NXP Semiconductors N.V. $NXPI Shares Bought by Ameriprise Financial Inc.

Key Points

• Ameriprise Financial Inc. increased its stake in NXP Semiconductors by 20.0%, now owning 3,404,587 shares valued at approximately $647.4 million.
• NXP Semiconductors reported an earnings per share (EPS) of $2.72 for the last quarter, exceeding estimates by $0.06, despite a 6.4% year-over-year revenue decline.
• The company announced a quarterly dividend of $1.014 per share, representing an annual yield of 1.8% and a payout ratio of 48.39%.

Ameriprise Financial Inc. lifted its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 20.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,404,587 shares of the semiconductor provider's stock after acquiring an additional 567,831 shares during the quarter. Ameriprise Financial Inc. owned approximately 1.35% of NXP Semiconductors worth $647,387,000 at the end of the most recent reporting period.

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

Insider Buying and Selling at NXP Semiconductors

In related news, President Rafael Sotomayor sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $219.57, for a total transaction of $439,140.00. Following the sale, the president directly owned 4,958 shares of the company's stock, valued at $1,088,628.06. This represents a 28.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO William Betz sold 6,785 shares of the stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $227.34, for a total transaction of $1,542,501.90. Following the completion of the sale, the chief financial officer directly owned 1,520 shares in the company, valued at approximately $345,556.80. This represents a 81.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 17,917 shares of company stock worth $4,082,002 in the last ninety days. 0.12% of the stock is owned by insiders.

NXP Semiconductors Stock Down 0.1%

Shares of NXPI traded down $0.15 during mid-day trading on Wednesday, hitting $237.68. The company's stock had a trading volume of 374,412 shares, compared to its average volume of 2,988,182. The company's 50-day moving average is $222.48 and its 200-day moving average is $207.98. NXP Semiconductors N.V. has a 52-week low of $148.09 and a 52-week high of $257.61. The firm has a market capitalization of $59.92 billion, a price-to-earnings ratio of 28.30, a PEG ratio of 2.68 and a beta of 1.41. 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 (NASDAQ:NXPI - Get Free Report) last announced its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.66 by $0.06. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The company had revenue of $2.93 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period last year, the firm earned $3.20 earnings per share. NXP Semiconductors's 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. On average, equities research analysts forecast that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Wednesday, June 25th were given a dividend of $1.014 per share. 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 presently 48.27%.

Wall Street Analyst Weigh In

A number of analysts recently commented on NXPI shares. Evercore ISI reaffirmed an "outperform" rating and issued a $289.00 target price (up from $237.00) on shares of NXP Semiconductors in a research report on Thursday, June 12th. KGI Securities raised NXP Semiconductors to a "strong-buy" rating in a report on Wednesday, July 23rd. Citigroup increased their target price on NXP Semiconductors from $210.00 to $275.00 and gave the stock a "buy" rating in a research report on Monday, July 7th. Stifel Nicolaus increased their price objective on NXP Semiconductors from $170.00 to $210.00 and gave the stock a "hold" rating in a research report on Friday, July 18th. Finally, Truist Financial raised 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. Two research 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 company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $256.05.

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.