Unisphere Establishment Purchases Shares of 29,000 Analog Devices, Inc. $ADI

Key Points

• Unisphere Establishment has acquired 29,000 shares of Analog Devices, Inc. (NASDAQ:ADI), valued at approximately $5.85 million, according to a recent filing with the SEC.
• Analog Devices reported earnings of $2.05 per share for the last quarter, exceeding analyst expectations of $1.95, and showed a 24.6% increase in revenue compared to the previous year.
• The company declared a quarterly dividend of $0.99 per share, with a yield of 1.6%, and a dividend payout ratio of 101.02% announced.

Unisphere Establishment purchased a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 29,000 shares of the semiconductor company's stock, valued at approximately $5,848,000.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Analog Devices by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company's stock valued at $9,975,681,000 after buying an additional 359,841 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in Analog Devices by 26.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company's stock valued at $2,304,098,000 after buying an additional 2,407,460 shares during the last quarter. Raymond James Financial Inc. raised its position in Analog Devices by 0.3% in the 1st quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company's stock valued at $793,616,000 after buying an additional 12,666 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Analog Devices by 25.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,333,615 shares of the semiconductor company's stock valued at $708,260,000 after purchasing an additional 668,023 shares during the period. Finally, Nuveen Asset Management LLC grew its stake in Analog Devices by 9.0% in the 4th quarter. Nuveen Asset Management LLC now owns 3,221,053 shares of the semiconductor company's stock valued at $684,345,000 after purchasing an additional 266,532 shares during the period. Institutional investors and hedge funds own 86.81% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ADI shares. Barclays upped their price objective on Analog Devices from $185.00 to $240.00 and gave the company an "equal weight" rating in a research note on Thursday, August 21st. KeyCorp lifted their price target on shares of Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Needham & Company LLC reaffirmed a "hold" rating on shares of Analog Devices in a research report on Thursday, August 21st. Citigroup reaffirmed a "buy" rating and set a $290.00 price target (up previously from $260.00) on shares of Analog Devices in a research report on Monday, July 7th. Finally, Benchmark increased their target price on Analog Devices from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $273.53.

Analog Devices Stock Up 0.4%

Shares of Analog Devices stock traded up $0.96 during trading on Friday, hitting $247.07. The company's stock had a trading volume of 2,166,076 shares, compared to its average volume of 3,877,268. The company has a market capitalization of $121.55 billion, a PE ratio of 63.03, a P/E/G ratio of 2.09 and a beta of 1.08. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The company has a fifty day simple moving average of $238.54 and a two-hundred day simple moving average of $220.20.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.76 billion. During the same period in the previous year, the company earned $1.58 earnings per share. The business's revenue for the quarter was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, September 2nd. Analog Devices's payout ratio is currently 101.02%.

Insider Buying and Selling

In other Analog Devices news, CEO Vincent Roche sold 20,000 shares of the business's stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the sale, the chief executive officer directly owned 23,515 shares of the company's stock, valued at $5,979,629.35. The trade was a 45.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the completion of the sale, the senior vice president directly owned 13,549 shares of the company's stock, valued at $3,360,558.47. The trade was a 15.52% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 25,615 shares of company stock worth $6,450,988. Corporate insiders own 0.33% of the company's stock.

About Analog Devices

Analog Devices, Inc designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. The company provides data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; power management and reference products for power conversion, driver monitoring, sequencing, and energy management applications in the automotive, communications, industrial, and consumer markets; and power ICs that include performance, integration, and software design simulation tools for accurate power supply designs.