Guggenheim Capital LLC Has $37.88 Million Stock Holdings in Analog Devices, Inc. $ADI

Key Points

• Guggenheim Capital LLC has reduced its stake in Analog Devices, Inc. by 13.5%, now holding 187,848 shares valued at approximately $37.88 million.
• Institutional investors currently own 86.81% of Analog Devices' stock, with several firms, including Price T Rowe Associates Inc. and GAMMA Investing LLC, increasing their positions significantly in the first quarter.
• Analog Devices recently declared a quarterly dividend of $0.99, with an annualized yield of 1.5%, despite a high dividend payout ratio of 101.02%.

Guggenheim Capital LLC decreased its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 13.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 187,848 shares of the semiconductor company's stock after selling 29,338 shares during the quarter. Guggenheim Capital LLC's holdings in Analog Devices were worth $37,883,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ADI. Price T Rowe Associates Inc. MD boosted its position in Analog Devices by 26.7% during 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 period. GAMMA Investing LLC boosted its position in Analog Devices by 25,460.1% during the 1st quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock valued at $446,037,000 after purchasing an additional 2,203,062 shares during the period. Nuveen LLC acquired a new position in Analog Devices during the 1st quarter valued at approximately $351,943,000. Deutsche Bank AG boosted its position in 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 period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Analog Devices by 25.1% during 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 valued at $708,260,000 after purchasing an additional 668,023 shares during the period. Institutional investors and hedge funds own 86.81% of the company's stock.

Insider Transactions at Analog Devices

In other news, SVP Katsufumi Nakamura sold 2,490 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the sale, the senior vice president owned 13,549 shares of the company's stock, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Vincent Roche sold 20,000 shares of the business's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the sale, the chief executive officer directly owned 23,515 shares in the company, valued at $5,979,629.35. This represents a 45.96% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,615 shares of company stock valued at $6,450,988. Corporate insiders own 0.33% of the company's stock.

Analog Devices Price Performance

Shares of ADI traded down $2.94 during midday trading on Friday, reaching $251.31. The stock had a trading volume of 3,598,994 shares, compared to its average volume of 3,949,447. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The firm's 50 day moving average price is $237.29 and its 200-day moving average price is $219.10. The company has a market capitalization of $123.63 billion, a P/E ratio of 64.11, a P/E/G ratio of 2.14 and a beta of 1.05.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the previous year, the business earned $1.58 EPS. The company's quarterly revenue 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. On average, analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Truist Financial boosted their price objective on Analog Devices from $219.00 to $249.00 and gave the company a "hold" rating in a research report on Thursday, August 21st. Seaport Res Ptn raised Analog Devices from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Noble Financial raised Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. Keefe, Bruyette & Woods raised Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. Finally, Evercore ISI lifted their target price on Analog Devices from $280.00 to $303.00 and gave the company an "outperform" rating in a research note on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average 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.