Bahl & Gaynor Inc. Has $452,000 Stake in NXP Semiconductors N.V. $NXPI

Key Points

• Bahl & Gaynor Inc. sold 4,121 shares of NXP Semiconductors, reducing its stake by 63.4%, leaving them with 2,377 shares valued at approximately $452,000.
• NXP Semiconductors reported earnings per share (EPS) of $2.72 for the last quarter, exceeding estimates, but revenue decreased by 6.4% compared to the previous year.
• The company announced a quarterly dividend of $1.014, representing an annual yield of 1.7%, with a payout ratio of 48.39%.

Bahl & Gaynor Inc. reduced its stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 63.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,377 shares of the semiconductor provider's stock after selling 4,121 shares during the quarter. Bahl & Gaynor Inc.'s holdings in NXP Semiconductors were worth $452,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of NXPI. Hemington Wealth Management lifted its holdings in NXP Semiconductors by 50.0% during the 1st quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider's stock worth $33,000 after buying an additional 59 shares in the last quarter. Valley National Advisers Inc. lifted its holdings in NXP Semiconductors by 118.9% during the 1st quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider's stock worth $43,000 after buying an additional 126 shares in the last quarter. Ameriflex Group Inc. acquired a new position in NXP Semiconductors during the 4th quarter worth $44,000. Rossby Financial LCC acquired a new position in NXP Semiconductors during the 1st quarter worth $46,000. Finally, GoalVest Advisory LLC lifted its holdings in NXP Semiconductors by 472.9% during the 1st quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider's stock worth $52,000 after buying an additional 227 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on NXPI shares. Evercore ISI reaffirmed an "outperform" rating and set a $289.00 price objective (up previously from $237.00) on shares of NXP Semiconductors in a report on Thursday, June 12th. KeyCorp upped their price objective on NXP Semiconductors from $240.00 to $275.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Barclays raised their price objective on shares of NXP Semiconductors from $190.00 to $220.00 and gave the company an "overweight" rating in a research note on Tuesday, July 22nd. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $250.00 price objective on shares of NXP Semiconductors in a research note on Tuesday, July 22nd. Finally, UBS Group raised their price objective on shares of NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, NXP Semiconductors presently has a consensus rating of "Moderate Buy" and an average price target of $256.05.

Insider Transactions at NXP Semiconductors

In other news, President Rafael Sotomayor sold 2,000 shares of NXP Semiconductors stock in a transaction 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 transaction, the president directly owned 4,958 shares of the company's stock, valued at $1,088,628.06. This trade represents a 28.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Jennifer Wuamett sold 9,132 shares of NXP Semiconductors stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the transaction, the executive vice president directly owned 27,088 shares in the company, valued at approximately $6,230,240. This represents a 25.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,917 shares of company stock valued at $4,082,002 over the last three months. 0.12% of the stock is currently owned by corporate insiders.

NXP Semiconductors Trading Down 0.1%

NXPI stock traded down $0.15 during midday trading on Wednesday, reaching $237.67. The company's stock had a trading volume of 1,053,965 shares, compared to its average volume of 2,703,720. NXP Semiconductors N.V. has a 52 week low of $148.09 and a 52 week high of $257.61. The stock has a market cap of $59.92 billion, a PE ratio of 28.33, a price-to-earnings-growth ratio of 2.70 and a beta of 1.41. The company has a quick ratio of 1.20, a current ratio of 1.74 and a debt-to-equity ratio of 0.99. The business's 50-day simple moving average is $223.01 and its 200-day simple moving average is $208.19.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, topping analysts' consensus estimates of $2.66 by $0.06. The company had revenue of $2.93 billion for the quarter, compared to analysts' expectations of $2.90 billion. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The business's quarterly revenue was down 6.4% compared to the same quarter last year. During the same period last year, the firm posted $3.20 earnings per share. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. As a group, sell-side analysts expect that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Wednesday, June 25th were given a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, June 25th. NXP Semiconductors's dividend payout ratio (DPR) is currently 48.39%.

About NXP Semiconductors

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.