Federation des caisses Desjardins du Quebec Buys 2,493 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• The Federation des caisses Desjardins du Quebec increased its position in NXP Semiconductors N.V. by 23.3%, holding a total of 13,215 shares worth $2.51 million as of the latest report.
• NXP Semiconductors reported earnings of $2.72 EPS in the last quarter, surpassing estimates, while its revenue of $2.93 billion also exceeded expectations, despite a 6.4% year-over-year decline.
• Several analysts have recently raised their target prices for NXP Semiconductors, with Citigroup setting a new target at $275.00, indicating a growing optimism about the company's potential.

Federation des caisses Desjardins du Quebec boosted its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 23.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,215 shares of the semiconductor provider's stock after purchasing an additional 2,493 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in NXP Semiconductors were worth $2,512,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Paloma Partners Management Co acquired a new position in NXP Semiconductors in the first quarter worth $7,840,000. Focus Partners Advisor Solutions LLC acquired a new position in NXP Semiconductors in the first quarter worth $272,000. Royal Bank of Canada boosted its holdings in NXP Semiconductors by 22.4% in the first quarter. Royal Bank of Canada now owns 1,711,492 shares of the semiconductor provider's stock worth $325,286,000 after purchasing an additional 313,069 shares during the period. Baird Financial Group Inc. boosted its holdings in NXP Semiconductors by 0.8% in the first quarter. Baird Financial Group Inc. now owns 20,242 shares of the semiconductor provider's stock worth $3,847,000 after purchasing an additional 160 shares during the period. Finally, Vident Advisory LLC boosted its holdings in shares of NXP Semiconductors by 23.7% during the first quarter. Vident Advisory LLC now owns 7,785 shares of the semiconductor provider's stock valued at $1,480,000 after acquiring an additional 1,491 shares during the period. Institutional investors and hedge funds own 90.54% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on NXPI shares. Cantor Fitzgerald reissued an "overweight" rating and set a $250.00 price target on shares of NXP Semiconductors in a report on Tuesday, July 22nd. UBS Group boosted their price target on shares of NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Barclays boosted their price target on shares of NXP Semiconductors from $190.00 to $220.00 and gave the company an "overweight" rating in a report on Tuesday, July 22nd. Stifel Nicolaus boosted their price target on shares of NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a report on Friday, July 18th. Finally, JPMorgan Chase & Co. boosted their price target on shares of NXP Semiconductors from $205.00 to $240.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, NXP Semiconductors presently has an average rating of "Moderate Buy" and an average price target of $256.05.

NXP Semiconductors Price Performance

NXP Semiconductors stock traded down $2.40 during midday trading on Friday, hitting $220.82. The company's stock had a trading volume of 214,817 shares, compared to its average volume of 2,941,422. 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 stock's 50-day moving average price is $225.17 and its 200-day moving average price is $208.29. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $256.62. The company has a market capitalization of $55.67 billion, a PE ratio of 26.37, a price-to-earnings-growth ratio of 2.49 and a beta of 1.43.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 EPS for the quarter, topping the consensus estimate of $2.66 by $0.06. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The firm had revenue of $2.93 billion for the quarter, compared to analysts' expectations of $2.90 billion. During the same period in the previous year, the business earned $3.20 earnings per share. NXP Semiconductors's revenue for the quarter 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. Analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th will be issued a $1.014 dividend. The ex-dividend date is Wednesday, September 17th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.8%. NXP Semiconductors's dividend payout ratio is currently 48.27%.

Insider Activity

In related news, EVP Jennifer Wuamett sold 9,132 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $230.00, for a total value of $2,100,360.00. Following the transaction, the executive vice president 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO William Betz sold 6,785 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer owned 1,520 shares in the company, valued at $345,556.80. This represents a 81.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,917 shares of company stock worth $4,082,002 in the last 90 days. Company insiders own 0.12% of the company's stock.

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.