Wellington Management Group LLP Takes $10.11 Million Position in Diodes Incorporated $DIOD

Key Points

• Wellington Management Group acquired 92,395 Diodes shares worth approximately $10.11 million, giving it a 0.20% stake. Institutional investors and hedge funds collectively own 99.23% of the company.
• Analysts maintain a generally positive outlook, with an average rating of “Buy” and a consensus price target of $135.00, compared with the stock’s opening price of $90.92.
• Diodes exceeded quarterly expectations, reporting $0.70 in EPS versus the $0.63 consensus and $445.53 million in revenue. Revenue increased 21.7% year over year, while the company provided third-quarter 2026 EPS guidance of $0.95 to $1.15.

Wellington Management Group LLP bought a new position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 92,395 shares of the semiconductor company's stock, valued at approximately $10,112,000. Wellington Management Group LLP owned 0.20% of Diodes at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIOD. Andar Capital Management HK Ltd acquired a new position in shares of Diodes during the second quarter worth $80,000,000. BlackRock Inc. acquired a new stake in Diodes in the second quarter valued at $803,920,000. William Blair Investment Management LLC bought a new position in Diodes during the 2nd quarter worth $184,153,000. Arrowstreet Capital Limited Partnership acquired a new position in Diodes during the 3rd quarter worth about $37,519,000. Finally, Victory Capital Management Inc. lifted its holdings in Diodes by 901.2% during the 4th quarter. Victory Capital Management Inc. now owns 509,630 shares of the semiconductor company's stock worth $25,145,000 after buying an additional 458,727 shares during the period. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DIOD. Robert W. Baird set a $192.00 price target on Diodes in a research note on Thursday, August 6th. Truist Financial reduced their target price on Diodes from $139.00 to $133.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Weiss Ratings reissued a "hold (c)" rating on shares of Diodes in a research report on Wednesday, July 15th. Wall Street Zen upgraded shares of Diodes from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 15th. Finally, Zacks Research upgraded shares of Diodes from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $135.00.

Diodes Trading Down 0.9%

NASDAQ DIOD opened at $90.92 on Wednesday. The stock has a market capitalization of $4.19 billion, a P/E ratio of 49.15 and a beta of 1.89. The business has a 50 day simple moving average of $92.72 and a 200 day simple moving average of $91.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 1.99. Diodes Incorporated has a one year low of $42.28 and a one year high of $125.99.

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

About Diodes

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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