Stock Yards Bank & Trust Co. Has $544,000 Holdings in NXP Semiconductors N.V. $NXPI

Key Points

• Stock Yards Bank & Trust Co. reduced its holdings in NXP Semiconductors by 40.3% during Q2, ending with 2,491 shares valued at $544,000.
• Multiple firms have increased their price targets for NXP Semiconductors, with Wells Fargo raising it from $250 to $260 and KeyCorp from $240 to $275, while the average target price is now $256.05.
• NXP Semiconductors announced a quarterly dividend of $1.014 per share, yielding 1.8%, with the payment scheduled for October 8th.

Stock Yards Bank & Trust Co. decreased its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 40.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,491 shares of the semiconductor provider's stock after selling 1,683 shares during the period. Stock Yards Bank & Trust Co.'s holdings in NXP Semiconductors were worth $544,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brown Lisle Cummings Inc. lifted its holdings in NXP Semiconductors by 121.7% in the second quarter. Brown Lisle Cummings Inc. now owns 153 shares of the semiconductor provider's stock valued at $33,000 after buying an additional 84 shares during the period. Hemington Wealth Management lifted its holdings in NXP Semiconductors by 50.0% in the first quarter. Hemington Wealth Management now owns 177 shares of the semiconductor provider's stock valued at $33,000 after buying an additional 59 shares during the period. Hilltop National Bank acquired a new position in NXP Semiconductors in the second quarter valued at $44,000. Valley National Advisers Inc. lifted its holdings in NXP Semiconductors by 118.9% in the first quarter. Valley National Advisers Inc. now owns 232 shares of the semiconductor provider's stock valued at $43,000 after buying an additional 126 shares during the period. Finally, Rossby Financial LCC acquired a new position in NXP Semiconductors in the first quarter valued at $46,000. Institutional investors and hedge funds own 90.54% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on NXPI. Wells Fargo & Company boosted their target price on shares of NXP Semiconductors from $250.00 to $260.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. KeyCorp lifted their price target on shares of NXP Semiconductors from $240.00 to $275.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Susquehanna lifted their price target on shares of NXP Semiconductors from $195.00 to $210.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Evercore ISI reaffirmed an "outperform" rating and issued a $289.00 price target (up from $237.00) on shares of NXP Semiconductors in a research note on Thursday, June 12th. Finally, Citigroup lifted their price target on shares of NXP Semiconductors from $210.00 to $275.00 and gave the company a "buy" rating in a research note on Monday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $256.05.

NXP Semiconductors Stock Up 0.5%

NXPI opened at $228.89 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.74 and a debt-to-equity ratio of 0.99. The stock has a market cap of $57.71 billion, a price-to-earnings ratio of 27.28, a PEG ratio of 2.59 and a beta of 1.44. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $256.62. The company's 50-day moving average price is $224.57 and its two-hundred day moving average price is $209.57.

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 for the quarter, beating analysts' consensus estimates of $2.66 by $0.06. The firm had revenue of $2.93 billion for the quarter, compared to analysts' expectations of $2.90 billion. NXP Semiconductors had a net margin of 17.72% and a return on equity of 27.99%. The company's quarterly revenue was down 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $3.20 earnings per share. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. As a group, equities analysts expect that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.

NXP Semiconductors Dividend Announcement

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

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, CFO William Betz sold 6,785 shares of the business's stock in a transaction dated 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 transaction, the chief financial officer directly owned 1,520 shares in the company, valued at $345,556.80. The trade was a 81.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $219.57, for a total transaction of $439,140.00. Following the sale, the president owned 4,958 shares in the company, valued at $1,088,628.06. The trade was a 28.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,785 shares of company stock worth $2,197,852 over the last three months. 0.12% of the stock is currently owned by insiders.

NXP Semiconductors 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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