Analog Devices, Inc. $ADI Shares Acquired by 1832 Asset Management L.P.

Key Points

• 1832 Asset Management L.P. increased its holdings in Analog Devices, Inc. by 373.6% in Q1, owning 24,213 shares valued at approximately $4.88 million after acquiring an additional 19,100 shares.
• The company reported $2.05 EPS for its latest quarter, exceeding analysts' estimates of $1.95, with revenues of $2.88 billion up 24.6% year-over-year.
• Analog Devices declared a quarterly dividend of $0.99 per share, with an ex-dividend date set for September 2nd, representing an annualized yield of 1.6%.

1832 Asset Management L.P. increased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 373.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,213 shares of the semiconductor company's stock after purchasing an additional 19,100 shares during the period. 1832 Asset Management L.P.'s holdings in Analog Devices were worth $4,883,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD grew its position 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 worth $2,304,098,000 after buying an additional 2,407,460 shares during the last quarter. GAMMA Investing LLC grew its holdings in Analog Devices by 25,460.1% in the first quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock worth $446,037,000 after purchasing an additional 2,203,062 shares during the last quarter. Nuveen LLC acquired a new position in shares of Analog Devices during the first quarter worth $351,943,000. Deutsche Bank AG lifted its holdings in shares of Analog Devices by 71.0% during the 4th quarter. Deutsche Bank AG now owns 2,158,914 shares of the semiconductor company's stock valued at $458,683,000 after purchasing an additional 896,694 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Analog Devices by 25.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,333,615 shares of the semiconductor company's stock worth $708,260,000 after purchasing an additional 668,023 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors.

Analog Devices Price Performance

Shares of ADI stock traded down $2.87 during mid-day trading on Friday, hitting $251.38. 1,649,569 shares of the stock were exchanged, compared to its average volume of 3,973,105. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The company has a market cap of $123.67 billion, a PE ratio of 64.23, a price-to-earnings-growth ratio of 2.17 and a beta of 1.05. The firm has a fifty day moving average of $236.83 and a 200 day moving average of $218.67.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its 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. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same quarter last year, the business earned $1.58 earnings per share. The company's revenue for the quarter was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

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

Insider Transactions at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of the company's stock in a transaction on 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the completion of the transaction, the senior vice president directly owned 13,549 shares in the company, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,615 shares of company stock valued at $6,450,988 over the last ninety days. Insiders own 0.33% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Keefe, Bruyette & Woods raised Analog Devices to an "outperform" rating in a research report on Wednesday, June 18th. Zacks Research upgraded shares of Analog Devices from a "hold" rating to a "strong-buy" rating in a report on Friday, August 22nd. The Goldman Sachs Group initiated coverage on shares of Analog Devices in a research note on Thursday, July 10th. They issued a "buy" rating and a $285.00 target price for the company. Stifel Nicolaus raised their price target on shares of Analog Devices from $248.00 to $270.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Finally, TD Cowen boosted their price objective on shares of Analog Devices from $200.00 to $250.00 and gave the company a "buy" rating in a report on Friday, May 23rd. Two equities 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's stock. According to data from MarketBeat, Analog Devices presently has a consensus rating of "Moderate Buy" and a consensus target price of $273.53.

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.