Royal Bank of Canada Boosts Stake in NXP Semiconductors N.V. $NXPI

Key Points

• The Royal Bank of Canada increased its position in NXP Semiconductors by 22.4%, acquiring an additional 313,069 shares during the first quarter, bringing its total ownership to 1,711,492 shares valued at approximately $325.3 million.
• Insider trading activity included Jennifer Wuamett, EVP, selling 9,132 shares and William Betz, CFO, selling 6,785 shares, both resulting in significant decreases in their holdings.
• NXP Semiconductors reported a net margin of 17.72% and earnings per share (EPS) of $2.72, outperforming analyst expectations for the latest quarter.

Royal Bank of Canada grew its stake in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 22.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,711,492 shares of the semiconductor provider's stock after buying an additional 313,069 shares during the quarter. Royal Bank of Canada owned 0.68% of NXP Semiconductors worth $325,286,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in NXPI. Brighton Jones LLC boosted its stake in shares of NXP Semiconductors by 20.6% in the 4th quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider's stock valued at $265,000 after buying an additional 218 shares during the period. Aptus Capital Advisors LLC boosted its stake in shares of NXP Semiconductors by 62.0% in the 4th quarter. Aptus Capital Advisors LLC now owns 2,739 shares of the semiconductor provider's stock valued at $569,000 after buying an additional 1,048 shares during the period. Alteri Wealth LLC purchased a new stake in NXP Semiconductors during the fourth quarter worth approximately $396,000. Ameriprise Financial Inc. lifted its stake in NXP Semiconductors by 14.4% during the fourth quarter. Ameriprise Financial Inc. now owns 2,836,756 shares of the semiconductor provider's stock worth $589,622,000 after purchasing an additional 357,309 shares during the last quarter. Finally, Baker Avenue Asset Management LP purchased a new stake in NXP Semiconductors during the fourth quarter worth approximately $388,000. Hedge funds and other institutional investors own 90.54% of the company's stock.

NXP Semiconductors Stock Performance

Shares of NXPI traded down $2.81 during mid-day trading on Thursday, hitting $225.39. 3,308,855 shares of the company's stock were exchanged, compared to its average volume of 2,976,163. NXP Semiconductors N.V. has a fifty-two week low of $148.09 and a fifty-two week high of $256.62. The firm has a market capitalization of $56.83 billion, a P/E ratio of 26.86, a P/E/G ratio of 2.66 and a beta of 1.43. The business's 50 day moving average is $225.08 and its two-hundred day moving average is $208.77. 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 released its earnings results on Monday, July 21st. The semiconductor provider reported $2.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.66 by $0.06. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.90 billion. NXP Semiconductors had a return on equity of 27.99% and a net margin of 17.72%.The company's revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.20 earnings per share. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. On average, equities analysts expect that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

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

Insider Activity

In other 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 transaction, the president owned 4,958 shares of the company's stock, valued at approximately $1,088,628.06. The trade was a 28.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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 transaction, the chief financial officer directly owned 1,520 shares in the company, valued at approximately $345,556.80. The trade was a 81.70% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,917 shares of company stock valued at $4,082,002. Company insiders own 0.12% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on NXPI shares. Evercore ISI restated an "outperform" rating and set a $289.00 target price (up previously from $237.00) on shares of NXP Semiconductors in a research note on Thursday, June 12th. KeyCorp boosted their target price on NXP Semiconductors from $240.00 to $275.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Citigroup boosted their target price on NXP Semiconductors from $210.00 to $275.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. KGI Securities upgraded NXP Semiconductors to a "strong-buy" rating in a research note on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. boosted their target price on NXP Semiconductors from $205.00 to $240.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target 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.