NXP Semiconductors N.V. $NXPI Shares Purchased by Ballentine Partners LLC

Key Points

• Ballentine Partners LLC increased its holdings in NXP Semiconductors by 40.5%, owning 5,222 shares valued at approximately $1.14 million following an additional purchase of 1,504 shares.
• NXP Semiconductors reported Q2 earnings of $2.72 per share, exceeding estimates, although revenue was down 6.4% year-over-year.
• The company announced a quarterly dividend of $1.014 per share, reflecting an annual yield of 1.8%, with a dividend payout ratio of 48.39%.

Ballentine Partners LLC raised its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 40.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,222 shares of the semiconductor provider's stock after purchasing an additional 1,504 shares during the quarter. Ballentine Partners LLC's holdings in NXP Semiconductors were worth $1,141,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Wellington Management Group LLP boosted its holdings in NXP Semiconductors by 11.7% in the 1st quarter. Wellington Management Group LLP now owns 12,731,044 shares of the semiconductor provider's stock valued at $2,419,662,000 after purchasing an additional 1,330,474 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in NXP Semiconductors by 1.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 8,134,050 shares of the semiconductor provider's stock valued at $1,545,958,000 after purchasing an additional 87,820 shares during the last quarter. Invesco Ltd. boosted its holdings in NXP Semiconductors by 8.2% in the 1st quarter. Invesco Ltd. now owns 4,693,126 shares of the semiconductor provider's stock valued at $891,975,000 after purchasing an additional 353,782 shares during the last quarter. Pictet Asset Management Holding SA boosted its holdings in NXP Semiconductors by 10.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,519,132 shares of the semiconductor provider's stock valued at $858,902,000 after purchasing an additional 432,838 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in NXP Semiconductors by 20.0% in the 1st quarter. Ameriprise Financial Inc. now owns 3,404,587 shares of the semiconductor provider's stock valued at $647,387,000 after purchasing an additional 567,831 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Price Performance

Shares of NXPI opened at $226.81 on Friday. NXP Semiconductors N.V. has a fifty-two week low of $148.09 and a fifty-two week high of $256.62. The firm's 50 day moving average price is $224.43 and its 200 day moving average price is $208.68. The company has a market cap of $57.18 billion, a P/E ratio of 27.03, a PEG ratio of 2.58 and a beta of 1.43. 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 (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, topping 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 firm had revenue of $2.93 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the prior year, the firm earned $3.20 EPS. 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, research analysts forecast that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Wednesday, September 17th will be paid a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Wednesday, September 17th. NXP Semiconductors's dividend payout ratio is presently 48.39%.

Insider Buying and Selling at NXP Semiconductors

In related news, CFO William Betz sold 6,785 shares of the company'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 transaction of $1,542,501.90. Following the sale, the chief financial officer directly owned 1,520 shares of the company's stock, valued at $345,556.80. This represents a 81.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Andrew Micallef sold 1,000 shares of the company's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $216.21, for a total transaction of $216,210.00. Following the sale, the executive vice president directly owned 6,828 shares in the company, valued at approximately $1,476,281.88. The trade was a 12.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,917 shares of company stock valued at $4,298,212 in the last 90 days. Corporate insiders own 0.12% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. KeyCorp boosted their target price 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. Cantor Fitzgerald reiterated an "overweight" rating and issued a $250.00 target price on shares of NXP Semiconductors in a report on Tuesday, July 22nd. Truist Financial boosted their price target on shares of NXP Semiconductors from $230.00 to $252.00 and gave the company a "buy" rating in a research note on Wednesday, July 23rd. Stifel Nicolaus boosted their price target on shares of NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a research note on Friday, July 18th. Finally, UBS Group boosted their price target on shares of NXP Semiconductors from $250.00 to $276.00 and gave the company a "buy" rating in a research note on Wednesday, July 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price 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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