KBC Group NV Has $16.32 Million Stock Position in NXP Semiconductors N.V. $NXPI

KBC Group NV raised its stake in NXP Semiconductors N.V. (NASDAQ:NXPIFree Report) by 25.7% in the 2nd quarter, HoldingsChannel reports. The fund owned 74,673 shares of the semiconductor provider’s stock after buying an additional 15,263 shares during the quarter. KBC Group NV’s holdings in NXP Semiconductors were worth $16,315,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Wellington Management Group LLP grew its stake in shares of NXP Semiconductors by 11.7% during the first quarter. Wellington Management Group LLP now owns 12,731,044 shares of the semiconductor provider’s stock valued at $2,419,662,000 after purchasing an additional 1,330,474 shares during the last quarter. Invesco Ltd. lifted its holdings in NXP Semiconductors by 8.2% during the 1st quarter. Invesco Ltd. now owns 4,693,126 shares of the semiconductor provider’s stock worth $891,975,000 after buying an additional 353,782 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in NXP Semiconductors by 10.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,519,132 shares of the semiconductor provider’s stock valued at $858,902,000 after buying an additional 432,838 shares during the last quarter. Ameriprise Financial Inc. increased its stake 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 valued at $647,387,000 after buying an additional 567,831 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in shares of NXP Semiconductors by 33.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,342,675 shares of the semiconductor provider’s stock worth $635,310,000 after acquiring an additional 839,113 shares during the last quarter. 90.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. KGI Securities upgraded NXP Semiconductors to a “strong-buy” rating in a report on Wednesday, July 23rd. Wells Fargo & Company upped their target price on shares of NXP Semiconductors from $250.00 to $260.00 and gave the company an “overweight” rating in a research report on Wednesday, July 23rd. TD Cowen reduced their target price on shares of NXP Semiconductors from $270.00 to $260.00 and set a “buy” rating on the stock in a research note on Friday, October 10th. Sanford C. Bernstein set a $220.00 price target on shares of NXP Semiconductors and gave the stock a “market perform” rating in a research note on Wednesday, October 29th. Finally, Truist Financial increased their price objective on shares of NXP Semiconductors from $252.00 to $254.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Two investment 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $252.47.

Read Our Latest Stock Analysis on NXP Semiconductors

Insider Activity at NXP Semiconductors

In related news, EVP Andrew Micallef sold 1,000 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $216.21, for a total value of $216,210.00. Following the completion of the transaction, the executive vice president directly owned 6,828 shares of the company’s stock, valued at approximately $1,476,281.88. This represents a 12.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Jennifer Wuamett sold 8,372 shares of the stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $207.01, for a total value of $1,733,087.72. Following the transaction, the executive vice president owned 19,175 shares of the company’s stock, valued at approximately $3,969,416.75. This trade represents a 30.39% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is owned by corporate insiders.

NXP Semiconductors Stock Performance

Shares of NXP Semiconductors stock opened at $201.22 on Friday. The stock’s fifty day simple moving average is $218.12 and its 200 day simple moving average is $215.95. 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 $50.64 billion, a PE ratio of 24.90, a PEG ratio of 2.53 and a beta of 1.48. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $255.45.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last announced its quarterly earnings results on Monday, October 27th. The semiconductor provider reported $3.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.12 by ($0.01). The business had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.15 billion. NXP Semiconductors had a return on equity of 26.92% and a net margin of 17.11%.The firm’s revenue was down 2.4% compared to the same quarter last year. During the same quarter 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, research analysts predict that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th were paid a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a $4.06 dividend on an annualized basis and a yield of 2.0%. NXP Semiconductors’s payout ratio is presently 50.12%.

About NXP Semiconductors

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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