Analog Devices, Inc. $ADI Shares Acquired by Bayforest Capital Ltd

Key Points

• Bayforest Capital Ltd increased its holdings in Analog Devices, Inc. by 553.8%, acquiring an additional 1,905 shares, bringing its total to $454,000 in value.
• Multiple analysts have upgraded their ratings for Analog Devices, with target prices now ranging from $273.00 to $310.00 as they anticipate strong growth ahead.
• The company reported a quarterly earnings per share of $2.05, exceeding expectations, and announced a dividend of $0.99 per share to be paid in September.

Bayforest Capital Ltd boosted its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 553.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,249 shares of the semiconductor company's stock after acquiring an additional 1,905 shares during the period. Bayforest Capital Ltd's holdings in Analog Devices were worth $454,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Analog Devices by 0.7% during the first quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company's stock valued at $9,975,681,000 after acquiring an additional 359,841 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of 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 purchasing an additional 2,407,460 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of Analog Devices by 0.3% during the 1st quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company's stock worth $793,616,000 after acquiring an additional 12,666 shares in the last quarter. Amundi lifted its position in Analog Devices by 29.2% during the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company's stock worth $785,071,000 after acquiring an additional 880,636 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Analog Devices by 1.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,397,181 shares of the semiconductor company's stock valued at $685,109,000 after acquiring an additional 63,566 shares during the period. 86.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ADI. Evercore ISI boosted their price objective on Analog Devices from $280.00 to $303.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. Needham & Company LLC restated a "hold" rating on shares of Analog Devices in a research note on Thursday, August 21st. Zacks Research upgraded shares of Analog Devices from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 22nd. Morgan Stanley lifted their price objective on Analog Devices from $273.00 to $288.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Finally, JPMorgan Chase & Co. upped their target price 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. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $273.53.

Analog Devices Stock Down 0.3%

Shares of ADI stock opened at $248.18 on Wednesday. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The firm has a market capitalization of $122.09 billion, a P/E ratio of 63.31, a PEG ratio of 2.12 and a beta of 1.08. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The firm's fifty day moving average price is $238.91 and its two-hundred day moving average price is $220.15.

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 (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.10. The business 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 company's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.99 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. Analog Devices's dividend payout ratio (DPR) is currently 101.02%.

Insider Buying and Selling

In related news, Director Ray Stata sold 3,125 shares of the company's stock in a transaction dated 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 sale, the director owned 167,571 shares of the company's stock, valued at $40,088,010.33. This represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The shares were 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 owned 13,549 shares in the company, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,115 shares of company stock worth $9,529,113 in the last quarter. 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.

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