Fifth Third Bancorp Boosts Holdings in Monolithic Power Systems, Inc. $MPWR

Key Points

• Fifth Third Bancorp increased its holdings in Monolithic Power Systems by 34.2%, now owning 12,621 shares valued at approximately $9.23 million.
• Monolithic Power Systems reported $4.21 EPS for the quarter, surpassing analyst expectations of $4.12 EPS, with a revenue of $664.57 million, up 31.0% year-over-year.
• The company announced a quarterly dividend of $1.56 per share, constituting an annualized dividend yield of 0.7%, payable on October 15th.

Fifth Third Bancorp increased its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 34.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,621 shares of the semiconductor company's stock after buying an additional 3,216 shares during the quarter. Fifth Third Bancorp's holdings in Monolithic Power Systems were worth $9,231,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. WPG Advisers LLC purchased a new position in shares of Monolithic Power Systems in the first quarter worth $27,000. SouthState Corp purchased a new position in shares of Monolithic Power Systems in the first quarter worth $33,000. AdvisorNet Financial Inc increased its stake in shares of Monolithic Power Systems by 306.3% in the second quarter. AdvisorNet Financial Inc now owns 65 shares of the semiconductor company's stock worth $48,000 after buying an additional 49 shares during the period. Meeder Asset Management Inc. increased its stake in shares of Monolithic Power Systems by 146.4% in the first quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock worth $40,000 after buying an additional 41 shares during the period. Finally, Global Financial Private Client LLC increased its stake in shares of Monolithic Power Systems by 265.0% in the first quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock worth $42,000 after buying an additional 53 shares during the period. 93.46% of the stock is owned by hedge funds and other institutional investors.

Monolithic Power Systems Trading Down 1.9%

Shares of MPWR stock opened at $891.39 on Friday. Monolithic Power Systems, Inc. has a 12 month low of $438.86 and a 12 month high of $954.00. The stock has a market cap of $42.69 billion, a PE ratio of 23.21, a price-to-earnings-growth ratio of 3.38 and a beta of 1.23. The company's fifty day moving average price is $823.36 and its 200-day moving average price is $705.04.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its earnings results on Thursday, July 31st. The semiconductor company reported $4.21 EPS for the quarter, beating analysts' consensus estimates of $4.12 by $0.09. Monolithic Power Systems had a net margin of 73.17% and a return on equity of 19.14%. The firm had revenue of $664.57 million for the quarter, compared to analysts' expectations of $648.74 million. During the same quarter in the previous year, the business posted $3.17 EPS. The company's quarterly revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Monolithic Power Systems, Inc. will post 13.2 earnings per share for the current fiscal year.

Monolithic Power Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Tuesday, September 30th. Monolithic Power Systems's payout ratio is 16.25%.

Analysts Set New Price Targets

MPWR has been the topic of several analyst reports. Citigroup reaffirmed a "buy" rating and issued a $825.00 target price (up from $785.00) on shares of Monolithic Power Systems in a research note on Monday, August 4th. William Blair upgraded shares of Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. Oppenheimer reiterated an "outperform" rating and issued a $800.00 price target (up previously from $700.00) on shares of Monolithic Power Systems in a report on Tuesday, July 15th. Rosenblatt Securities reiterated a "neutral" rating and issued a $800.00 price target on shares of Monolithic Power Systems in a report on Friday, August 1st. Finally, Wells Fargo & Company lifted their price target on shares of Monolithic Power Systems from $730.00 to $750.00 and gave the company an "equal weight" rating in a report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $838.09.

Insider Activity

In other news, Director Jeff Zhou sold 193 shares of the business's stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $870.00, for a total transaction of $167,910.00. Following the sale, the director owned 5,611 shares in the company, valued at approximately $4,881,570. The trade was a 3.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Saria Tseng sold 14,510 shares of Monolithic Power Systems stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $914.45, for a total value of $13,268,669.50. Following the completion of the transaction, the executive vice president directly owned 144,494 shares of the company's stock, valued at approximately $132,132,538.30. This represents a 9.13% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 68,702 shares of company stock worth $55,594,820. 3.40% of the stock is currently owned by corporate insiders.

Monolithic Power Systems Profile

Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.

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