a beta of 1.47.

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

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th were issued a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, September 17th. NXP Semiconductors’s payout ratio is presently 50.12%.

Wall Street Analyst Weigh In

Several equities analysts have commented on NXPI shares. Stifel Nicolaus set a $215.00 price target on shares of NXP Semiconductors in a research note on Tuesday, October 28th. Weiss Ratings reissued a “hold (c)” rating on shares of NXP Semiconductors in a research note on Wednesday, October 8th. Sanford C. Bernstein set a $220.00 price target on NXP Semiconductors and gave the company a “market perform” rating in a research report on Wednesday, October 29th. JPMorgan Chase & Co. upped their target price on shares of NXP Semiconductors from $240.00 to $245.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $280.00 price target on shares of NXP Semiconductors in a research note on Tuesday, October 28th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average target price of $252.47.

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.