Public Employees Retirement System of Ohio Has $17.51 Million Stake in Monolithic Power Systems, Inc. $MPWR

Key Points

• The Public Employees Retirement System of Ohio owns a stake of approximately $17.51 million in Monolithic Power Systems, raising its position by 5.9% in the latest quarter.
• Several hedge funds increased their holdings in Monolithic Power Systems, indicating strong institutional interest, with institutional investors owning 93.46% of the company's stock.
• Monolithic Power Systems reported a quarterly earnings per share (EPS) of $4.21, beating estimates, and its recent dividend announcement includes a payment of $1.56 scheduled for October 15th.

Public Employees Retirement System of Ohio raised its position in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 5.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,944 shares of the semiconductor company's stock after buying an additional 1,326 shares during the period. Public Employees Retirement System of Ohio owned about 0.05% of Monolithic Power Systems worth $17,512,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of MPWR. Brighton Jones LLC increased its holdings in shares of Monolithic Power Systems by 46.0% during the fourth quarter. Brighton Jones LLC now owns 635 shares of the semiconductor company's stock worth $376,000 after buying an additional 200 shares in the last quarter. Mackenzie Financial Corp grew its stake in shares of Monolithic Power Systems by 16.2% during the fourth quarter. Mackenzie Financial Corp now owns 5,942 shares of the semiconductor company's stock valued at $3,516,000 after purchasing an additional 828 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Monolithic Power Systems during the fourth quarter valued at approximately $20,930,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Monolithic Power Systems by 3.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,281 shares of the semiconductor company's stock valued at $1,942,000 after purchasing an additional 101 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of Monolithic Power Systems by 119.5% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 270 shares of the semiconductor company's stock valued at $157,000 after purchasing an additional 147 shares in the last quarter. Institutional investors and hedge funds own 93.46% of the company's stock.

Insider Buying and Selling

In other news, EVP Deming Xiao sold 39,999 shares of the business's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $780.00, for a total value of $31,199,220.00. Following the completion of the transaction, the executive vice president owned 121,605 shares of the company's stock, valued at $94,851,900. The trade was a 24.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jeff Zhou sold 400 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $850.00, for a total transaction of $340,000.00. Following the completion of the transaction, the director directly owned 5,804 shares of the company's stock, valued at $4,933,400. This trade represents a 6.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 68,702 shares of company stock worth $55,594,820 over the last ninety days. Insiders own 3.40% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. KeyCorp raised their price target on shares of Monolithic Power Systems from $940.00 to $950.00 and gave the company an "overweight" rating in a report on Friday, August 1st. Wells Fargo & Company raised 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. Loop Capital raised their price target on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Citigroup reissued a "buy" rating and issued a $825.00 price target (up previously from $785.00) on shares of Monolithic Power Systems in a report on Monday, August 4th. Finally, William Blair upgraded shares of Monolithic Power Systems to a "strong-buy" rating in a research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $838.09.

Monolithic Power Systems Stock Performance

Shares of Monolithic Power Systems stock opened at $891.39 on Friday. The firm has a fifty day moving average of $823.36 and a two-hundred day moving average of $705.04. The stock has a market capitalization of $42.69 billion, a price-to-earnings ratio of 23.21, a PEG ratio of 3.38 and a beta of 1.23. Monolithic Power Systems, Inc. has a 52 week low of $438.86 and a 52 week high of $954.00.

Monolithic Power Systems (NASDAQ:MPWR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $4.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $664.57 million during the quarter, compared to analyst estimates of $648.74 million. During the same quarter in the previous year, the business earned $3.17 EPS. The firm's revenue was up 31.0% on a year-over-year basis. Monolithic Power Systems has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Monolithic Power Systems, Inc. will post 13.2 EPS for the current fiscal year.

Monolithic Power Systems Dividend Announcement

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

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.

Want to see what other hedge funds are holding MPWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.