State of Michigan Retirement System Takes Position in NXP Semiconductors N.V. $NXPI

15 Jul 2026, 09:37 by Michael Walen · The Markets Daily

State of Michigan Retirement System bought a new stake in shares of NXP Semiconductors N.V. (NASDAQ:NXPI – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 76,868 shares of the semiconductor provider’s stock, valued at approximately $15,132,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its holdings in NXP Semiconductors by 0.8% in the 1st quarter. Principal Financial Group Inc. now owns 276,392 shares of the semiconductor provider’s stock valued at $54,411,000 after acquiring an additional 2,293 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of NXP Semiconductors by 6.1% in the 1st quarter. Chicago Partners Investment Group LLC now owns 1,200 shares of the semiconductor provider’s stock worth $236,000 after purchasing an additional 69 shares during the last quarter. Tevis Investment Management bought a new stake in shares of NXP Semiconductors in the 1st quarter worth approximately $265,000. AMF Tjanstepension AB bought a new stake in shares of NXP Semiconductors in the 1st quarter worth approximately $1,358,000. Finally, Paradiem LLC acquired a new stake in NXP Semiconductors during the first quarter valued at approximately $263,000. 90.54% of the stock is currently owned by institutional investors.

NXP Semiconductors Price Performance

Shares of NASDAQ:NXPI opened at $283.87 on Wednesday. The firm has a market cap of $71.67 billion, a price-to-earnings ratio of 27.16, a P/E/G ratio of 1.00 and a beta of 1.79. NXP Semiconductors N.V. has a 1 year low of $183.00 and a 1 year high of $339.95. The company has a current ratio of 2.24, a quick ratio of 1.55 and a debt-to-equity ratio of 1.00. The business has a fifty day simple moving average of $299.70 and a 200 day simple moving average of $249.65.

NXP Semiconductors (NASDAQ:NXPI – Get Free Report) last issued its earnings results on Wednesday, April 29th. The semiconductor provider reported $3.05 EPS for the quarter, beating analysts’ consensus estimates of $2.98 by $0.07. NXP Semiconductors had a return on equity of 26.75% and a net margin of 21.03%.The firm had revenue of $3.18 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter in the previous year, the company posted $2.64 earnings per share. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. As a group, sell-side analysts predict that NXP Semiconductors N.V. will post 13.4 earnings per share for the current fiscal year.

NXP Semiconductors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 9th. Investors of record on Wednesday, June 24th were paid a $1.014 dividend. The ex-dividend date of this dividend was Wednesday, June 24th. This represents a $4.06 annualized dividend and a dividend yield of 1.4%. NXP Semiconductors’s payout ratio is presently 38.85%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on NXPI shares. Loop Capital lifted their price objective on shares of NXP Semiconductors from $275.00 to $290.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Jefferies Financial Group increased their target price on NXP Semiconductors from $265.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Wolfe Research raised their target price on NXP Semiconductors from $270.00 to $320.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Wells Fargo & Company lifted their price target on NXP Semiconductors from $265.00 to $305.00 and gave the company an “equal weight” rating in a report on Tuesday, June 9th. Finally, KeyCorp upped their price target on NXP Semiconductors from $300.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, NXP Semiconductors currently has an average rating of “Moderate Buy” and a consensus price target of $307.27.

Read Our Latest Research Report on NXPI

Insider Buying and Selling

In related news, EVP Andrew Micallef sold 1,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $315.57, for a total value of $315,570.00. Following the transaction, the executive vice president owned 8,942 shares in the company, valued at approximately $2,821,826.94. This represents a 10.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Hardy sold 5,289 shares of the firm’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $235.00, for a total transaction of $1,242,915.00. Following the transaction, the executive vice president directly owned 2,020 shares in the company, valued at approximately $474,700. The trade was a 72.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 12,611 shares of company stock worth $3,182,068. Insiders own 0.05% of the company’s stock.

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.