NXP Semiconductors N.V. $NXPI Shares Sold by Kettle Hill Capital Management LLC

Key Points

• Kettle Hill Capital Management LLC reduced its holdings in NXP Semiconductors by 49.1%, selling 28,867 shares and now holds 29,903 shares worth approximately $5.68 million.
• NXP Semiconductors reported earnings of $2.72 per share in the last quarter, exceeding analyst expectations and generating a revenue of $2.93 billion.
• The firm declared a quarterly dividend of $1.014 per share, with a current dividend yield of 1.8% and a payout ratio of 48.39%.

Kettle Hill Capital Management LLC lowered its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 49.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,903 shares of the semiconductor provider's stock after selling 28,867 shares during the quarter. NXP Semiconductors accounts for approximately 1.6% of Kettle Hill Capital Management LLC's investment portfolio, making the stock its 21st largest position. Kettle Hill Capital Management LLC's holdings in NXP Semiconductors were worth $5,683,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hemington Wealth Management lifted its stake in NXP Semiconductors by 50.0% in the 1st quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider's stock worth $33,000 after acquiring an additional 59 shares in the last quarter. Valley National Advisers Inc. increased its position in NXP Semiconductors by 118.9% in 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 during the period. Ameriflex Group Inc. acquired a new stake in shares of NXP Semiconductors during the 4th quarter worth approximately $44,000. Rossby Financial LCC acquired a new stake in shares of NXP Semiconductors during the 1st quarter worth approximately $46,000. Finally, GoalVest Advisory LLC grew its position in NXP Semiconductors by 472.9% in the first quarter. GoalVest Advisory LLC now owns 275 shares of the semiconductor provider's stock valued at $52,000 after acquiring an additional 227 shares during the period. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Stock Down 0.8%

NASDAQ NXPI traded down $1.81 during mid-day trading on Tuesday, reaching $223.69. The stock had a trading volume of 1,544,266 shares, compared to its average volume of 2,955,623. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $256.62. The stock has a market cap of $56.40 billion, a PE ratio of 26.66, a price-to-earnings-growth ratio of 2.57 and a beta of 1.43. The company has a fifty day moving average price of $225.55 and a 200 day moving average price of $208.17. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.74 and a quick ratio of 1.20.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.66 by $0.06. The firm had revenue of $2.93 billion during the quarter, compared to the consensus estimate of $2.90 billion. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The company's revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 Announces Dividend

The business 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 $1.014 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 48.27%.

Insider Activity at NXP Semiconductors

In related news, EVP Jennifer Wuamett sold 9,132 shares of the company's 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 sale, the executive vice president directly owned 27,088 shares of the company's stock, valued at $6,230,240. This represents a 25.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Rafael Sotomayor sold 2,000 shares of the company's 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 completion of the transaction, the president owned 4,958 shares of the company's stock, valued at approximately $1,088,628.06. The trade was a 28.74% decrease in their position. The disclosure for this sale can be found here. Insiders sold 17,917 shares of company stock worth $4,082,002 over the last three months. Company insiders own 0.12% of the company's stock.

Wall Street Analyst Weigh In

NXPI has been the topic of several recent research reports. Truist Financial raised their price target on NXP Semiconductors from $230.00 to $252.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. KeyCorp upped their price objective on NXP Semiconductors from $240.00 to $275.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. JPMorgan Chase & Co. increased their price target on NXP Semiconductors from $205.00 to $240.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Cantor Fitzgerald restated an "overweight" rating and issued a $250.00 price objective on shares of NXP Semiconductors in a research note on Tuesday, July 22nd. Finally, The Goldman Sachs Group started coverage on NXP Semiconductors in a research note on Thursday, July 10th. They issued a "buy" rating and a $276.00 price objective on the stock. Two investment 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 company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target 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.