Northern Trust Corp Purchases 13,359 Shares of NXP Semiconductors N.V. $NXPI

Key Points

• Northern Trust Corp increased its stake in NXP Semiconductors by 0.7%, owning approximately 1,982,966 shares valued at around $376.88 million as of the latest SEC filing.
• NXP Semiconductors reported an EPS of $2.72 for the latest quarter, exceeding expectations, but experienced a 6.4% revenue decline compared to the same period last year.
• Analysts have set high expectations for NXP Semiconductors, with many recommending a "buy" rating and a price target increase to around $276.00.

Northern Trust Corp boosted its stake in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 0.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,982,966 shares of the semiconductor provider's stock after acquiring an additional 13,359 shares during the period. Northern Trust Corp owned 0.78% of NXP Semiconductors worth $376,883,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NXPI. Brighton Jones LLC boosted its holdings in NXP Semiconductors by 20.6% in the fourth quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider's stock valued at $265,000 after acquiring an additional 218 shares during the last quarter. GeoWealth Management LLC boosted its holdings in NXP Semiconductors by 36.4% in the fourth quarter. GeoWealth Management LLC now owns 420 shares of the semiconductor provider's stock valued at $87,000 after acquiring an additional 112 shares during the last quarter. MML Investors Services LLC boosted its holdings in NXP Semiconductors by 1.7% in the fourth quarter. MML Investors Services LLC now owns 21,495 shares of the semiconductor provider's stock valued at $4,468,000 after acquiring an additional 359 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in NXP Semiconductors by 377.9% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 411 shares of the semiconductor provider's stock valued at $85,000 after acquiring an additional 325 shares during the last quarter. Finally, Dark Forest Capital Management LP boosted its holdings in NXP Semiconductors by 84.5% in the fourth quarter. Dark Forest Capital Management LP now owns 2,314 shares of the semiconductor provider's stock valued at $481,000 after acquiring an additional 1,060 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on NXPI. TD Cowen upped their target price on NXP Semiconductors from $185.00 to $210.00 and gave the company a "buy" rating in a report on Wednesday, April 30th. Cantor Fitzgerald reissued an "overweight" rating and issued a $250.00 price target on shares of NXP Semiconductors in a research note on Tuesday, July 22nd. UBS Group boosted their price target on NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Stifel Nicolaus boosted their price target on NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a research note on Friday, July 18th. Finally, Citigroup boosted their price target on NXP Semiconductors from $210.00 to $275.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $256.05.

Insider Buying and Selling

In related news, President Rafael Sotomayor sold 2,000 shares of the stock in a transaction 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 completion of the sale, the president directly owned 4,958 shares of the company's stock, valued at approximately $1,088,628.06. This represents a 28.74% decrease in their position. 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 on 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 sale, the executive vice president directly owned 27,088 shares of the company's stock, valued at $6,230,240. The trade was a 25.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,917 shares of company stock worth $4,082,002 in the last ninety days. Corporate insiders own 0.12% of the company's stock.

NXP Semiconductors Stock Up 0.6%

Shares of NXPI traded up $1.3650 during trading hours on Monday, reaching $236.1950. The stock had a trading volume of 243,578 shares, compared to its average volume of 3,001,985. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $257.61. The firm has a 50-day simple moving average of $221.60 and a 200 day simple moving average of $207.61. The company has a current ratio of 1.74, a quick ratio of 1.20 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $59.55 billion, a price-to-earnings ratio of 28.16, a P/E/G ratio of 2.66 and a beta of 1.41.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $2.90 billion. During the same period last year, the business earned $3.20 EPS. NXP Semiconductors's quarterly revenue 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. Equities research analysts predict that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th were issued a $1.014 dividend. This represents a $4.06 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Wednesday, June 25th. NXP Semiconductors's dividend payout ratio (DPR) is currently 48.39%.

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.