Silicon Laboratories, Inc. $SLAB Holdings Raised by Hsbc Holdings PLC

Key Points

• Hsbc Holdings PLC increased its stake in Silicon Laboratories, Inc. by 66.1% in the first quarter, bringing its total holdings to 6,500 shares valued at $732,000.
• Analysts have positively revised their price targets for Silicon Laboratories, with Barclays setting their target at $130.00 and Stifel Nicolaus at $160.00, indicating growing confidence in the company's prospects.
• Silicon Laboratories reported $0.11 EPS for the last quarter, exceeding analyst estimates, with a revenue of $192.85 million, reflecting a 32.6% increase year-over-year.

Hsbc Holdings PLC boosted its stake in Silicon Laboratories, Inc. (NASDAQ:SLAB - Free Report) by 66.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,500 shares of the semiconductor company's stock after buying an additional 2,587 shares during the period. Hsbc Holdings PLC's holdings in Silicon Laboratories were worth $732,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SLAB. Invesco Ltd. lifted its stake in shares of Silicon Laboratories by 42.7% in the 1st quarter. Invesco Ltd. now owns 849,730 shares of the semiconductor company's stock worth $95,654,000 after acquiring an additional 254,348 shares during the period. American Century Companies Inc. lifted its position in Silicon Laboratories by 48.7% in the first quarter. American Century Companies Inc. now owns 510,178 shares of the semiconductor company's stock worth $57,431,000 after purchasing an additional 167,047 shares during the period. Northern Trust Corp boosted its stake in Silicon Laboratories by 12.5% during the 4th quarter. Northern Trust Corp now owns 415,007 shares of the semiconductor company's stock valued at $51,552,000 after purchasing an additional 46,109 shares in the last quarter. Westfield Capital Management Co. LP bought a new position in Silicon Laboratories during the 1st quarter valued at $37,249,000. Finally, Nuveen Asset Management LLC increased its position in shares of Silicon Laboratories by 5.1% during the 4th quarter. Nuveen Asset Management LLC now owns 289,369 shares of the semiconductor company's stock valued at $35,945,000 after purchasing an additional 14,117 shares during the period.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Barclays upped their price objective on Silicon Laboratories from $100.00 to $130.00 and gave the company an "equal weight" rating in a report on Tuesday, August 5th. Stifel Nicolaus raised their price objective on shares of Silicon Laboratories from $144.00 to $160.00 and gave the company a "buy" rating in a research report on Friday, July 18th. KeyCorp lifted their price objective on shares of Silicon Laboratories from $160.00 to $180.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Benchmark reissued a "buy" rating and set a $160.00 target price on shares of Silicon Laboratories in a research note on Tuesday, May 27th. Finally, Morgan Stanley reduced their target price on shares of Silicon Laboratories from $157.00 to $144.00 and set an "equal weight" rating for the company in a report on Wednesday, August 6th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Silicon Laboratories currently has an average rating of "Moderate Buy" and a consensus target price of $151.13.

Insider Activity

In other news, SVP Brandon Tolany sold 8,000 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $145.23, for a total value of $1,161,840.00. Following the completion of the sale, the senior vice president owned 62,328 shares in the company, valued at $9,051,895.44. This represents a 11.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.60% of the stock is owned by insiders.

Silicon Laboratories Trading Down 2.3%

SLAB stock opened at $134.35 on Friday. Silicon Laboratories, Inc. has a one year low of $82.82 and a one year high of $160.00. The firm has a 50-day moving average of $138.84 and a two-hundred day moving average of $127.52. The firm has a market capitalization of $4.41 billion, a PE ratio of -41.72 and a beta of 1.48.

Silicon Laboratories (NASDAQ:SLAB - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.02. The business had revenue of $192.85 million for the quarter, compared to analyst estimates of $192.57 million. Silicon Laboratories had a negative net margin of 14.88% and a negative return on equity of 7.21%. The firm's revenue was up 32.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.56) earnings per share. Silicon Laboratories has set its Q3 2025 guidance at 0.200-0.400 EPS. On average, equities research analysts anticipate that Silicon Laboratories, Inc. will post -0.97 earnings per share for the current year.

Silicon Laboratories Company Profile

Silicon Laboratories Inc, a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, Taiwan, and internationally. The company's products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including industrial automation and control, smart buildings, access control, HVAC control, and industrial wearables and power tools; smart cities applications, such as smart metering, smart street lighting, renewable energy, electric vehicle supply equipment, and smart agriculture; commercial IoT applications, including smart lighting, asset tracking, electronic shelf labels, theft protection, and enterprise access points; smart home applications, comprising home automation/security systems, smart speakers, smart lighting, HVAC control, smart cameras, smart appliances, smart home sensing, smart locks, and window/blind controls; and connected health applications, including diabetes management, consumer health and fitness, elderly care, patient monitoring, and activity tracking; as well as in commercial building automation, consumer electronics, and medical instrumentation.

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