Federated Hermes Inc. trimmed its holdings in Silicon Laboratories, Inc. (NASDAQ:SLAB – Free Report) by 17.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 453,027 shares of the semiconductor company’s stock after selling 97,665 shares during the period. Federated Hermes Inc. owned 1.38% of Silicon Laboratories worth $66,758,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quarry LP purchased a new stake in Silicon Laboratories during the 1st quarter valued at about $25,000. Jones Financial Companies Lllp boosted its holdings in shares of Silicon Laboratories by 121.4% during the 1st quarter. Jones Financial Companies Lllp now owns 496 shares of the semiconductor company’s stock worth $56,000 after purchasing an additional 272 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Silicon Laboratories by 38.4% during the 1st quarter. Advisors Asset Management Inc. now owns 631 shares of the semiconductor company’s stock worth $71,000 after purchasing an additional 175 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Silicon Laboratories in the first quarter valued at approximately $77,000. Finally, Ethic Inc. acquired a new stake in shares of Silicon Laboratories in the second quarter valued at approximately $217,000.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Silicon Laboratories in a research note on Monday, December 1st. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Silicon Laboratories presently has a consensus rating of “Hold” and an average target price of $153.43.
Silicon Laboratories Stock Performance
SLAB stock opened at $141.52 on Monday. Silicon Laboratories, Inc. has a one year low of $82.82 and a one year high of $160.00. The firm has a market cap of $4.65 billion, a PE ratio of -53.61 and a beta of 1.56. The firm’s 50 day moving average price is $129.74 and its 200-day moving average price is $133.75.
Silicon Laboratories (NASDAQ:SLAB – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.02. Silicon Laboratories had a negative return on equity of 6.04% and a negative net margin of 11.58%.The company had revenue of $206.00 million during the quarter, compared to analyst estimates of $205.04 million. Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. Equities research analysts predict that Silicon Laboratories, Inc. will post -0.97 EPS for the current fiscal year.
About Silicon Laboratories
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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