CIBC Bancorp USA Inc. purchased a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 44,032 shares of the semiconductor provider’s stock, valued at approximately $10,027,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in NXPI. Captrust Financial Advisors lifted its holdings in shares of NXP Semiconductors by 0.4% in the 3rd quarter. Captrust Financial Advisors now owns 22,509 shares of the semiconductor provider’s stock valued at $5,126,000 after purchasing an additional 82 shares during the last quarter. Danske Bank A S purchased a new position in NXP Semiconductors during the 3rd quarter worth approximately $24,155,000. Stance Capital LLC acquired a new position in NXP Semiconductors during the third quarter worth approximately $41,000. Hancock Whitney Corp increased its position in NXP Semiconductors by 5.4% during the third quarter. Hancock Whitney Corp now owns 8,513 shares of the semiconductor provider’s stock worth $1,939,000 after buying an additional 436 shares during the period. Finally, Morningstar Investment Management LLC lifted its stake in NXP Semiconductors by 2,439.7% in the third quarter. Morningstar Investment Management LLC now owns 33,905 shares of the semiconductor provider’s stock valued at $7,721,000 after buying an additional 32,570 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company’s stock.
Insider Activity
In other news, EVP Andrew Micallef sold 1,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $194.58, for a total transaction of $194,580.00. Following the completion of the transaction, the executive vice president owned 9,942 shares of the company’s stock, valued at $1,934,514.36. This represents a 9.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Jennifer Wuamett sold 12,425 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $220.94, for a total transaction of $2,745,179.50. Following the transaction, the executive vice president owned 11,811 shares in the company, valued at approximately $2,609,522.34. The trade was a 51.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.12% of the company’s stock.
NXP Semiconductors Stock Down 0.5%
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last issued its quarterly earnings results on Monday, February 2nd. The semiconductor provider reported $3.35 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.04. NXP Semiconductors had a return on equity of 26.72% and a net margin of 16.47%.The company had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.30 billion. During the same period in the previous year, the firm posted $3.18 EPS. NXP Semiconductors’s revenue was up 7.2% on a year-over-year basis. NXP Semiconductors has set its Q1 2026 guidance at 2.770-3.170 EPS. As a group, sell-side analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.
NXP Semiconductors Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Wednesday, March 25th will be given a dividend of $1.014 per share. The ex-dividend date is Wednesday, March 25th. This represents a $4.06 annualized dividend and a yield of 2.1%. NXP Semiconductors’s dividend payout ratio is 51.13%.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on NXPI shares. JPMorgan Chase & Co. raised their target price on shares of NXP Semiconductors from $245.00 to $250.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Morgan Stanley reiterated an “overweight” rating on shares of NXP Semiconductors in a research report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of NXP Semiconductors in a research note on Thursday, January 22nd. Evercore cut their price target on shares of NXP Semiconductors from $292.00 to $260.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Finally, Citigroup reduced their price objective on shares of NXP Semiconductors from $285.00 to $255.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $253.67.
Read Our Latest Stock Analysis on NXP Semiconductors
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.
See Also
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