Mendel Money Management lessened its stake in NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) by 1.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,136 shares of the semiconductor provider’s stock after selling 272 shares during the quarter. NXP Semiconductors comprises approximately 1.9% of Mendel Money Management’s holdings, making the stock its 15th biggest holding. Mendel Money Management’s holdings in NXP Semiconductors were worth $4,400,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the stock. Wellington Management Group LLP raised its holdings in shares of NXP Semiconductors by 11.7% in the 1st quarter. Wellington Management Group LLP now owns 12,731,044 shares of the semiconductor provider’s stock worth $2,419,662,000 after purchasing an additional 1,330,474 shares during the period. Nuveen LLC purchased a new position in shares of NXP Semiconductors in the 1st quarter worth about $219,878,000. Price T Rowe Associates Inc. MD raised its holdings in shares of NXP Semiconductors by 33.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,342,675 shares of the semiconductor provider’s stock worth $635,310,000 after purchasing an additional 839,113 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of NXP Semiconductors by 20.0% in the 1st quarter. Ameriprise Financial Inc. now owns 3,404,587 shares of the semiconductor provider’s stock worth $647,387,000 after purchasing an additional 567,831 shares during the period. Finally, Van Lanschot Kempen Investment Management N.V. raised its holdings in shares of NXP Semiconductors by 44.7% in the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,730,255 shares of the semiconductor provider’s stock worth $328,852,000 after purchasing an additional 534,404 shares during the period. Institutional investors and hedge funds own 90.54% of the company’s stock.
Insider Transactions at NXP Semiconductors
In other news, President Rafael Sotomayor sold 2,000 shares of the firm’s stock in a transaction that occurred 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 sale, the president owned 4,958 shares of the company’s stock, valued at approximately $1,088,628.06. This trade represents a 28.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Andrew Micallef sold 1,000 shares of the firm’s 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 sale, the executive vice president directly owned 6,828 shares of the company’s stock, valued at $1,476,281.88. The trade was a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.12% of the stock is currently owned by insiders.
NXP Semiconductors Trading Down 3.9%
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) 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). NXP Semiconductors had a return on equity of 27.41% and a net margin of 17.11%.The business had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.15 billion. During the same period in the previous year, the firm posted $3.45 earnings per share. The firm’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. Equities research analysts predict that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.
NXP Semiconductors Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th were given a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Wednesday, September 17th. NXP Semiconductors’s payout ratio is presently 48.39%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the stock. Citigroup increased their price objective on shares of NXP Semiconductors from $210.00 to $275.00 and gave the stock a “buy” rating in a research report on Monday, July 7th. Barclays increased their price objective on shares of NXP Semiconductors from $190.00 to $220.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 22nd. Susquehanna increased their price objective on shares of NXP Semiconductors from $195.00 to $210.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Stifel Nicolaus set a $215.00 price objective on shares of NXP Semiconductors in a research report on Tuesday. Finally, KeyCorp upped their target price on NXP Semiconductors from $240.00 to $275.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 8th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, NXP Semiconductors presently has a consensus rating of “Moderate Buy” and an average price target of $259.00.
Get Our Latest Stock Report on NXPI
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.
Read More
- Five stocks we like better than NXP Semiconductors
- How to Invest in Insurance Companies: A GuideĀ
- The Drone Arms Race: From Battlefield to Balance Sheet
- 3 Monster Growth Stocks to Buy Now
- Why Wall Street Is Backing These 3 Comeback Stocks
- Stock Analyst Ratings and Canadian Analyst Ratings
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report).
Receive News & Ratings for NXP Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NXP Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.
