Candriam S.C.A. Has $21.01 Million Holdings in Analog Devices, Inc. $ADI

Key Points

• Candriam S.C.A. significantly increased its position in Analog Devices, Inc. by 41.0% during the 1st quarter, holding shares valued at $21.01 million at the end of the period.
• Analog Devices reported earnings of $2.05 per share, exceeding analysts' expectations, and showcased a 24.6% year-over-year revenue increase.
• The company has announced a quarterly dividend of $0.99 per share, reflecting an annualized payout of $3.96 and a dividend yield of 1.6%.

Candriam S.C.A. increased its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 41.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 104,195 shares of the semiconductor company's stock after acquiring an additional 30,273 shares during the quarter. Candriam S.C.A.'s holdings in Analog Devices were worth $21,013,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of ADI. GAMMA Investing LLC raised its holdings in Analog Devices by 25,460.1% in the 1st quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock worth $446,037,000 after acquiring an additional 2,203,062 shares during the period. Nuveen LLC bought a new position in Analog Devices in the 1st quarter worth $351,943,000. Kovitz Investment Group Partners LLC raised its holdings in Analog Devices by 301.1% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 1,581,157 shares of the semiconductor company's stock worth $335,933,000 after acquiring an additional 1,186,981 shares during the period. Deutsche Bank AG raised its holdings in Analog Devices by 71.0% in the 4th quarter. Deutsche Bank AG now owns 2,158,914 shares of the semiconductor company's stock worth $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 raised its holdings in Analog Devices by 25.1% in 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 worth $708,260,000 after acquiring an additional 668,023 shares during the period. Institutional investors own 86.81% of the company's stock.

Analog Devices Price Performance

NASDAQ:ADI opened at $244.87 on Thursday. The firm has a market cap of $121.52 billion, a PE ratio of 66.72, a price-to-earnings-growth ratio of 2.12 and a beta of 1.05. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $247.73. The company has a quick ratio of 1.51, a current ratio of 2.08 and a debt-to-equity ratio of 0.19. The company's 50-day moving average price is $233.96 and its two-hundred day moving average price is $216.74.

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 18.65% and a return on equity of 9.56%. The company had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same period in the prior year, the business earned $1.58 earnings per share. Analog Devices's quarterly revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. Analog Devices's payout ratio is 107.90%.

Analyst Ratings Changes

Several research analysts recently commented on ADI shares. Wells Fargo & Company set a $235.00 target price on shares of Analog Devices and gave the stock an "equal weight" rating in a report on Monday, June 16th. Cfra Research downgraded shares of Analog Devices from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, May 22nd. Barclays boosted their price objective on shares of Analog Devices from $170.00 to $185.00 and gave the stock an "equal weight" rating in a report on Friday, May 23rd. Cantor Fitzgerald upgraded shares of Analog Devices from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $250.00 to $270.00 in a report on Wednesday, June 18th. Finally, Citigroup restated a "buy" rating and set a $290.00 price objective (up previously from $260.00) on shares of Analog Devices in a report on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, Analog Devices has a consensus rating of "Moderate Buy" and an average target price of $258.89.

Insider Activity

In other news, Director Ray Stata sold 3,125 shares of the company's 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 transaction, the director directly owned 167,571 shares in the company, valued at approximately $40,088,010.33. This represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.33% of the company's stock.

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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