Price T Rowe Associates Inc. MD Increases Stock Holdings in NXP Semiconductors N.V. $NXPI

Key Points

• Price T Rowe Associates Inc. MD has increased its holdings in NXP Semiconductors by 33.5%, owning approximately 3.34 million shares valued at $635 million.
• Insiders have sold a total of 17,917 shares worth over $4 million in the past 90 days, indicating a decrease in their ownership percentages.
• Equities analysts have set a consensus price target of $256.05 for NXP Semiconductors, with ratings including two "Strong Buy" and fifteen "Buy" recommendations.

Price T Rowe Associates Inc. MD increased its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 33.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,342,675 shares of the semiconductor provider's stock after buying an additional 839,113 shares during the quarter. Price T Rowe Associates Inc. MD owned about 1.32% of NXP Semiconductors worth $635,310,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Dynamic Advisor Solutions LLC raised its position in shares of NXP Semiconductors by 15.2% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 5,281 shares of the semiconductor provider's stock valued at $1,004,000 after buying an additional 698 shares during the period. Sowell Financial Services LLC purchased a new stake in shares of NXP Semiconductors during the 1st quarter valued at approximately $320,000. Farther Finance Advisors LLC raised its position in shares of NXP Semiconductors by 133.5% during the 1st quarter. Farther Finance Advisors LLC now owns 2,153 shares of the semiconductor provider's stock valued at $409,000 after buying an additional 1,231 shares during the period. M&T Bank Corp raised its position in shares of NXP Semiconductors by 14.5% during the 1st quarter. M&T Bank Corp now owns 7,436 shares of the semiconductor provider's stock valued at $1,413,000 after buying an additional 943 shares during the period. Finally, Nisa Investment Advisors LLC raised 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 purchasing an additional 1,951 shares during the period. Hedge funds and other institutional investors own 90.54% of the company's stock.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of the business's 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 completion of the sale, the president owned 4,958 shares in the company, valued at approximately $1,088,628.06. The trade was a 28.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO William Betz sold 6,785 shares of the business's 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 owned 1,520 shares of the company's stock, valued at approximately $345,556.80. This represents a 81.70% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 17,917 shares of company stock worth $4,082,002. 0.12% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have issued reports on NXPI shares. UBS Group boosted their target price on NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. Evercore ISI reissued an "outperform" rating and issued a $289.00 target price (up previously from $237.00) on shares of NXP Semiconductors in a research report on Thursday, June 12th. Stifel Nicolaus boosted their target price on NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a research report on Friday, July 18th. Wells Fargo & Company upped their target price on shares of NXP Semiconductors from $250.00 to $260.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 23rd. Finally, Truist Financial upped their target price on shares of NXP Semiconductors from $230.00 to $252.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $256.05.

NXP Semiconductors Stock Down 0.1%

NXP Semiconductors stock traded down $0.15 during mid-day trading on Wednesday, hitting $237.67. The company had a trading volume of 1,047,050 shares, compared to its average volume of 2,989,677. 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 1 year low of $148.09 and a 1 year high of $257.61. The business has a fifty day moving average of $222.48 and a 200 day moving average of $207.98. The stock has a market cap of $59.92 billion, a price-to-earnings ratio of 28.33, a PEG ratio of 2.68 and a beta of 1.41.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, beating 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 during the quarter, compared to analysts' expectations of $2.90 billion. During the same quarter in the previous year, the business earned $3.20 earnings per share. The firm's revenue for the quarter was down 6.4% on a year-over-year basis. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. On average, sell-side analysts expect 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 disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Wednesday, June 25th were paid a $1.014 dividend. The ex-dividend date was Wednesday, June 25th. This represents a $4.06 dividend on an annualized basis and a yield of 1.7%. NXP Semiconductors's payout ratio is currently 48.27%.

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.