Canada Pension Plan Investment Board Purchases 66,579 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• The Canada Pension Plan Investment Board increased its stake in NXP Semiconductors by 14.6%, acquiring 66,579 additional shares for a total of 521,418 shares valued at approximately $99.1 million.
• Analysts have a generally positive outlook on NXP Semiconductors, with a consensus rating of "Moderate Buy" and a target price of $256.05, reflecting recent upgrades from several research firms.
• NXP Semiconductors announced a quarterly dividend of $1.014 per share, with a payout ratio of 48.39%, set to be paid on October 8th.

Canada Pension Plan Investment Board grew its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 14.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 521,418 shares of the semiconductor provider's stock after purchasing an additional 66,579 shares during the quarter. Canada Pension Plan Investment Board owned 0.21% of NXP Semiconductors worth $99,101,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Fox Run Management L.L.C. grew its holdings in shares of NXP Semiconductors by 3.3% in the 1st quarter. Fox Run Management L.L.C. now owns 1,669 shares of the semiconductor provider's stock worth $317,000 after acquiring an additional 54 shares during the last quarter. AlphaCore Capital LLC grew its holdings in shares of NXP Semiconductors by 3.5% in the 1st quarter. AlphaCore Capital LLC now owns 1,635 shares of the semiconductor provider's stock worth $312,000 after acquiring an additional 55 shares during the last quarter. TFB Advisors LLC grew its holdings in shares of NXP Semiconductors by 4.9% in the 1st quarter. TFB Advisors LLC now owns 1,203 shares of the semiconductor provider's stock worth $229,000 after acquiring an additional 56 shares during the last quarter. Manchester Capital Management LLC grew its holdings in shares of NXP Semiconductors by 14.7% in the 1st quarter. Manchester Capital Management LLC now owns 446 shares of the semiconductor provider's stock worth $85,000 after acquiring an additional 57 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in shares of NXP Semiconductors by 0.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 21,810 shares of the semiconductor provider's stock worth $4,145,000 after acquiring an additional 58 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Jennifer Wuamett sold 9,132 shares of the business's stock in a transaction dated 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 completion of the transaction, the executive vice president owned 27,088 shares of the company's stock, valued at approximately $6,230,240. The trade was a 25.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO William Betz sold 6,785 shares of the business's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $227.34, for a total value of $1,542,501.90. Following the transaction, the chief financial officer directly owned 1,520 shares of the company's stock, valued at $345,556.80. This represents a 81.70% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 17,917 shares of company stock valued at $4,082,002. Insiders own 0.12% of the company's stock.

NXP Semiconductors Stock Down 1.8%

Shares of NASDAQ:NXPI traded down $4.22 on Monday, reaching $234.85. The company had a trading volume of 2,250,744 shares, compared to its average volume of 2,581,064. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $257.61. The stock has a 50-day moving average price of $224.56 and a 200 day moving average price of $208.47. The stock has a market capitalization of $59.21 billion, a P/E ratio of 27.99, a P/E/G ratio of 2.66 and a beta of 1.43. The company has a quick ratio of 1.20, a current ratio of 1.74 and a debt-to-equity ratio of 0.99.

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

NXP Semiconductors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Wednesday, September 17th will be given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, September 17th. NXP Semiconductors's payout ratio is currently 48.39%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Cantor Fitzgerald restated an "overweight" rating and issued a $250.00 target price on shares of NXP Semiconductors in a report on Tuesday, July 22nd. Stifel Nicolaus lifted their target price on NXP Semiconductors from $170.00 to $210.00 and gave the stock a "hold" rating in a report on Friday, July 18th. JPMorgan Chase & Co. raised their target price on NXP Semiconductors from $205.00 to $240.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. KeyCorp raised their target price on NXP Semiconductors from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Finally, Evercore ISI reaffirmed an "outperform" rating and issued a $289.00 target price (up previously from $237.00) on shares of NXP Semiconductors in a research report on Thursday, June 12th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, NXP Semiconductors currently has a consensus rating of "Moderate Buy" and a consensus target price of $256.05.

NXP Semiconductors Profile

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.