Raymond James Financial Inc. Increases Stake in Monolithic Power Systems, Inc. $MPWR

Key Points

• Raymond James Financial Inc. increased its holdings in Monolithic Power Systems by 3.2%, owning a total of 245,661 shares worth approximately $142 million as of the end of the first quarter.
• Monolithic Power Systems reported $4.21 EPS for the quarter, exceeding expectations, with revenue surging 31% compared to the previous year, totaling $664.57 million.
• The company recently declared a quarterly dividend of $1.56 per share, providing an annualized yield of 0.8%, with a payout ratio of 16.25%.

Raymond James Financial Inc. raised its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR - Free Report) by 3.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 245,661 shares of the semiconductor company's stock after acquiring an additional 7,711 shares during the quarter. Raymond James Financial Inc. owned approximately 0.51% of Monolithic Power Systems worth $142,478,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fourth Dimension Wealth LLC bought a new stake in Monolithic Power Systems during the fourth quarter worth about $29,000. SouthState Corp purchased a new stake in Monolithic Power Systems during the first quarter valued at approximately $33,000. Itau Unibanco Holding S.A. raised its position in shares of Monolithic Power Systems by 637.5% during the 4th quarter. Itau Unibanco Holding S.A. now owns 59 shares of the semiconductor company's stock valued at $35,000 after purchasing an additional 51 shares during the period. Meeder Asset Management Inc. raised its position in shares of Monolithic Power Systems by 146.4% during the 1st quarter. Meeder Asset Management Inc. now owns 69 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 41 shares during the period. Finally, Global Financial Private Client LLC grew its stake in Monolithic Power Systems by 265.0% during the first quarter. Global Financial Private Client LLC now owns 73 shares of the semiconductor company's stock valued at $42,000 after acquiring an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on MPWR. Citigroup reiterated a "buy" rating and set a $825.00 price objective (up previously from $785.00) on shares of Monolithic Power Systems in a research report on Monday, August 4th. Rosenblatt Securities reaffirmed a "neutral" rating and issued a $800.00 price objective on shares of Monolithic Power Systems in a research report on Friday, August 1st. Oppenheimer reissued an "outperform" rating and set a $800.00 target price (up previously from $700.00) on shares of Monolithic Power Systems in a research report on Tuesday, July 15th. William Blair raised shares of Monolithic Power Systems to a "strong-buy" rating in a report on Wednesday, August 13th. Finally, Loop Capital increased their price target on shares of Monolithic Power Systems from $760.00 to $800.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $838.09.

Monolithic Power Systems Price Performance

Shares of NASDAQ MPWR traded up $23.26 during midday trading on Friday, hitting $844.00. The company's stock had a trading volume of 528,881 shares, compared to its average volume of 802,002. Monolithic Power Systems, Inc. has a 1 year low of $438.86 and a 1 year high of $959.64. The business's fifty day simple moving average is $753.40 and its two-hundred day simple moving average is $668.61. The firm has a market capitalization of $40.42 billion, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 3.08 and a beta of 1.18.

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

Monolithic Power Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a $1.56 dividend. This represents a $6.24 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 30th. Monolithic Power Systems's payout ratio is presently 16.25%.

Insider Activity at Monolithic Power Systems

In other news, Director Jeff Zhou sold 400 shares of the company'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 transaction, the director directly owned 5,804 shares of the company's stock, valued at $4,933,400. This represents a 6.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Deming Xiao sold 39,999 shares of the stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $780.00, for a total transaction of $31,199,220.00. Following the completion of the sale, the executive vice president directly owned 121,605 shares in the company, valued at approximately $94,851,900. The trade was a 24.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 49,599 shares of company stock worth $38,455,220 in the last 90 days. 3.40% of the stock is owned by insiders.

Monolithic Power Systems Company 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.