Principal Financial Group Inc. lifted its holdings in shares of NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) by 3.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 274,099 shares of the semiconductor provider’s stock after buying an additional 8,676 shares during the period. Principal Financial Group Inc.’s holdings in NXP Semiconductors were worth $59,496,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also modified their holdings of NXPI. Oliver Luxxe Assets LLC bought a new position in shares of NXP Semiconductors in the 3rd quarter valued at $6,096,000. ING Groep NV grew its position in NXP Semiconductors by 27.5% during the 3rd quarter. ING Groep NV now owns 104,850 shares of the semiconductor provider’s stock worth $23,877,000 after acquiring an additional 22,631 shares during the last quarter. Teacher Retirement System of Texas increased its holdings in NXP Semiconductors by 16.4% in the 4th quarter. Teacher Retirement System of Texas now owns 45,366 shares of the semiconductor provider’s stock worth $9,847,000 after purchasing an additional 6,379 shares in the last quarter. Nordea Investment Management AB increased its holdings in NXP Semiconductors by 7.2% in the 3rd quarter. Nordea Investment Management AB now owns 689,579 shares of the semiconductor provider’s stock worth $155,686,000 after purchasing an additional 46,426 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in NXP Semiconductors by 21.8% in the third quarter. Dimensional Fund Advisors LP now owns 2,227,516 shares of the semiconductor provider’s stock valued at $507,241,000 after purchasing an additional 398,250 shares during the last quarter. 90.54% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, EVP Andrew Hardy sold 5,289 shares of the stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $235.00, for a total transaction of $1,242,915.00. Following the completion of the sale, the executive vice president directly owned 2,020 shares of the company’s stock, valued at approximately $474,700. This trade represents a 72.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Micallef sold 1,000 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $194.58, for a total value of $194,580.00. Following the sale, the executive vice president directly owned 9,942 shares of the company’s stock, valued at approximately $1,934,514.36. This represents a 9.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 10,865 shares of company stock valued at $2,508,416 in the last 90 days. 0.12% of the stock is currently owned by corporate insiders.
NXP Semiconductors Price Performance
NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The semiconductor provider reported $3.05 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.07. The business had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.14 billion. NXP Semiconductors had a net margin of 21.03% and a return on equity of 26.75%. NXP Semiconductors’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.64 EPS. NXP Semiconductors has set its Q2 2026 guidance at 3.290-3.720 EPS. Equities research analysts expect that NXP Semiconductors N.V. will post 13.32 EPS for the current fiscal year.
NXP Semiconductors Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, April 9th. Shareholders of record on Wednesday, March 25th were given a dividend of $1.014 per share. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $4.06 annualized dividend and a dividend yield of 1.4%. NXP Semiconductors’s dividend payout ratio (DPR) is currently 38.85%.
Analyst Ratings Changes
A number of brokerages recently issued reports on NXPI. Weiss Ratings upgraded shares of NXP Semiconductors from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Wall Street Zen upgraded shares of NXP Semiconductors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Citigroup raised their price target on shares of NXP Semiconductors from $255.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Raymond James Financial boosted their price objective on shares of NXP Semiconductors from $250.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Finally, Bank of America restated a “neutral” rating and issued a $230.00 price objective (down from $245.00) on shares of NXP Semiconductors in a report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $291.75.
Check Out Our Latest Report on NXPI
NXP Semiconductors Profile
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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