Equitable Trust Co. Invests $1.67 Million in NXP Semiconductors N.V. $NXPI

Key Points

• Equitable Trust Co. has invested $1.67 million in NXP Semiconductors by acquiring 7,660 shares during the 2nd quarter.
• Several institutional investors, including TD Asset Management and Axxcess Wealth Management, significantly increased their stakes in NXP Semiconductors during the same period.
• Analysts are optimistic about NXP Semiconductors, with a consensus rating of "Moderate Buy" and an average price target of $257.06, indicating strong potential for growth.

Equitable Trust Co. purchased a new position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,660 shares of the semiconductor provider's stock, valued at approximately $1,674,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. TD Asset Management Inc raised its stake in shares of NXP Semiconductors by 15.0% during the 2nd quarter. TD Asset Management Inc now owns 403,352 shares of the semiconductor provider's stock worth $88,128,000 after buying an additional 52,743 shares during the last quarter. IFC Advisors LLC raised its stake in shares of NXP Semiconductors by 17.5% during the 2nd quarter. IFC Advisors LLC now owns 1,248 shares of the semiconductor provider's stock worth $273,000 after buying an additional 186 shares during the last quarter. Wilmington Savings Fund Society FSB raised its stake in shares of NXP Semiconductors by 7.7% during the 2nd quarter. Wilmington Savings Fund Society FSB now owns 6,372 shares of the semiconductor provider's stock worth $1,392,000 after buying an additional 453 shares during the last quarter. Morningstar Investment Management LLC acquired a new position in shares of NXP Semiconductors during the 2nd quarter worth $292,000. Finally, Axxcess Wealth Management LLC raised its stake in shares of NXP Semiconductors by 22.1% during the 2nd quarter. Axxcess Wealth Management LLC now owns 2,074 shares of the semiconductor provider's stock worth $453,000 after buying an additional 375 shares during the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. UBS Group lifted their price target on NXP Semiconductors from $250.00 to $276.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. Weiss Ratings reissued a "hold (c)" rating on shares of NXP Semiconductors in a research note on Wednesday, October 8th. Truist Financial boosted their target price on shares of NXP Semiconductors from $230.00 to $252.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. KeyCorp boosted their target price on shares of NXP Semiconductors from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Finally, Citigroup boosted their target price on shares of NXP Semiconductors from $210.00 to $275.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, NXP Semiconductors presently has a consensus rating of "Moderate Buy" and an average price target of $257.06.

NXP Semiconductors Stock Down 0.3%

NXPI opened at $216.11 on Wednesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.74 and a quick ratio of 1.20. The stock has a market capitalization of $54.49 billion, a price-to-earnings ratio of 25.76, a price-to-earnings-growth ratio of 2.45 and a beta of 1.44. The business has a 50-day moving average of $224.89 and a two-hundred day moving average of $210.37. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $256.62.

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

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th were issued a dividend of $1.014 per share. The ex-dividend date was Wednesday, September 17th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.9%. NXP Semiconductors's payout ratio is presently 48.39%.

Insider Transactions at NXP Semiconductors

In other news, President Rafael Sotomayor sold 2,000 shares of the business's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $219.57, for a total transaction of $439,140.00. Following the completion of the sale, the president owned 4,958 shares in the company, valued at approximately $1,088,628.06. The trade was a 28.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Andrew Micallef sold 1,000 shares of the business's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $216.21, for a total value of $216,210.00. Following the sale, the executive vice president owned 6,828 shares of the company's stock, valued at $1,476,281.88. The trade was a 12.77% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,785 shares of company stock worth $2,197,852. 0.12% of the stock is currently owned by company insiders.

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.

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