NXP Semiconductors N.V. $NXPI Shares Bought by Cullen Investment Group LTD.

Key Points

• Cullen Investment Group LTD increased its stake in NXP Semiconductors by 14.0%, owning 11,903 shares valued at approximately $2.6 million.
• NXP Semiconductors reported earnings of $2.72 per share for the last quarter, exceeding estimates, but experienced a year-over-year revenue decline of 6.4%.
• The company declared a quarterly dividend of $1.014 payable on October 8th, with a dividend yield of 1.9% and a payout ratio of 48.39%.

Cullen Investment Group LTD. boosted its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 14.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,903 shares of the semiconductor provider's stock after buying an additional 1,458 shares during the quarter. Cullen Investment Group LTD.'s holdings in NXP Semiconductors were worth $2,601,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fox Run Management L.L.C. grew its position in NXP Semiconductors by 3.3% during the first quarter. Fox Run Management L.L.C. now owns 1,669 shares of the semiconductor provider's stock valued at $317,000 after buying an additional 54 shares during the period. AlphaCore Capital LLC grew its position in NXP Semiconductors by 3.5% during the first quarter. AlphaCore Capital LLC now owns 1,635 shares of the semiconductor provider's stock valued at $312,000 after buying an additional 55 shares during the period. TFB Advisors LLC grew its position in NXP Semiconductors by 4.9% during the first quarter. TFB Advisors LLC now owns 1,203 shares of the semiconductor provider's stock valued at $229,000 after buying an additional 56 shares during the period. Manchester Capital Management LLC grew its position in NXP Semiconductors by 14.7% during the first quarter. Manchester Capital Management LLC now owns 446 shares of the semiconductor provider's stock valued at $85,000 after buying an additional 57 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its holdings in NXP Semiconductors by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 21,810 shares of the semiconductor provider's stock valued at $4,145,000 after purchasing an additional 58 shares in the last quarter. Institutional investors and hedge funds own 90.54% of the company's stock.

NXP Semiconductors Stock Performance

NASDAQ:NXPI opened at $218.82 on Friday. The company's 50-day moving average price is $224.90 and its 200-day moving average price is $208.22. 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 cap of $55.17 billion, a P/E ratio of 26.08, a P/E/G ratio of 2.53 and a beta of 1.43. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $256.62.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.06. The firm had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.90 billion. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The company's revenue for the quarter was down 6.4% on a year-over-year basis. During the same period last year, the firm posted $3.20 earnings per share. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. On average, sell-side analysts forecast that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th will be paid a $1.014 dividend. This represents a $4.06 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, September 17th. NXP Semiconductors's dividend payout ratio (DPR) is currently 48.39%.

Insider Transactions at NXP Semiconductors

In other NXP Semiconductors news, President Rafael Sotomayor sold 2,000 shares of NXP Semiconductors stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $219.57, for a total transaction of $439,140.00. Following the transaction, the president directly owned 4,958 shares of the company's stock, valued at $1,088,628.06. The trade was a 28.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO William Betz sold 6,785 shares of NXP Semiconductors stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $227.34, for a total transaction of $1,542,501.90. Following the transaction, the chief financial officer directly owned 1,520 shares in the company, valued at $345,556.80. This trade represents a 81.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,917 shares of company stock valued at $4,082,002. Corporate insiders own 0.12% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $250.00 price objective on shares of NXP Semiconductors in a report on Tuesday, July 22nd. The Goldman Sachs Group assumed coverage on shares of NXP Semiconductors in a report on Thursday, July 10th. They set a "buy" rating and a $276.00 price objective on the stock. KeyCorp increased their price objective on shares of NXP Semiconductors from $240.00 to $275.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Evercore ISI reaffirmed an "outperform" rating and set a $289.00 price objective (up from $237.00) on shares of NXP Semiconductors in a report on Thursday, June 12th. Finally, UBS Group increased their price objective on shares of NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. 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 data from MarketBeat.com, NXP Semiconductors presently has an average rating of "Moderate Buy" and a consensus price target of $256.05.

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.

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