Analog Devices, Inc. $ADI Stake Raised by Osterweis Capital Management Inc.

Key Points

• Osterweis Capital Management Inc. has raised its stake in Analog Devices, Inc. by 26.4% during the 1st quarter, resulting in ownership of 160,141 shares valued at approximately $32 million.
• Recent transactions by insiders include Director Ray Stata selling 3,125 shares and SVP Katsufumi Nakamura selling 2,490 shares, indicating decreased positions in the company for both individuals.
• Analog Devices reported earnings of $2.05 per share, surpassing analyst estimates, with a quarterly revenue of $2.88 billion, reflecting a year-over-year growth of 24.6%.

Osterweis Capital Management Inc. increased its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 26.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,141 shares of the semiconductor company's stock after acquiring an additional 33,450 shares during the period. Analog Devices comprises about 0.0% of Osterweis Capital Management Inc.'s holdings, making the stock its 29th largest holding. Osterweis Capital Management Inc.'s holdings in Analog Devices were worth $32,296,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ADI. Brighton Jones LLC raised its stake in shares of Analog Devices by 39.5% during the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company's stock worth $397,000 after purchasing an additional 529 shares in the last quarter. Graham Capital Management L.P. purchased a new stake in shares of Analog Devices during the 4th quarter worth about $333,000. NorthRock Partners LLC raised its stake in shares of Analog Devices by 51.3% during the 4th quarter. NorthRock Partners LLC now owns 6,160 shares of the semiconductor company's stock worth $1,309,000 after purchasing an additional 2,088 shares in the last quarter. Man Group plc raised its stake in shares of Analog Devices by 8.2% during the 4th quarter. Man Group plc now owns 7,972 shares of the semiconductor company's stock worth $1,694,000 after purchasing an additional 601 shares in the last quarter. Finally, Malaga Cove Capital LLC purchased a new stake in shares of Analog Devices during the 4th quarter worth about $257,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Analog Devices 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 value of $747,593.75. Following the sale, the director owned 167,571 shares of the company's stock, 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 this link. 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 value of $617,594.70. Following the completion of the sale, the senior vice president directly owned 13,549 shares in the company, valued at $3,360,558.47. This trade represents a 15.52% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 38,115 shares of company stock worth $9,529,113. Corporate insiders own 0.33% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. The Goldman Sachs Group assumed coverage on Analog Devices in a report on Thursday, July 10th. They set a "buy" rating and a $285.00 price objective on the stock. Barclays increased their price objective on Analog Devices from $185.00 to $240.00 and gave the company an "equal weight" rating in a report on Thursday, August 21st. Piper Sandler increased their price objective on Analog Devices from $215.00 to $245.00 and gave the company a "neutral" rating in a report on Thursday, August 21st. Needham & Company LLC reissued a "hold" rating on shares of Analog Devices in a report on Thursday, August 21st. Finally, Wall Street Zen raised Analog Devices from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Two equities research analysts have 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. According to data from MarketBeat, Analog Devices has an average rating of "Moderate Buy" and a consensus target price of $273.53.

Analog Devices Stock Performance

ADI opened at $248.24 on Friday. The firm has a market capitalization of $122.12 billion, a P/E ratio of 63.33, a price-to-earnings-growth ratio of 2.09 and a beta of 1.08. The stock's 50 day moving average price is $238.99 and its two-hundred day moving average price is $220.41. 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 12-month low of $158.65 and a 12-month high of $258.13.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company's 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 forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

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

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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