American Century Companies Inc. Has $858.68 Million Stock Position in Analog Devices, Inc. $ADI

Key Points

• American Century Companies Inc. reduced its stake in Analog Devices by 1.1%, selling 48,097 shares during the first quarter, now holding approximately $858 million in value, consisting of 0.5% of its total portfolio.
• Analog Devices reported strong quarterly earnings, with $1.85 EPS surpassing estimates by $0.15 and revenues of $2.64 billion, which is a 22.3% increase year-over-year.
• The company announced a quarterly dividend of $0.99, representing an annualized dividend yield of 1.7%, with a notable dividend payout ratio of 107.90%.

American Century Companies Inc. lowered its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 1.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,257,840 shares of the semiconductor company's stock after selling 48,097 shares during the period. Analog Devices makes up approximately 0.5% of American Century Companies Inc.'s holdings, making the stock its 22nd biggest position. American Century Companies Inc. owned about 0.86% of Analog Devices worth $858,679,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. China Universal Asset Management Co. Ltd. lifted its position in shares of Analog Devices by 284.4% in the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company's stock worth $6,262,000 after buying an additional 22,973 shares during the last quarter. Freestone Grove Partners LP acquired a new position in shares of Analog Devices during the 4th quarter worth about $10,212,000. Sowell Financial Services LLC acquired a new position in shares of Analog Devices during the 1st quarter worth about $296,000. Keybank National Association OH lifted its position in shares of Analog Devices by 85.8% during the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock worth $5,461,000 after purchasing an additional 12,505 shares during the last quarter. Finally, Eastern Bank lifted its position in shares of Analog Devices by 6.0% during the 1st quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock worth $39,664,000 after purchasing an additional 11,101 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company's stock.

Analog Devices Price Performance

NASDAQ ADI traded up $8.8760 during trading hours on Wednesday, reaching $239.3160. 3,983,041 shares of the company's stock were exchanged, compared to its average volume of 3,934,697. The stock has a market cap of $118.76 billion, a PE ratio of 65.24, a price-to-earnings-growth ratio of 2.13 and a beta of 1.05. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $247.73. The firm has a fifty day moving average of $233.72 and a 200-day moving average of $216.55. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.19.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS 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 analyst estimates of $2.76 billion. Analog Devices had a return on equity of 9.56% and a net margin of 18.65%.Analog Devices's revenue for the quarter was up 24.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.7%. Analog Devices's dividend payout ratio is 107.90%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ADI. Seaport Res Ptn raised Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. UBS Group cut their price objective on Analog Devices from $285.00 to $280.00 and set a "buy" rating for the company in a research report on Monday, July 7th. Noble Financial upgraded Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. Citigroup restated a "buy" rating and set a $290.00 price target (up from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Finally, Raymond James Financial upgraded Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a research note on Wednesday, June 18th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Analog Devices has an average rating of "Moderate Buy" and a consensus price target of $258.89.

Insider Transactions at Analog Devices

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the company's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the transaction, the director owned 167,571 shares of the company's stock, valued at approximately $40,088,010.33. This represents a 1.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.33% of the company's stock.

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.