M&T Bank Corp Acquires 4,902 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• M&T Bank Corp increased its stake in NXP Semiconductors by 61.3% in the fourth quarter, buying 4,902 shares to hold 12,902 shares worth about $2.8 million at quarter-end.
• NXP beat quarterly estimates, reporting $3.05 EPS vs. $2.98 expected and $3.18 billion in revenue vs. $3.14 billion, and set Q2 2026 guidance of $3.29–$3.72 EPS.
• Analysts have largely raised price targets after the results (consensus rating "Moderate Buy"), with an average target near $291.75, while the stock recently traded around $290 and was down about 4.4% on the day.

M&T Bank Corp raised its holdings in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 61.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,902 shares of the semiconductor provider's stock after buying an additional 4,902 shares during the period. M&T Bank Corp's holdings in NXP Semiconductors were worth $2,800,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of NXP Semiconductors by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 13,612,546 shares of the semiconductor provider's stock valued at $2,954,739,000 after purchasing an additional 293,558 shares during the last quarter. Wellington Management Group LLP grew its position in shares of NXP Semiconductors by 11.9% in the third quarter. Wellington Management Group LLP now owns 12,583,718 shares of the semiconductor provider's stock valued at $2,865,690,000 after purchasing an additional 1,333,920 shares during the last quarter. State Street Corp grew its position in shares of NXP Semiconductors by 0.5% in the third quarter. State Street Corp now owns 10,988,061 shares of the semiconductor provider's stock valued at $2,512,283,000 after purchasing an additional 53,261 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of NXP Semiconductors by 1.6% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,849,741 shares of the semiconductor provider's stock valued at $1,703,865,000 after purchasing an additional 121,419 shares during the last quarter. Finally, Invesco Ltd. grew its position in NXP Semiconductors by 3.2% during the third quarter. Invesco Ltd. now owns 4,755,687 shares of the semiconductor provider's stock worth $1,083,013,000 after buying an additional 147,192 shares in the last quarter. Institutional investors own 90.54% of the company's stock.

NXP Semiconductors Stock Down 4.4%

Shares of NXPI opened at $290.33 on Friday. NXP Semiconductors N.V. has a 52 week low of $183.00 and a 52 week high of $303.91. The stock has a market capitalization of $73.30 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 1.10 and a beta of 1.77. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.55 and a current ratio of 2.24. The stock has a fifty day moving average of $216.35 and a 200-day moving average of $219.90.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The semiconductor provider reported $3.05 EPS for the quarter, beating analysts' consensus estimates of $2.98 by $0.07. The company had revenue of $3.18 billion during the quarter, compared to analysts' expectations of $3.14 billion. NXP Semiconductors had a return on equity of 26.75% and a net margin of 21.03%.NXP Semiconductors's revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.64 EPS. NXP Semiconductors has set its Q2 2026 guidance at 3.290-3.720 EPS. As a group, sell-side analysts anticipate that NXP Semiconductors N.V. will post 13.32 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Wednesday, March 25th were issued a dividend of $1.014 per share. This represents a $4.06 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Wednesday, March 25th. NXP Semiconductors's dividend payout ratio (DPR) is presently 38.85%.

Analysts Set New Price Targets

NXPI has been the topic of a number of analyst reports. Jefferies Financial Group increased their price target on NXP Semiconductors from $265.00 to $300.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Citigroup increased their price target on NXP Semiconductors from $255.00 to $270.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Wells Fargo & Company increased their price target on NXP Semiconductors from $235.00 to $265.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 29th. KeyCorp increased their price target on NXP Semiconductors from $300.00 to $345.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 29th. Finally, Wolfe Research increased their price target on NXP Semiconductors from $270.00 to $320.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, NXP Semiconductors currently has an average rating of "Moderate Buy" and an average target price of $291.75.

Insiders Place Their Bets

In other NXP Semiconductors news, EVP Andrew Hardy sold 5,289 shares of the stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $235.00, for a total transaction of $1,242,915.00. Following the completion of the sale, the executive vice president directly owned 2,020 shares in the company, valued at approximately $474,700. This trade represents a 72.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $194.58, for a total value of $194,580.00. Following the sale, the executive vice president owned 9,942 shares of the company's stock, valued at approximately $1,934,514.36. The trade was a 9.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 10,865 shares of company stock worth $2,508,416. Company insiders own 0.12% of the company's stock.

NXP Semiconductors Company Profile

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP's offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.

Want to see what other hedge funds are holding NXPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.