Morningstar Investment Management LLC Purchases New Position in NXP Semiconductors N.V. $NXPI

Key Points

• Morningstar Investment Management LLC has acquired a new stake in NXP Semiconductors N.V., purchasing 1,335 shares valued at approximately $292,000 during the second quarter.
• NXP Semiconductors reported earnings of $2.72 per share for the last quarter, exceeding analysts' expectations, but showed a 6.4% decline in revenue year-over-year.
• The company recently announced a quarterly dividend of $1.014 per share, reflecting an annualized yield of 1.9% and a payout ratio of 48.39%.

Morningstar Investment Management LLC purchased a new stake in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm purchased 1,335 shares of the semiconductor provider's stock, valued at approximately $292,000.

A number of other hedge funds have also modified their holdings of NXPI. Wellington Management Group LLP raised its position in shares of NXP Semiconductors by 11.7% in the 1st quarter. Wellington Management Group LLP now owns 12,731,044 shares of the semiconductor provider's stock valued at $2,419,662,000 after acquiring an additional 1,330,474 shares during the period. Nuveen LLC acquired a new stake in NXP Semiconductors during the 1st quarter worth approximately $219,878,000. Price T Rowe Associates Inc. MD raised its holdings in NXP Semiconductors by 33.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,342,675 shares of the semiconductor provider's stock worth $635,310,000 after buying an additional 839,113 shares during the period. Ameriprise Financial Inc. raised its holdings in NXP Semiconductors by 20.0% during the 1st quarter. Ameriprise Financial Inc. now owns 3,404,587 shares of the semiconductor provider's stock worth $647,387,000 after buying an additional 567,831 shares during the period. Finally, Van Lanschot Kempen Investment Management N.V. raised its holdings in NXP Semiconductors by 44.7% during the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,730,255 shares of the semiconductor provider's stock worth $328,852,000 after buying an additional 534,404 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Price Performance

NASDAQ NXPI opened at $216.11 on Wednesday. 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 12-month low of $148.09 and a 12-month high of $256.62. The company has a market capitalization of $54.49 billion, a PE ratio of 25.76, a price-to-earnings-growth ratio of 2.45 and a beta of 1.44. The firm's 50 day moving average is $224.89 and its 200-day moving average is $210.37.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released 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 net margin of 17.72% and a return on equity of 27.99%. The business had revenue of $2.93 billion during the quarter, compared to analysts' expectations of $2.90 billion. During the same period last year, the business earned $3.20 earnings per share. The firm'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 research analysts anticipate that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Wednesday, September 17th were paid 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 dividend payout ratio (DPR) is currently 48.39%.

Insider Activity at NXP Semiconductors

In related news, CFO William Betz sold 6,785 shares of the firm's stock in a transaction 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 transaction, the chief financial officer directly owned 1,520 shares of the company's stock, valued at approximately $345,556.80. This trade represents a 81.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Rafael Sotomayor sold 2,000 shares of the firm'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 directly owned 4,958 shares of the company's stock, valued at $1,088,628.06. This represents a 28.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,785 shares of company stock valued at $2,197,852. 0.12% of the stock is owned by corporate insiders.

Analyst Ratings Changes

NXPI has been the topic of several research analyst reports. UBS Group raised their target price on shares of NXP Semiconductors from $250.00 to $276.00 and gave the stock a "buy" rating in a report on Wednesday, July 2nd. Needham & Company LLC raised their target price on shares of NXP Semiconductors from $225.00 to $250.00 and gave the stock a "buy" rating in a report on Tuesday, July 22nd. Stifel Nicolaus raised their target price 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. KeyCorp raised their target price on shares of NXP Semiconductors from $240.00 to $275.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Finally, KGI Securities upgraded shares of NXP Semiconductors to a "strong-buy" rating in a report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $257.06.

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.

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