NXP Semiconductors N.V. $NXPI Shares Sold by Swedbank AB

Key Points

• Swedbank AB has reduced its stake in NXP Semiconductors by 30.5%, selling 51,833 shares and leaving the bank with 118,089 shares valued at $22.4 million.
• Institutional investors have shown interest, with Wellington Management Group increasing its holdings by 11.7%, now owning over 12.7 million shares, while 90.54% of NXP's stock is held by institutional owners.
• Analysts have raised their price targets for NXP Semiconductors, with a consensus target price set at $256.05 and ratings predominantly leaning towards "Buy" or "Strong Buy."

Swedbank AB reduced its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 30.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 118,089 shares of the semiconductor provider's stock after selling 51,833 shares during the period. Swedbank AB's holdings in NXP Semiconductors were worth $22,444,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Wellington Management Group LLP lifted its holdings in shares of 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 lifted its holdings in shares of 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. lifted its holdings in shares of 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 lifted its holdings in shares of 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. lifted its holdings in shares of 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 owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on NXPI. KGI Securities raised NXP Semiconductors to a "strong-buy" rating in a report on Wednesday, July 23rd. Needham & Company LLC upped their price objective on NXP Semiconductors from $225.00 to $250.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. Stifel Nicolaus upped their price objective on NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a research note on Friday, July 18th. Barclays upped their price objective on NXP Semiconductors from $190.00 to $220.00 and gave the company an "overweight" rating in a research note on Tuesday, July 22nd. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $250.00 price objective on shares of NXP Semiconductors in a research note on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $256.05.

NXP Semiconductors Stock Performance

NASDAQ NXPI opened at $218.82 on Friday. 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 business's 50 day moving average is $224.90 and its two-hundred day moving average is $208.08. NXP Semiconductors N.V. has a 12-month low of $148.09 and a 12-month high of $256.62. The stock has a market capitalization of $55.17 billion, a price-to-earnings ratio of 26.08, a PEG ratio of 2.53 and a beta of 1.43.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last released its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter in the previous year, the firm posted $3.20 EPS. The firm's quarterly revenue was down 6.4% on a year-over-year basis. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. Research analysts expect that NXP Semiconductors N.V. will post 10.28 EPS for the current year.

NXP Semiconductors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th will be given a dividend of $1.014 per share. The ex-dividend date is Wednesday, September 17th. This represents a $4.06 annualized dividend and a yield of 1.9%. NXP Semiconductors's payout ratio is presently 48.39%.

Insiders Place Their Bets

In other NXP Semiconductors news, CFO William Betz sold 6,785 shares of the business's stock in a transaction that occurred on 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 owned 1,520 shares in the company, valued at approximately $345,556.80. The trade was a 81.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Rafael Sotomayor sold 2,000 shares of the company'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. This represents a 28.74% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 17,917 shares of company stock worth $4,082,002. Company insiders own 0.12% of the company's stock.

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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