Baird Financial Group Inc. Has $94.38 Million Stock Holdings in Analog Devices, Inc. $ADI

Key Points

• Baird Financial Group Inc. increased its holdings in Analog Devices by 3.1% in Q1, owning 467,969 shares worth approximately $94.4 million.
• Recent insider trading includes significant sales by Director Ray Stata and CEO Vincent Roche, reducing their ownership by 1.83% and 45.96%, respectively.
• Analog Devices reported a quarterly EPS of $2.05, exceeding estimates, with revenue of $2.88 billion, marking a 24.6% increase year-over-year.

Baird Financial Group Inc. boosted its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 3.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 467,969 shares of the semiconductor company's stock after purchasing an additional 14,116 shares during the period. Baird Financial Group Inc. owned approximately 0.09% of Analog Devices worth $94,375,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in ADI. Price T Rowe Associates Inc. MD grew its position in shares of 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 acquiring an additional 2,407,460 shares during the period. GAMMA Investing LLC grew its position in shares of 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 acquiring an additional 2,203,062 shares during the period. Nuveen LLC bought a new stake in shares of Analog Devices during the 1st quarter valued at $351,943,000. Deutsche Bank AG grew its position 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 acquiring an additional 896,694 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of 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 acquiring an additional 668,023 shares during the period. Institutional investors own 86.81% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on ADI shares. Cfra Research downgraded shares of Analog Devices from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, May 22nd. Barclays lifted their target price on shares of Analog Devices from $185.00 to $240.00 and gave the company an "equal weight" rating in a research note on Thursday, August 21st. Oppenheimer lifted their target price on shares of Analog Devices from $225.00 to $265.00 and gave the company an "outperform" rating in a research note on Friday, May 16th. Keefe, Bruyette & Woods upgraded shares of Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. Finally, Citigroup restated a "buy" rating and set a $290.00 target price (up previously from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Two investment 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 stock. Based on data from MarketBeat, Analog Devices presently has an average rating of "Moderate Buy" and an average price target of $273.53.

Analog Devices Stock Performance

Shares of Analog Devices stock traded down $3.77 on Wednesday, reaching $244.55. The stock had a trading volume of 3,038,429 shares, compared to its average volume of 3,974,252. The business's 50-day moving average price is $237.96 and its two-hundred day moving average price is $219.62. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 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 $258.13. The stock has a market cap of $120.31 billion, a P/E ratio of 62.39, a price-to-earnings-growth ratio of 2.14 and a beta of 1.08.

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, topping analysts' consensus estimates 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 in the previous year, the firm posted $1.58 earnings per share. Analog Devices's 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, sell-side analysts forecast that Analog Devices, Inc. will post 7.14 EPS 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 given a dividend of $0.99 per share. The ex-dividend date 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 is presently 101.02%.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 20,000 shares of the company's stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the transaction, the chief executive officer directly owned 23,515 shares in the company, valued at approximately $5,979,629.35. This represents a 45.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction that occurred 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 in the company, valued at $40,088,010.33. This represents a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,615 shares of company stock worth $6,450,988. Company insiders own 0.33% of the company's stock.

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.