Analog Devices, Inc. $ADI Shares Acquired by Generali Asset Management SPA SGR

Key Points

• Generali Asset Management SPA SGR increased its stake in Analog Devices by 13.7% in the second quarter, now holding 24,015 shares valued at approximately $5.7 million.
• Analog Devices surpassed earnings expectations with $2.05 EPS for the last quarter, a significant increase from $1.58 EPS during the same period last year, driven by a 24.6% revenue growth.
• The company recently declared a quarterly dividend of $0.99 per share, maintaining a dividend yield of 1.7%, despite a payout ratio exceeding 100%.

Generali Asset Management SPA SGR lifted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 13.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,015 shares of the semiconductor company's stock after purchasing an additional 2,888 shares during the period. Generali Asset Management SPA SGR's holdings in Analog Devices were worth $5,716,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Activest Wealth Management boosted its holdings in shares of Analog Devices by 6,350.0% during the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 127 shares during the last quarter. RMG Wealth Management LLC acquired a new position in shares of Analog Devices during the 2nd quarter worth approximately $26,000. Alpine Bank Wealth Management acquired a new position in shares of Analog Devices during the 1st quarter worth approximately $27,000. N.E.W. Advisory Services LLC acquired a new position in shares of Analog Devices during the 1st quarter worth approximately $33,000. Finally, North Capital Inc. purchased a new stake in shares of Analog Devices during the 1st quarter valued at approximately $36,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Stock Up 1.2%

Shares of NASDAQ ADI opened at $238.15 on Thursday. The business's 50 day moving average is $242.55 and its two-hundred day moving average is $224.72. The firm has a market cap of $117.16 billion, a price-to-earnings ratio of 60.75, a PEG ratio of 1.98 and a beta of 1.09. 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, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping 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 net margin of 18.85% and a return on equity of 10.32%. The company's quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms have recently commented on ADI. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Analog Devices in a research report on Wednesday, October 8th. Piper Sandler lifted their price target on shares of Analog Devices from $215.00 to $245.00 and gave the company a "neutral" rating in a research report on Thursday, August 21st. Citigroup reaffirmed a "buy" rating and set a $290.00 price target (up previously from $260.00) on shares of Analog Devices in a research report on Monday, July 7th. Benchmark lifted their price target on shares of Analog Devices from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Finally, Stifel Nicolaus lifted their price target on shares of Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat, Analog Devices has a consensus rating of "Moderate Buy" and an average target price of $275.29.

Insiders Place Their Bets

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

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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