The Manufacturers Life Insurance Company Makes New $2.47 Million Investment in Diodes Incorporated $DIOD

Key Points

• The Manufacturers Life Insurance Company acquired 22,595 Diodes shares worth approximately $2.47 million in the second quarter. Institutional investors and hedge funds collectively own 99.23% of the company.
• Diodes beat quarterly expectations, reporting $0.70 in EPS versus the $0.63 consensus estimate and $445.53 million in revenue, up 21.7% year over year. The company provided third-quarter 2026 EPS guidance of $0.95 to $1.15.
• Analysts maintain a generally positive outlook, with a consensus “Buy” rating and an average price target of $135, compared with the stock’s reported price of $90.03.

The Manufacturers Life Insurance Company acquired a new position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 22,595 shares of the semiconductor company's stock, valued at approximately $2,473,000.

Several other large investors have also modified their holdings of the stock. AQR Capital Management LLC grew its position in shares of Diodes by 12.4% in the 1st quarter. AQR Capital Management LLC now owns 6,028 shares of the semiconductor company's stock valued at $260,000 after buying an additional 663 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Diodes by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,148 shares of the semiconductor company's stock valued at $1,172,000 after acquiring an additional 1,186 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Diodes by 13.8% in the first quarter. Goldman Sachs Group Inc. now owns 391,005 shares of the semiconductor company's stock valued at $16,880,000 after acquiring an additional 47,500 shares in the last quarter. Woodline Partners LP acquired a new position in Diodes in the first quarter valued at $559,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Diodes by 6.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,719 shares of the semiconductor company's stock worth $4,521,000 after purchasing an additional 6,708 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

Diodes Stock Performance

NASDAQ DIOD opened at $90.03 on Thursday. The firm has a market cap of $4.15 billion, a P/E ratio of 48.67 and a beta of 1.89. Diodes Incorporated has a 52-week low of $42.28 and a 52-week high of $125.99. The business's 50-day moving average price is $94.08 and its 200 day moving average price is $90.54. The company has a quick ratio of 1.99, a current ratio of 3.17 and a debt-to-equity ratio of 0.01.

Diodes (NASDAQ:DIOD - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.63 by $0.07. Diodes had a return on equity of 4.33% and a net margin of 5.27%.The firm had revenue of $445.53 million during the quarter, compared to the consensus estimate of $436.60 million. During the same period in the prior year, the business earned $0.32 EPS. The firm's revenue was up 21.7% compared to the same quarter last year. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. On average, equities research analysts expect that Diodes Incorporated will post 3.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DIOD shares. Zacks Research upgraded Diodes from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 7th. Wall Street Zen raised Diodes from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 15th. Robert W. Baird set a $192.00 price target on Diodes in a research note on Thursday, August 6th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Diodes in a research report on Wednesday, July 15th. Finally, Truist Financial reduced their price objective on Diodes from $139.00 to $133.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Diodes has a consensus rating of "Buy" and an average price target of $135.00.

Diodes Company Profile

Diodes Incorporated NASDAQ: DIOD is a global manufacturer and supplier of high‐performance discrete, logic, analog and mixed‐signal semiconductor products. Headquartered in Plano, Texas, the company designs and develops a broad range of discrete components, standard logic functions, power management circuits, interface products and array products. Its portfolio includes rectifiers, MOSFETs, general‐purpose diodes, voltage regulators, comparators, buffers and other building blocks for electronic systems.

Diodes Incorporated serves a variety of end markets such as automotive, computing, communications, consumer electronics, industrial and lighting.

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