Truist Financial Corp Has $25.20 Million Stock Holdings in NXP Semiconductors N.V. $NXPI

Key Points

• Truist Financial trimmed its NXP stake by 4.1%, selling 4,933 shares and retaining 116,106 shares valued at about $25.20 million.
• Several analysts raised price targets (e.g., KeyCorp to $345, Truist to $310), leaving NXP with a consensus "Moderate Buy" rating and an average target of $291.75.
• NXP beat Q1 estimates with $3.05 EPS and $3.18B revenue (up 12.2% YoY), set Q2 guidance of $3.29–3.72 EPS, and the stock trades near its 52‑week high while paying a $4.06 annualized dividend (yield ~1.3%).

Truist Financial Corp trimmed its position in NXP Semiconductors N.V. (NASDAQ:NXPI - Free Report) by 4.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 116,106 shares of the semiconductor provider's stock after selling 4,933 shares during the period. Truist Financial Corp's holdings in NXP Semiconductors were worth $25,202,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in NXPI. JPL Wealth Management LLC acquired a new stake in NXP Semiconductors in the third quarter worth about $26,000. CNB Bank acquired a new position in NXP Semiconductors during the 3rd quarter valued at about $28,000. Wexford Capital LP bought a new position in shares of NXP Semiconductors in the 3rd quarter valued at about $31,000. Kelleher Financial Advisors bought a new position in shares of NXP Semiconductors in the 3rd quarter valued at about $31,000. Finally, Community Bank N.A. acquired a new stake in shares of NXP Semiconductors during the 3rd quarter worth approximately $37,000. 90.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on NXPI shares. Wells Fargo & Company increased their price objective on shares of NXP Semiconductors from $235.00 to $265.00 and gave the company an "equal weight" rating in a report on Wednesday, April 29th. KeyCorp lifted their target price on shares of NXP Semiconductors from $300.00 to $345.00 and gave the stock an "overweight" rating in a report on Wednesday, April 29th. Morgan Stanley upped their target price on shares of NXP Semiconductors from $299.00 to $335.00 and gave the company an "overweight" rating in a research report on Wednesday, April 29th. Truist Financial increased their price target on NXP Semiconductors from $255.00 to $310.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of NXP Semiconductors in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, NXP Semiconductors presently has an average rating of "Moderate Buy" and an average target price of $291.75.

Insider Buying and Selling at NXP Semiconductors

In other NXP Semiconductors news, EVP Andrew Hardy sold 5,289 shares of the stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $235.00, for a total value of $1,242,915.00. Following the completion of the sale, the executive vice president directly owned 2,020 shares in the company, valued at $474,700. This represents a 72.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher L. Jensen sold 4,576 shares of the firm's stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $234.03, for a total value of $1,070,921.28. Following the sale, the executive vice president directly owned 5,389 shares in the company, valued at approximately $1,261,187.67. This represents a 45.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 10,865 shares of company stock valued at $2,508,416. Company insiders own 0.12% of the company's stock.

NXP Semiconductors Stock Up 3.8%

Shares of NASDAQ NXPI opened at $303.55 on Thursday. NXP Semiconductors N.V. has a 52-week low of $182.42 and a 52-week high of $303.91. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.55 and a current ratio of 2.24. The stock has a market cap of $76.64 billion, a P/E ratio of 29.05, a P/E/G ratio of 1.06 and a beta of 1.77. The firm has a 50 day moving average price of $215.23 and a 200 day moving average price of $219.37.

NXP Semiconductors (NASDAQ:NXPI - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The semiconductor provider reported $3.05 earnings per share for the quarter, topping analysts' consensus estimates of $2.98 by $0.07. NXP Semiconductors had a net margin of 21.03% and a return on equity of 26.75%. The company had revenue of $3.18 billion for the quarter, compared to analysts' expectations of $3.14 billion. During the same period last year, the firm posted $2.64 earnings per share. The business's quarterly revenue was up 12.2% compared to the same quarter last year. NXP Semiconductors has set its Q2 2026 guidance at 3.290-3.720 EPS. Analysts expect that NXP Semiconductors N.V. will post 13.32 EPS for the current year.

NXP Semiconductors Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Wednesday, March 25th were issued a dividend of $1.014 per share. The ex-dividend date was Wednesday, March 25th. This represents a $4.06 annualized dividend and a yield of 1.3%. NXP Semiconductors's payout ratio is currently 38.76%.

About NXP Semiconductors

NXP Semiconductors N.V. is a global semiconductor company headquartered in Eindhoven, the Netherlands, that designs and supplies mixed-signal and standard product solutions for a broad range of end markets. The company focuses on enabling secure connections and infrastructure for embedded applications, developing technologies used across automotive, industrial and Internet of Things (IoT), mobile, and communication infrastructure segments. NXP's offerings target customers that require reliable, secure, and high-performance semiconductor components for connected devices and systems.

Product lines include microcontrollers and application processors, secure elements and authentication technologies, RF and high-power analog components, connectivity solutions, and vehicle networking and infotainment systems.

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