Ieq Capital LLC Raises Stake in NXP Semiconductors N.V. $NXPI

Key Points

• Ieq Capital LLC increased its stake in NXP Semiconductors N.V. by 90.2%, acquiring an additional 3,174 shares, bringing their total holdings to 6,691 shares valued at approximately $1.27 million.
• Several institutional investors, including Hemington Wealth Management and GoalVest Advisory LLC, have significantly adjusted their positions in NXP Semiconductors, with vast increases in their stake percentages during the first quarter.
• NXP Semiconductors announced a quarterly dividend of $1.014 per share set to be paid on October 8, representing an annual yield of 1.7%, along with recent earnings that exceeded analyst estimates.

Ieq Capital LLC increased its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 90.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,691 shares of the semiconductor provider's stock after acquiring an additional 3,174 shares during the quarter. Ieq Capital LLC's holdings in NXP Semiconductors were worth $1,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. The Goldman Sachs Group initiated coverage on shares of NXP Semiconductors in a research note on Thursday, July 10th. They set a "buy" rating and a $276.00 price objective for the company. Evercore ISI reaffirmed an "outperform" rating and set a $289.00 price target (up previously from $237.00) on shares of NXP Semiconductors in a report on Thursday, June 12th. Barclays raised 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. KGI Securities raised shares of NXP Semiconductors to a "strong-buy" rating in a report on Wednesday, July 23rd. Finally, Stifel Nicolaus raised their price objective on shares of NXP Semiconductors from $170.00 to $210.00 and gave the stock a "hold" rating in a report on Friday, July 18th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $256.05.

NXP Semiconductors Price Performance

NASDAQ:NXPI traded down $4.46 during trading hours on Wednesday, hitting $228.20. 2,825,790 shares of the stock traded hands, compared to its average volume of 2,471,864. 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 N.V. has a 1 year low of $148.09 and a 1 year high of $256.62. The company has a market cap of $57.53 billion, a price-to-earnings ratio of 27.20, a price-to-earnings-growth ratio of 2.66 and a beta of 1.43. The stock has a 50 day moving average price of $225.08 and a 200 day moving average price of $208.77.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, beating 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 business had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter in the previous year, the firm earned $3.20 earnings per share. The company's revenue for the quarter was down 6.4% on a year-over-year basis. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Sell-side analysts forecast that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th will be issued a dividend of $1.014 per share. The ex-dividend date of this dividend is Wednesday, September 17th. This represents a $4.06 annualized dividend and a yield of 1.8%. NXP Semiconductors's payout ratio is currently 48.39%.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, CFO William Betz sold 6,785 shares of NXP Semiconductors stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $227.34, for a total transaction of $1,542,501.90. Following the transaction, the chief financial officer owned 1,520 shares of the company's stock, valued at $345,556.80. The trade was a 81.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jennifer Wuamett sold 9,132 shares of NXP Semiconductors stock in a transaction that occurred on Wednesday, July 2nd. The shares were 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 $6,230,240. This represents a 25.21% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,917 shares of company stock valued at $4,082,002 over the last 90 days. 0.12% of the stock is currently owned by corporate insiders.

NXP Semiconductors Company 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.