Kraft Davis & Associates LLC Takes Position in NXP Semiconductors N.V. $NXPI

Key Points

• Kraft Davis & Associates LLC acquired 1,177 shares of NXP Semiconductors N.V. during the second quarter, valued at approximately $269,000.
• NXP reported a quarterly earnings per share of $2.72, exceeding the consensus estimate and generating $2.93 billion in revenue, despite a year-over-year decline.
• The company announced a quarterly dividend of $1.014, representing an annualized dividend yield of 1.9%.

Kraft Davis & Associates LLC acquired a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,177 shares of the semiconductor provider's stock, valued at approximately $269,000.

Other hedge funds also recently added to or reduced their stakes in the company. Hemington Wealth Management increased its stake in NXP Semiconductors by 50.0% in the first quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider's stock valued at $33,000 after purchasing an additional 59 shares during the last quarter. Brown Lisle Cummings Inc. grew its position in shares of NXP Semiconductors by 121.7% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider's stock valued at $33,000 after buying an additional 84 shares during the last quarter. Valley National Advisers Inc. grew its position in shares of NXP Semiconductors by 118.9% in the 1st quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider's stock valued at $43,000 after buying an additional 126 shares during the last quarter. Hilltop National Bank purchased a new position in shares of NXP Semiconductors in the 2nd quarter valued at $44,000. Finally, Rossby Financial LCC purchased a new position in shares of NXP Semiconductors in the 1st quarter valued at $46,000. 90.54% of the stock is currently owned by hedge funds and other institutional investors.

NXP Semiconductors Trading Up 0.1%

Shares of NXPI stock opened at $217.41 on Friday. The business's 50 day moving average is $225.34 and its two-hundred day moving average is $210.60. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $256.62. The company has a market capitalization of $54.81 billion, a P/E ratio of 25.91, a price-to-earnings-growth ratio of 2.46 and a beta of 1.44. The company has a current ratio of 1.74, a quick ratio of 1.20 and a debt-to-equity ratio of 0.99.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last announced its 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 return on equity of 27.99% and a net margin of 17.72%.The company had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same period last year, the business posted $3.20 EPS. The company's revenue was down 6.4% on a year-over-year basis. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Equities analysts forecast that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

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 $1.014 dividend. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a $4.06 annualized dividend and a dividend yield of 1.9%. NXP Semiconductors's payout ratio is presently 48.39%.

Insider Activity

In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of NXP Semiconductors stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $219.57, for a total value of $439,140.00. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $1,542,501.90. Following the completion of the sale, the chief financial officer directly 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 a total of 9,785 shares of company stock valued at $2,197,852 over the last quarter. Corporate insiders own 0.12% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on NXPI. UBS Group raised their price objective on NXP Semiconductors from $250.00 to $276.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Weiss Ratings restated a "hold (c)" rating on shares of NXP Semiconductors in a research note on Wednesday, October 8th. Wells Fargo & Company raised their price target on NXP Semiconductors from $250.00 to $260.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 23rd. TD Cowen lowered their target price on shares of NXP Semiconductors from $270.00 to $260.00 and set a "buy" rating on the stock in a research report on Friday, October 10th. Finally, Truist Financial raised their target price on shares of NXP Semiconductors from $230.00 to $252.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $257.06.

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.

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