Analog Devices, Inc. $ADI Shares Acquired by Aberdeen Group plc

Key Points

• Aberdeen Group plc increased its holdings in Analog Devices, Inc. by 39.1%, owning 826,715 shares worth approximately $164.2 million after purchasing an additional 232,296 shares in the first quarter.
• The company reported earnings per share of $1.85 for the last quarter, exceeding estimates and marking a 22.3% year-over-year revenue increase to $2.64 billion.
• Analog Devices declared a quarterly dividend of $0.99 per share, resulting in a 1.7% yield, although its dividend payout ratio is notably high at 107.90%.

Aberdeen Group plc increased its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 39.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 826,715 shares of the semiconductor company's stock after purchasing an additional 232,296 shares during the quarter. Aberdeen Group plc owned 0.17% of Analog Devices worth $164,219,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADI. Orion Capital Management LLC purchased a new position in Analog Devices in the 4th quarter valued at about $27,000. Menard Financial Group LLC acquired a new position in shares of Analog Devices in the fourth quarter worth about $27,000. Alpine Bank Wealth Management purchased a new position in Analog Devices in the first quarter valued at about $27,000. N.E.W. Advisory Services LLC acquired a new stake in Analog Devices during the 1st quarter valued at approximately $33,000. Finally, North Capital Inc. purchased a new stake in Analog Devices during the 1st quarter worth approximately $36,000. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analyst Upgrades and Downgrades

ADI has been the subject of several research analyst reports. Morgan Stanley reduced their target price on Analog Devices from $214.00 to $212.00 and set an "overweight" rating for the company in a research note on Friday, May 23rd. Piper Sandler cut their price target on shares of Analog Devices from $240.00 to $215.00 and set a "neutral" rating on the stock in a report on Friday, May 23rd. KeyCorp increased their price objective on shares of Analog Devices from $285.00 to $300.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Keefe, Bruyette & Woods raised shares of Analog Devices to an "outperform" rating in a research report on Wednesday, June 18th. Finally, Williams Trading set a $260.00 target price on shares of Analog Devices in a research note on Friday, May 23rd. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $258.89.

Insider Transactions at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of the business's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total transaction of $747,593.75. Following the completion of the transaction, the director owned 167,571 shares of the company's stock, valued at approximately $40,088,010.33. The trade was a 1.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.33% of the company's stock.

Analog Devices Stock Performance

ADI stock traded up $14.43 during midday trading on Wednesday, reaching $244.87. The company had a trading volume of 8,527,034 shares, compared to its average volume of 3,561,183. The firm has a market capitalization of $121.52 billion, a PE ratio of 66.72, a P/E/G ratio of 2.12 and a beta of 1.05. The stock has a 50 day moving average price of $233.96 and a 200 day moving average price of $216.74. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $247.73. The company has a quick ratio of 1.51, a current ratio of 2.08 and a debt-to-equity ratio of 0.19.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to analysts' expectations of $2.76 billion. Analog Devices had a return on equity of 9.56% and a net margin of 18.65%.The business's quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. Analog Devices's payout ratio is 107.90%.

Analog Devices Company Profile

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.