Amundi Has $785.07 Million Stock Position in Analog Devices, Inc. $ADI

Key Points

• Amundi has increased its ownership in Analog Devices, Inc. (NASDAQ:ADI) by 29.2% during the first quarter, acquiring a total of approximately 3.89 million shares valued at $785 million.
• Recent insider sales included CEO Vincent Roche offloading 20,000 shares for over $5 million, representing a 45.96% decrease in his stake, while SVP Katsufumi Nakamura sold 2,490 shares valued at nearly $618,000.
• JPMorgan Chase & Co. and Evercore ISI raised their price targets for Analog Devices to $310 and $303 respectively, reflecting growing analyst confidence, with the stock currently rated as a "Moderate Buy".

Amundi increased its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 29.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,892,848 shares of the semiconductor company's stock after purchasing an additional 880,636 shares during the period. Amundi owned approximately 0.78% of Analog Devices worth $785,071,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. 3G Capital Partners LP increased its position in shares of Analog Devices by 48.1% in the first quarter. 3G Capital Partners LP now owns 200,000 shares of the semiconductor company's stock worth $40,334,000 after purchasing an additional 65,000 shares during the period. Paragon Private Wealth Management LLC increased its position in shares of Analog Devices by 21.4% in the first quarter. Paragon Private Wealth Management LLC now owns 2,392 shares of the semiconductor company's stock worth $482,000 after purchasing an additional 422 shares during the period. Unisphere Establishment bought a new position in shares of Analog Devices in the first quarter worth $5,848,000. EP Wealth Advisors LLC increased its position in shares of Analog Devices by 61.0% in the first quarter. EP Wealth Advisors LLC now owns 8,767 shares of the semiconductor company's stock worth $1,768,000 after purchasing an additional 3,320 shares during the period. Finally, PDT Partners LLC bought a new position in shares of Analog Devices in the first quarter worth $585,000. Institutional investors own 86.81% of the company's stock.

Analog Devices Trading Up 0.4%

Shares of ADI stock traded up $0.96 during mid-day trading on Friday, reaching $247.07. 2,166,076 shares of the stock traded hands, compared to its average volume of 3,877,268. The stock's fifty day simple moving average is $238.54 and its two-hundred day simple moving average is $220.20. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The company has a market cap of $121.55 billion, a price-to-earnings ratio of 63.03, a price-to-earnings-growth ratio of 2.09 and a beta of 1.08. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating analysts' consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same period last year, the firm posted $1.58 earnings per share. The business's revenue for the quarter was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, research analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors 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 dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 2nd. Analog Devices's payout ratio is currently 101.02%.

Analyst Ratings Changes

A number of brokerages recently commented on ADI. Needham & Company LLC restated a "hold" rating on shares of Analog Devices in a research report on Thursday, August 21st. Oppenheimer raised their price objective on Analog Devices from $225.00 to $265.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Noble Financial raised Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. The Goldman Sachs Group assumed coverage on Analog Devices in a research note on Thursday, July 10th. They issued a "buy" rating and a $285.00 price objective on the stock. Finally, Cantor Fitzgerald raised Analog Devices from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $250.00 to $270.00 in a research note on Wednesday, June 18th. Two 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 MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $273.53.

Insider Buying and Selling

In related news, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total value of $747,593.75. Following the completion of the transaction, the director directly owned 167,571 shares in the company, valued at approximately $40,088,010.33. This represents a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,615 shares of company stock valued at $6,450,988 over the last ninety days. 0.33% of the stock is owned by company insiders.

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.