M&T Bank Corp Has $2.80 Million Stake in NXP Semiconductors N.V. $NXPI

M&T Bank Corp raised its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI) by 61.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 12,902 shares of the semiconductor provider’s stock after purchasing an additional 4,902 shares during the period. M&T Bank Corp’s holdings in NXP Semiconductors were worth $2,800,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in NXPI. JPL Wealth Management LLC acquired a new position in NXP Semiconductors during the 3rd quarter valued at about $26,000. CNB Bank acquired a new position in NXP Semiconductors during the 3rd quarter valued at about $28,000. Wexford Capital LP acquired a new position in NXP Semiconductors during the 3rd quarter valued at about $31,000. Kelleher Financial Advisors acquired a new position in NXP Semiconductors during the 3rd quarter valued at about $31,000. Finally, Community Bank N.A. bought a new position in shares of NXP Semiconductors during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 90.54% of the company’s stock.

NXP Semiconductors Price Performance

NXP Semiconductors stock opened at $290.33 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.24 and a debt-to-equity ratio of 1.00. The stock has a market cap of $73.30 billion, a P/E ratio of 27.78, a P/E/G ratio of 1.10 and a beta of 1.77. The company’s 50 day moving average price is $216.35 and its two-hundred day moving average price is $219.90. NXP Semiconductors N.V. has a 52 week low of $183.00 and a 52 week high of $303.91.

NXP Semiconductors (NASDAQ:NXPI) last posted its quarterly earnings results on Tuesday, April 28th. The semiconductor provider reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.98 by $0.07. The company had revenue of $3.18 billion for the quarter, compared to analysts’ expectations of $3.14 billion. NXP Semiconductors had a net margin of 21.03% and a return on equity of 26.75%. NXP Semiconductors’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.64 EPS. NXP Semiconductors has set its Q2 2026 guidance at 3.290-3.720 EPS. On average, equities analysts predict that NXP Semiconductors N.V. will post 13.32 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 9th. Investors of record on Wednesday, March 25th were paid a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Wednesday, March 25th. NXP Semiconductors’s payout ratio is currently 38.85%.

Wall Street Analysts Forecast Growth

NXPI has been the topic of several recent analyst reports. BNP Paribas Exane lifted their target price on shares of NXP Semiconductors from $270.00 to $310.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Cantor Fitzgerald lifted their target price on shares of NXP Semiconductors from $280.00 to $340.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. KeyCorp lifted their target price on shares of NXP Semiconductors from $300.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Wells Fargo & Company lifted their target price on shares of NXP Semiconductors from $235.00 to $265.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. Finally, Morgan Stanley lifted their target price on shares of NXP Semiconductors from $299.00 to $335.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $291.75.

Insider Activity at NXP Semiconductors

In other news, EVP Andrew Hardy sold 5,289 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $235.00, for a total transaction of $1,242,915.00. Following the completion of the transaction, the executive vice president directly owned 2,020 shares in the company, valued at $474,700. The trade was a 72.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 4,576 shares of the business’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $234.03, for a total transaction of $1,070,921.28. Following the transaction, the executive vice president owned 5,389 shares of the company’s stock, valued at $1,261,187.67. This trade represents a 45.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 10,865 shares of company stock worth $2,508,416. Corporate insiders own 0.12% of the company’s stock.

About NXP Semiconductors

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP’s offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.