Analog Devices, Inc. $ADI Holdings Decreased by Bayforest Capital Ltd

Key Points

• Bayforest Capital Ltd decreased its holdings in Analog Devices, Inc. by 47.8%, owning 1,173 shares worth approximately $279,000 after selling 1,076 shares.
• Analog Devices recently reported $2.05 earnings per share for the last quarter, surpassing estimates and demonstrating a 24.6% year-over-year revenue increase.
• The company declared a quarterly dividend of $0.99 per share, resulting in an annualized dividend of $3.96 and a dividend yield of 1.7%.

Bayforest Capital Ltd trimmed its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 47.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,173 shares of the semiconductor company's stock after selling 1,076 shares during the quarter. Bayforest Capital Ltd's holdings in Analog Devices were worth $279,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Baader Bank Aktiengesellschaft raised its position in Analog Devices by 3.9% during the second quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company's stock valued at $270,000 after buying an additional 43 shares during the period. Bennett Associates Wealth Management raised its position in Analog Devices by 2.9% during the second quarter. Bennett Associates Wealth Management now owns 1,624 shares of the semiconductor company's stock valued at $387,000 after buying an additional 46 shares during the period. EFG Asset Management North America Corp. raised its position in Analog Devices by 0.3% during the first quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company's stock valued at $2,866,000 after buying an additional 47 shares during the period. Plimoth Trust Co. LLC raised its position in Analog Devices by 1.8% during the second quarter. Plimoth Trust Co. LLC now owns 2,623 shares of the semiconductor company's stock valued at $624,000 after buying an additional 47 shares during the period. Finally, Regatta Capital Group LLC raised its position in Analog Devices by 4.5% during the second quarter. Regatta Capital Group LLC now owns 1,124 shares of the semiconductor company's stock valued at $268,000 after buying an additional 48 shares during the period. 86.81% of the stock is currently owned by institutional investors.

Insider Activity

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the firm's stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total value of $771,625.00. Following the sale, the director owned 155,071 shares of the company's stock, valued at $38,290,131.32. This trade represents a 1.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Edward H. Frank sold 1,000 shares of the company's stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the transaction, the director owned 5,118 shares of the company's stock, valued at approximately $1,242,343.32. This trade represents a 16.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 49,115 shares of company stock worth $12,232,985 over the last 90 days. Company insiders own 0.33% of the company's stock.

Analog Devices Stock Performance

ADI opened at $238.15 on Thursday. The company has a market cap of $117.16 billion, a PE ratio of 60.75, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09. The stock has a 50-day moving average of $242.55 and a 200-day moving average of $224.72. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. 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 (NASDAQ:ADI - Get Free Report) last released its quarterly 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. The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The firm's revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities research analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices's dividend payout ratio is 101.02%.

Analyst Ratings Changes

ADI has been the topic of several research reports. Zacks Research raised Analog Devices from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 22nd. Keefe, Bruyette & Woods raised Analog Devices to an "outperform" rating in a research report on Wednesday, June 18th. Needham & Company LLC reaffirmed a "hold" rating on shares of Analog Devices in a research report on Thursday, August 21st. Seaport Res Ptn raised Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Finally, UBS Group dropped their target price on Analog Devices from $285.00 to $280.00 and set a "buy" rating on the stock in a research report on Monday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $275.29.

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.

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