Nissay Asset Management Corp Japan ADV Has $20.01 Million Holdings in NXP Semiconductors N.V. $NXPI

Key Points

• Nissay Asset Management Corp Japan ADV increased its stake in NXP Semiconductors N.V. by 7.3%, owning 105,298 shares worth approximately $20.01 million.
• Wall Street analysts have raised their price targets for NXP, with Needham & Company increasing it from $225 to $250, indicating a positive outlook for the company's stock.
• NXP has declared a quarterly dividend of $1.014 per share, which will be paid to shareholders on October 8, representing an annualized yield of 1.8%.

Nissay Asset Management Corp Japan ADV increased its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 7.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,298 shares of the semiconductor provider's stock after purchasing an additional 7,164 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in NXP Semiconductors were worth $20,013,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of NXPI. Dynamic Advisor Solutions LLC boosted its holdings in NXP Semiconductors by 15.2% during the first quarter. Dynamic Advisor Solutions LLC now owns 5,281 shares of the semiconductor provider's stock valued at $1,004,000 after purchasing an additional 698 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in NXP Semiconductors during the first quarter valued at approximately $320,000. Farther Finance Advisors LLC boosted its holdings in NXP Semiconductors by 133.5% during the first quarter. Farther Finance Advisors LLC now owns 2,153 shares of the semiconductor provider's stock valued at $409,000 after purchasing an additional 1,231 shares in the last quarter. M&T Bank Corp grew its position in NXP Semiconductors by 14.5% in the first quarter. M&T Bank Corp now owns 7,436 shares of the semiconductor provider's stock valued at $1,413,000 after acquiring an additional 943 shares during the period. Finally, Nisa Investment Advisors LLC grew its position in NXP Semiconductors by 18.2% in the first quarter. Nisa Investment Advisors LLC now owns 12,653 shares of the semiconductor provider's stock valued at $2,418,000 after acquiring an additional 1,951 shares during the period. 90.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NXPI. Needham & Company LLC upped their price target on NXP Semiconductors from $225.00 to $250.00 and gave the company a "buy" rating in a research report on Tuesday, July 22nd. UBS Group upped their price target on NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. Truist Financial upped their price target on NXP Semiconductors from $230.00 to $252.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. Stifel Nicolaus upped their price target on NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a research report on Friday, July 18th. Finally, KGI Securities upgraded NXP Semiconductors to a "strong-buy" rating in a research report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, NXP Semiconductors currently has a consensus rating of "Moderate Buy" and an average target price of $256.05.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $219.57, for a total value of $439,140.00. Following the transaction, the president owned 4,958 shares of the company's stock, valued at approximately $1,088,628.06. This represents a 28.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Jennifer Wuamett sold 9,132 shares of the stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $230.00, for a total value of $2,100,360.00. Following the completion of the transaction, the executive vice president directly owned 27,088 shares in the company, valued at $6,230,240. The trade was a 25.21% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 17,917 shares of company stock valued at $4,082,002. 0.12% of the stock is currently owned by company insiders.

NXP Semiconductors Trading Up 1.5%

Shares of NXPI traded up $3.28 during trading hours on Thursday, hitting $222.56. 1,111,297 shares of the stock traded hands, compared to its average volume of 2,946,143. 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 N.V. has a 1-year low of $148.09 and a 1-year high of $256.62. The firm has a market capitalization of $56.11 billion, a PE ratio of 26.54, a price-to-earnings-growth ratio of 2.54 and a beta of 1.43. The business has a fifty day moving average of $225.37 and a 200-day moving average of $208.36.

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 (EPS) 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 business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the prior year, the firm posted $3.20 earnings per share. The firm's revenue for the quarter was down 6.4% compared to the same quarter last year. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Analysts expect that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th will be paid a $1.014 dividend. 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 dividend payout ratio is presently 48.39%.

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.