TD Asset Management Inc Boosts Stake in NXP Semiconductors N.V. $NXPI

Key Points

• TD Asset Management Inc increased its stake in NXP Semiconductors by 15.0%, owning 403,352 shares worth $88,128,000 at the end of the 2nd quarter.
• Several institutional investors have also boosted their positions in NXP Semiconductors, with notable increases including Wellington Management and Price T Rowe Associates.
• NXP Semiconductors recently announced a quarterly dividend of $1.014 per share, marking a 1.9% dividend yield, while the company's stock has seen fluctuations with a 12-month high of $256.62.

TD Asset Management Inc increased its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 15.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 403,352 shares of the semiconductor provider's stock after purchasing an additional 52,743 shares during the period. TD Asset Management Inc owned 0.16% of NXP Semiconductors worth $88,128,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in NXPI. Wellington Management Group LLP increased its position 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 acquiring an additional 1,330,474 shares during the period. Nuveen LLC acquired a new position in NXP Semiconductors in the 1st quarter valued at about $219,878,000. Price T Rowe Associates Inc. MD increased its position in NXP Semiconductors by 33.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,342,675 shares of the semiconductor provider's stock valued at $635,310,000 after acquiring an additional 839,113 shares during the period. Ameriprise Financial Inc. increased its position 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 acquiring an additional 567,831 shares during the period. Finally, Van Lanschot Kempen Investment Management N.V. increased its position in NXP Semiconductors by 44.7% in the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 1,730,255 shares of the semiconductor provider's stock valued at $328,852,000 after acquiring an additional 534,404 shares during the period. Institutional investors and hedge funds own 90.54% of the company's stock.

Insider Transactions at NXP Semiconductors

In related news, 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 sale, the president owned 4,958 shares of the company's stock, valued at approximately $1,088,628.06. This represents a 28.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $1,542,501.90. Following the completion of the sale, 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. Insiders have sold 9,785 shares of company stock valued at $2,197,852 in the last quarter. 0.12% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on NXPI shares. Weiss Ratings restated a "hold (c)" rating on shares of NXP Semiconductors in a research report on Wednesday, October 8th. Barclays boosted their target price on NXP Semiconductors from $190.00 to $220.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 22nd. TD Cowen dropped their target price on NXP Semiconductors from $270.00 to $260.00 and set a "buy" rating on the stock in a research report on Friday, October 10th. 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 report on Wednesday, July 23rd. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $250.00 target price on shares of NXP Semiconductors in a research report on Tuesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $257.06.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI opened at $216.11 on Wednesday. The business's 50 day simple moving average is $224.89 and its 200-day simple moving average is $210.37. The firm has a market capitalization of $54.49 billion, a price-to-earnings ratio of 25.76, a price-to-earnings-growth ratio of 2.45 and a beta of 1.44. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.74 and a quick ratio of 1.20. NXP Semiconductors N.V. has a 12 month low of $148.09 and a 12 month high of $256.62.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The semiconductor provider reported $2.72 EPS for the quarter, topping the consensus estimate 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 quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.20 EPS. NXP Semiconductors has set its Q3 2025 guidance at 2.890-3.300 EPS. As a group, equities analysts forecast that NXP Semiconductors N.V. will post 10.28 earnings per share for the current fiscal year.

NXP Semiconductors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Wednesday, September 17th were paid a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, September 17th. This represents a $4.06 annualized dividend and a dividend yield of 1.9%. NXP Semiconductors's payout ratio is 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.

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