Soltis Investment Advisors LLC purchased a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,259 shares of the semiconductor provider’s stock, valued at approximately $537,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new stake in shares of NXP Semiconductors in the third quarter valued at approximately $1,126,000. Ieq Capital LLC purchased a new stake in shares of NXP Semiconductors during the 2nd quarter valued at approximately $1,208,000. BlackRock Inc. bought a new position in NXP Semiconductors in the 2nd quarter worth approximately $6,716,412,000. Private Wealth Partners LLC boosted its holdings in shares of NXP Semiconductors by 203.6% in the first quarter. Private Wealth Partners LLC now owns 10,652 shares of the semiconductor provider’s stock worth $2,097,000 after acquiring an additional 7,144 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new position in NXP Semiconductors in the 2nd quarter worth about $36,657,000. Institutional investors own 90.54% of the company’s stock.
NXP Semiconductors Price Performance
NXPI opened at $259.61 on Monday. The stock has a 50-day moving average price of $232.97 and a 200-day moving average price of $246.09. NXP Semiconductors N.V. has a 12-month low of $183.00 and a 12-month high of $339.95. The company has a current ratio of 2.12, a quick ratio of 1.47 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $65.43 billion, a P/E ratio of 20.41, a PEG ratio of 0.88 and a beta of 1.83.
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last announced its quarterly earnings data on Tuesday, October 27th. The semiconductor provider reported $4.20 EPS for the quarter, beating the consensus estimate of $4.12 by $0.08. The firm had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.76 billion. NXP Semiconductors had a return on equity of 28.57% and a net margin of 23.40%. The company’s revenue was up 19.3% on a year-over-year basis. During the same period in the prior year, the company earned $3.11 EPS. Equities analysts predict that NXP Semiconductors N.V. will post 13.79 earnings per share for the current fiscal year.
NXP Semiconductors Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th were paid a $1.0140 dividend. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.06 annualized dividend and a yield of 1.6%. NXP Semiconductors’s dividend payout ratio is currently 31.92%.
NXP Semiconductors announced that its board has authorized a stock repurchase program on Tuesday, October 27th that allows the company to repurchase $5 billion in shares. This repurchase authorization allows the semiconductor provider to repurchase shares of its stock through open market purchases. Share repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on the stock. Morgan Stanley reduced their price target on shares of NXP Semiconductors from $338.00 to $313.00 and set an “overweight” rating for the company in a research report on Wednesday. Jefferies Financial Group dropped their price target on NXP Semiconductors from $370.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday. Oppenheimer boosted their price objective on NXP Semiconductors from $300.00 to $325.00 and gave the stock an “outperform” rating in a report on Friday, July 24th. Wells Fargo & Company boosted their price objective on NXP Semiconductors from $235.00 to $245.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 28th. Finally, Susquehanna upped their price objective on shares of NXP Semiconductors from $210.00 to $250.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Sixteen analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $295.78.
Check Out Our Latest Research Report on NXPI
Trending Headlines about NXP Semiconductors
Here are the key news stories impacting NXP Semiconductors this week:
- Positive Sentiment: NXP reported third-quarter adjusted EPS of $4.20 and revenue of $3.79 billion, exceeding consensus estimates. Revenue increased 19.3% year over year, supported by broad-based growth in automotive and industrial markets. The 5 most interesting analyst questions from NXP Semiconductors’s Q3 earnings call
- Positive Sentiment: Management highlighted double-digit growth across every geographic region and identified software-defined vehicles, industrial applications and data centers as longer-term growth drivers. Data-center revenue is expected to exceed $500 million in 2026, with potential to surpass $1 billion in coming years. NXPI Q3 deep dive
- Positive Sentiment: The company added $5 billion to its share-repurchase authorization, bringing total capacity to approximately $6.3 billion—roughly 9.5% of its market capitalization—and indicated that buybacks could accelerate beginning in the fourth quarter. 3 Tech Stocks Boosting Buyback Capacity
- Neutral Sentiment: Analyst views remain divided. Needham and Oppenheimer maintained bullish ratings, while Wells Fargo kept a Hold rating. Truist retained a Buy rating but lowered its target to $300 from $310, and Stifel also cut its target. Truist adjusts price target
- Negative Sentiment: Fourth-quarter revenue guidance of approximately $3.85 billion came in slightly below Wall Street expectations. That cautious outlook overshadowed the earnings beat and raised concerns about near-term automotive and industrial demand. NXP falls after strong earnings
- Negative Sentiment: Broader semiconductor weakness, including concerns about the sustainability of AI investment and auto-chip demand, is adding pressure to NXPI’s valuation despite its longer-term data-center opportunity. Auto chip demand fears
Insider Buying and Selling
In other news, EVP Andrew Micallef sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $226.04, for a total value of $226,040.00. Following the completion of the sale, the executive vice president directly owned 7,942 shares in the company, valued at approximately $1,795,209.68. The trade was a 11.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 3,355 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $240.00, for a total transaction of $805,200.00. Following the completion of the sale, the executive vice president directly owned 288 shares of the company’s stock, valued at $69,120. This trade represents a 92.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.05% of the stock is owned by company insiders.
NXP Semiconductors Profile
NXP Semiconductors N.V. is a global semiconductor company that develops technologies for automotive, industrial, communications infrastructure, mobile, and Internet of Things applications. The company provides processing, connectivity, security, sensing, and power-management solutions that help enable connected and automated systems.
Its product portfolio includes microcontrollers and application processors, automotive networking and radar solutions, secure identification and authentication technologies, near-field communication products, radio-frequency power amplifiers, analog and mixed-signal devices, and wireless connectivity solutions.
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