Geode Capital Management LLC Has $91.82 Million Stock Position in Power Integrations, Inc. $POWI

Geode Capital Management LLC reduced its stake in Power Integrations, Inc. (NASDAQ:POWI) by 1.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,642,473 shares of the semiconductor company’s stock after selling 17,777 shares during the quarter. Geode Capital Management LLC’s holdings in Power Integrations were worth $91,823,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. increased its stake in shares of Power Integrations by 475.9% during the second quarter. Hantz Financial Services Inc. now owns 478 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 395 shares during the period. Bayforest Capital Ltd grew its holdings in Power Integrations by 54.3% in the 1st quarter. Bayforest Capital Ltd now owns 631 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 222 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Power Integrations by 576.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 629 shares of the semiconductor company’s stock worth $32,000 after buying an additional 536 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of Power Integrations by 125.9% during the second quarter. Parkside Financial Bank & Trust now owns 585 shares of the semiconductor company’s stock worth $33,000 after buying an additional 326 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Power Integrations by 364.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 622 shares of the semiconductor company’s stock worth $35,000 after buying an additional 488 shares in the last quarter.

Power Integrations Trading Up 6.9%

Shares of Power Integrations stock opened at $33.06 on Friday. The company has a market cap of $1.83 billion, a PE ratio of 57.00, a price-to-earnings-growth ratio of 2.71 and a beta of 1.42. The company has a 50 day moving average of $39.99 and a 200-day moving average of $47.46. Power Integrations, Inc. has a 1-year low of $30.86 and a 1-year high of $68.86.

Power Integrations (NASDAQ:POWI) last announced its quarterly earnings data on Wednesday, November 5th. The semiconductor company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.35 by $0.01. Power Integrations had a net margin of 7.59% and a return on equity of 5.86%. The business had revenue of $118.92 million during the quarter, compared to the consensus estimate of $118.36 million. During the same period in the previous year, the business earned $0.40 earnings per share. The company’s revenue was up 2.7% on a year-over-year basis. Power Integrations has set its Q4 2025 guidance at EPS. Research analysts forecast that Power Integrations, Inc. will post 0.93 earnings per share for the current year.

Power Integrations Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, November 28th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.5%. Power Integrations’s payout ratio is 270.97%.

Analysts Set New Price Targets

A number of equities analysts recently commented on POWI shares. Susquehanna lowered their price target on shares of Power Integrations from $70.00 to $55.00 and set a “positive” rating on the stock in a research report on Thursday, August 7th. Wall Street Zen lowered shares of Power Integrations from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of Power Integrations in a research report on Wednesday. Finally, Benchmark reduced their price target on Power Integrations from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $60.00.

About Power Integrations

Power Integrations, Inc designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems.