Taikang Asset Management Hong Kong Co Ltd Raises Position in NXP Semiconductors N.V. $NXPI

Key Points

• Taikang Asset Management increased its stake in NXP Semiconductors by 11.8%, now holding a total of 38,572 shares valued at approximately $7.33 million, making it the 27th largest holding in their portfolio.
• NXP Semiconductors reported earnings of $2.72 per share for the last quarter, surpassing estimates, despite a year-over-year revenue decline of 6.4% to $2.93 billion.
• The company recently announced a quarterly dividend of $1.014 per share, resulting in an annualized payout of $4.06 and a dividend yield of 1.7%.

Taikang Asset Management Hong Kong Co Ltd raised its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 11.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,572 shares of the semiconductor provider's stock after purchasing an additional 4,072 shares during the period. NXP Semiconductors accounts for approximately 1.0% of Taikang Asset Management Hong Kong Co Ltd's investment portfolio, making the stock its 27th biggest holding. Taikang Asset Management Hong Kong Co Ltd's holdings in NXP Semiconductors were worth $7,331,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Dynamic Advisor Solutions LLC increased its position in shares of NXP Semiconductors by 15.2% during the first quarter. Dynamic Advisor Solutions LLC now owns 5,281 shares of the semiconductor provider's stock worth $1,004,000 after purchasing an additional 698 shares in the last quarter. Sowell Financial Services LLC acquired a new position in shares of NXP Semiconductors during the first quarter worth $320,000. Farther Finance Advisors LLC increased its position in shares of NXP Semiconductors by 133.5% during the first quarter. Farther Finance Advisors LLC now owns 2,153 shares of the semiconductor provider's stock worth $409,000 after purchasing an additional 1,231 shares in the last quarter. M&T Bank Corp increased its position in shares of NXP Semiconductors by 14.5% during the first quarter. M&T Bank Corp now owns 7,436 shares of the semiconductor provider's stock worth $1,413,000 after purchasing an additional 943 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its position in shares of NXP Semiconductors by 18.2% during the first quarter. Nisa Investment Advisors LLC now owns 12,653 shares of the semiconductor provider's stock worth $2,418,000 after purchasing an additional 1,951 shares in the last quarter. 90.54% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently issued reports on NXPI. Stifel Nicolaus upped their target price on NXP Semiconductors from $170.00 to $210.00 and gave the company a "hold" rating in a research report on Friday, July 18th. Truist Financial upped their target price on NXP Semiconductors from $230.00 to $252.00 and gave the company a "buy" rating in a research report on Wednesday, July 23rd. TD Cowen upped their target price on NXP Semiconductors from $185.00 to $210.00 and gave the company a "buy" rating in a research report on Wednesday, April 30th. KGI Securities raised NXP Semiconductors to a "strong-buy" rating in a research report on Wednesday, July 23rd. Finally, The Goldman Sachs Group began coverage on NXP Semiconductors in a research report on Thursday, July 10th. They issued a "buy" rating and a $276.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, NXP Semiconductors presently has an average rating of "Moderate Buy" and a consensus price target of $256.05.

Insider Transactions at NXP Semiconductors

In other news, CFO William Betz sold 6,785 shares of the stock in a transaction dated 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Jennifer Wuamett sold 9,132 shares of the firm's stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $230.00, for a total transaction of $2,100,360.00. Following the completion of the transaction, the executive vice president directly owned 27,088 shares in the company, valued at $6,230,240. This represents a 25.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,917 shares of company stock valued at $4,082,002 in the last ninety days. 0.12% of the stock is currently owned by corporate insiders.

NXP Semiconductors Stock Performance

NASDAQ:NXPI traded down $0.15 during mid-day trading on Wednesday, hitting $237.67. The company's stock had a trading volume of 1,053,965 shares, compared to its average volume of 2,703,720. NXP Semiconductors N.V. has a 1 year low of $148.09 and a 1 year high of $257.61. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.74 and a quick ratio of 1.20. The stock has a market cap of $59.92 billion, a price-to-earnings ratio of 28.33, a PEG ratio of 2.70 and a beta of 1.41. The business's fifty day moving average is $223.01 and its two-hundred day moving average is $208.19.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last posted its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 EPS 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 for the quarter, compared to analyst estimates of $2.90 billion. During the same period in the prior year, the company earned $3.20 earnings per share. The firm's 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. Analysts anticipate 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. Shareholders of record on Wednesday, June 25th were issued a $1.014 dividend. This represents a $4.06 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, June 25th. NXP Semiconductors's dividend payout ratio is presently 48.39%.

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.