Glenview Trust Co Purchases 6,337 Shares of NXP Semiconductors N.V. $NXPI

Glenview Trust Co boosted its position in shares of NXP Semiconductors N.V. (NASDAQ:NXPIFree Report) by 9.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 76,646 shares of the semiconductor provider’s stock after purchasing an additional 6,337 shares during the quarter. Glenview Trust Co’s holdings in NXP Semiconductors were worth $17,455,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of NXP Semiconductors during the second quarter worth approximately $453,050,000. SG Americas Securities LLC grew its holdings in NXP Semiconductors by 307.7% during the 3rd quarter. SG Americas Securities LLC now owns 1,179,129 shares of the semiconductor provider’s stock worth $268,523,000 after acquiring an additional 889,883 shares during the period. Boston Partners raised its position in shares of NXP Semiconductors by 73.6% during the 2nd quarter. Boston Partners now owns 2,086,769 shares of the semiconductor provider’s stock valued at $454,862,000 after acquiring an additional 884,403 shares during the last quarter. Rafferty Asset Management LLC lifted its stake in shares of NXP Semiconductors by 56.3% in the 2nd quarter. Rafferty Asset Management LLC now owns 1,916,922 shares of the semiconductor provider’s stock valued at $418,828,000 after purchasing an additional 690,277 shares during the period. Finally, California Public Employees Retirement System boosted its position in shares of NXP Semiconductors by 104.3% in the 2nd quarter. California Public Employees Retirement System now owns 912,463 shares of the semiconductor provider’s stock worth $199,364,000 after purchasing an additional 465,820 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.

NXP Semiconductors Stock Performance

Shares of NXPI opened at $244.43 on Tuesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.38 and a current ratio of 2.05. NXP Semiconductors N.V. has a twelve month low of $148.09 and a twelve month high of $256.36. The firm’s 50 day moving average price is $231.21 and its two-hundred day moving average price is $221.97. The firm has a market cap of $61.52 billion, a P/E ratio of 30.78, a PEG ratio of 1.51 and a beta of 1.47.

NXP Semiconductors (NASDAQ:NXPIGet Free Report) last issued its quarterly earnings data on Monday, February 2nd. The semiconductor provider reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.04. NXP Semiconductors had a net margin of 16.47% and a return on equity of 26.72%. The company had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.30 billion. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.18 earnings per share. NXP Semiconductors has set its Q1 2026 guidance at 2.770-3.170 EPS. On average, analysts forecast that NXP Semiconductors N.V. will post 10.28 EPS for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 10th were given a dividend of $1.014 per share. This represents a $4.06 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, December 10th. NXP Semiconductors’s dividend payout ratio is currently 51.13%.

Insider Buying and Selling

In related news, EVP Christopher L. Jensen sold 2,300 shares of NXP Semiconductors stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $228.17, for a total value of $524,791.00. Following the sale, the executive vice president owned 9,965 shares of the company’s stock, valued at approximately $2,273,714.05. This trade represents a 18.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jennifer Wuamett sold 12,425 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $220.94, for a total value of $2,745,179.50. Following the transaction, the executive vice president directly owned 11,811 shares of the company’s stock, valued at approximately $2,609,522.34. This trade represents a 51.27% decrease in their position. The SEC filing for this sale provides additional information. 0.12% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. TD Cowen cut their target price on NXP Semiconductors from $285.00 to $250.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Bank of America cut their price target on shares of NXP Semiconductors from $265.00 to $245.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Sanford C. Bernstein restated a “market perform” rating and set a $240.00 price objective on shares of NXP Semiconductors in a report on Wednesday, February 4th. KeyCorp upped their target price on shares of NXP Semiconductors from $280.00 to $300.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Finally, Morgan Stanley reissued an “overweight” rating on shares of NXP Semiconductors in a research report on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $253.67.

Read Our Latest Stock Analysis on NXP Semiconductors

NXP Semiconductors Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for NXP Semiconductors (NASDAQ:NXPI)

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