Analog Devices, Inc. $ADI Shares Sold by Groupe la Francaise

Key Points

• Groupe la Francaise reduced its holdings in Analog Devices, Inc. (ADI) by 16.4%, selling 7,341 shares and valuing its remaining stake at approximately $7.85 million.
• Analysts have varied outlooks; UBS Group lowered their price target from $285.00 to $280.00 while JPMorgan Chase & Co. raised theirs from $300.00 to $310.00, with a consensus rating of "Moderate Buy".
• Analog Devices reported earnings of $2.05 per share in the last quarter, surpassing estimates, and announced a quarterly dividend of $0.99 per share to be paid on September 16th.

Groupe la Francaise decreased its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 16.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,558 shares of the semiconductor company's stock after selling 7,341 shares during the period. Groupe la Francaise's holdings in Analog Devices were worth $7,847,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Orion Capital Management LLC acquired a new position in Analog Devices during the 4th quarter worth about $27,000. Menard Financial Group LLC acquired a new stake in Analog Devices in the 4th quarter valued at about $27,000. Alpine Bank Wealth Management acquired a new stake in Analog Devices in the 1st quarter valued at about $27,000. N.E.W. Advisory Services LLC acquired a new stake in Analog Devices in the 1st quarter valued at about $33,000. Finally, North Capital Inc. acquired a new stake in Analog Devices in the 1st quarter valued at about $36,000. Institutional investors and hedge funds own 86.81% of the company's stock.

Wall Street Analyst Weigh In

ADI has been the topic of a number of analyst reports. UBS Group reduced their price target 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. Oppenheimer increased their price target on Analog Devices from $225.00 to $265.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. Keefe, Bruyette & Woods raised Analog Devices to an "outperform" rating in a research report on Wednesday, June 18th. JPMorgan Chase & Co. increased their price target on Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research report on Thursday. Finally, Benchmark increased their price target on Analog Devices from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $273.53.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $252.20 on Friday. The stock's 50-day simple moving average is $234.80 and its 200-day simple moving average is $217.35. The firm has a market capitalization of $125.15 billion, a PE ratio of 64.34, a price-to-earnings-growth ratio of 2.19 and a beta of 1.05. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.51 and a current ratio of 2.32. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $257.22.

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 analysts' consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion for 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 quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the business 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 EPS for the current fiscal year.

Analog Devices Announces Dividend

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

Insider Transactions at Analog Devices

In related news, Director Ray Stata sold 3,125 shares of the firm's stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the transaction, the director owned 167,571 shares in the company, valued at $40,088,010.33. This trade represents a 1.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.33% of the stock is owned by corporate insiders.

Analog Devices 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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