Mn Services Vermogensbeheer B.V. Purchases 3,700 Shares of Analog Devices, Inc. $ADI

Key Points

• Mn Services Vermogensbeheer B.V. raised its position in Analog Devices, Inc. by 2.0%, accumulating a total of 185,493 shares valued at $44.15 million.
• Several large investors increased their stakes in Analog Devices, with institutional ownership now at 86.81% of the company's stock.
• Analog Devices recently announced a quarterly dividend of $0.99 per share, representing a yield of 1.6%, although the dividend payout ratio is currently above 100% at 101.02%.

Mn Services Vermogensbeheer B.V. raised its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 2.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 185,493 shares of the semiconductor company's stock after purchasing an additional 3,700 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Analog Devices were worth $44,151,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its stake in 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. Man Group plc boosted its position in Analog Devices by 8.2% during the fourth 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 during the period. Two Sigma Advisers LP bought a new position in Analog Devices during the fourth quarter worth $1,471,000. Two Sigma Investments LP acquired a new stake in shares of Analog Devices during the fourth quarter worth $906,000. Finally, Westwood Holdings Group Inc. acquired a new stake in shares of Analog Devices during the fourth quarter worth $930,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ADI. Needham & Company LLC reaffirmed a "hold" rating on shares of Analog Devices in a research note on Thursday, August 21st. Evercore ISI boosted their price target on Analog Devices from $280.00 to $303.00 and gave the stock an "outperform" rating in a report on Thursday, August 21st. JPMorgan Chase & Co. boosted their price target on Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Barclays boosted their price target on Analog Devices from $185.00 to $240.00 and gave the stock an "equal weight" rating in a report on Thursday, August 21st. Finally, Cantor Fitzgerald upgraded Analog Devices from a "neutral" rating to an "overweight" rating and upped their target price for the company from $250.00 to $270.00 in a report on Wednesday, June 18th. Two 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. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $273.53.

Analog Devices Stock Down 1.5%

Shares of NASDAQ:ADI traded down $3.72 during trading on Friday, reaching $245.33. 5,182,569 shares of the stock were exchanged, compared to its average volume of 2,970,356. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The stock has a fifty day moving average of $239.18 and a two-hundred day moving average of $221.03. The firm has a market cap of $120.69 billion, a price-to-earnings ratio of 62.58, a price-to-earnings-growth ratio of 2.07 and a beta of 1.08.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating analysts' consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion during 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%.Analog Devices's quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.58 EPS. 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 fiscal year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices's dividend payout ratio is presently 101.02%.

Insider Buying and Selling

In related news, CEO Vincent Roche sold 20,000 shares of the 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 of the company's stock, valued at approximately $5,979,629.35. This represents a 45.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the completion of the sale, the director directly owned 155,071 shares of the company's stock, valued at $38,290,131.32. The trade was a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 41,240 shares of company stock valued at $10,300,738. 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.