M&G PLC Cuts Holdings in NXP Semiconductors N.V. $NXPI

M&G PLC decreased its stake in NXP Semiconductors N.V. (NASDAQ:NXPI) by 95.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,543 shares of the semiconductor provider’s stock after selling 179,042 shares during the period. M&G PLC’s holdings in NXP Semiconductors were worth $1,862,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC grew its position in NXP Semiconductors by 20.6% in the fourth quarter. Brighton Jones LLC now owns 1,276 shares of the semiconductor provider’s stock worth $265,000 after acquiring an additional 218 shares in the last quarter. Cerity Partners LLC lifted its stake in NXP Semiconductors by 14.1% during the first quarter. Cerity Partners LLC now owns 32,959 shares of the semiconductor provider’s stock worth $6,019,000 after purchasing an additional 4,079 shares during the last quarter. New York State Common Retirement Fund lifted its stake in NXP Semiconductors by 14.3% during the first quarter. New York State Common Retirement Fund now owns 70,636 shares of the semiconductor provider’s stock worth $13,425,000 after purchasing an additional 8,862 shares during the last quarter. CWM LLC boosted its holdings in shares of NXP Semiconductors by 16.1% in the 1st quarter. CWM LLC now owns 4,814 shares of the semiconductor provider’s stock worth $915,000 after purchasing an additional 669 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of NXP Semiconductors by 2.3% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 3,005 shares of the semiconductor provider’s stock valued at $571,000 after purchasing an additional 67 shares during the last quarter. 90.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

NXPI has been the subject of a number of recent research reports. Needham & Company LLC boosted their target price on NXP Semiconductors from $225.00 to $250.00 and gave the stock a “buy” rating in a research report on Tuesday, July 22nd. Susquehanna lifted their price target on shares of NXP Semiconductors from $195.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Cantor Fitzgerald restated an “overweight” rating and issued a $280.00 price objective on shares of NXP Semiconductors in a report on Tuesday, October 28th. Stifel Nicolaus set a $215.00 target price on shares of NXP Semiconductors in a report on Tuesday, October 28th. Finally, Truist Financial lifted their target price on shares of NXP Semiconductors from $252.00 to $254.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $252.47.

Insider Activity

In other news, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $216.21, for a total transaction of $216,210.00. Following the completion of the sale, the executive vice president directly owned 6,828 shares in the company, valued at approximately $1,476,281.88. This represents a 12.77% 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, EVP Jennifer Wuamett sold 8,372 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $207.01, for a total value of $1,733,087.72. Following the completion of the sale, the executive vice president directly owned 19,175 shares in the company, valued at $3,969,416.75. The trade was a 30.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.12% of the company’s stock.

NXP Semiconductors Stock Performance

NASDAQ:NXPI opened at $201.22 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.20 and a current ratio of 2.37. NXP Semiconductors N.V. has a fifty-two week low of $148.09 and a fifty-two week high of $255.45. The firm has a market cap of $50.64 billion, a PE ratio of 24.90, a price-to-earnings-growth ratio of 2.53 and a beta of 1.48. The business has a 50 day moving average price of $218.12 and a 200-day moving average price of $215.95.

NXP Semiconductors (NASDAQ:NXPI) last issued its earnings results on Monday, October 27th. The semiconductor provider reported $3.11 EPS for the quarter, missing the consensus estimate of $3.12 by ($0.01). The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.15 billion. NXP Semiconductors had a return on equity of 26.92% and a net margin of 17.11%.The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.45 earnings per share. NXP Semiconductors has set its Q4 2025 guidance at 3.070-3.490 EPS. Equities research analysts predict that NXP Semiconductors N.V. will post 10.28 earnings per share for the current year.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Wednesday, September 17th were given a $1.014 dividend. The ex-dividend date was Wednesday, September 17th. This represents a $4.06 dividend on an annualized basis and a dividend yield of 2.0%. NXP Semiconductors’s payout ratio is presently 50.12%.

NXP Semiconductors Company 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.