Chevy Chase Trust Holdings LLC Raises Stock Holdings in Analog Devices, Inc. $ADI

Key Points

• Chevy Chase Trust Holdings LLC increased its holdings in Analog Devices, Inc. by 0.7% during the second quarter, owning approximately 262,406 shares worth $62.46 million.
• Insiders sold 49,115 shares of Analog Devices stock for a total of $12.23 million over the last quarter, with notable sales by SVP Katsufumi Nakamura and Director Edward H. Frank.
• Analog Devices has announced a quarterly dividend of $0.99 per share, with a current dividend yield of 1.6%, alongside a projected EPS of 2.120-2.320 for Q4 2025.

Chevy Chase Trust Holdings LLC boosted its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 0.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 262,406 shares of the semiconductor company's stock after purchasing an additional 1,701 shares during the period. Chevy Chase Trust Holdings LLC owned about 0.05% of Analog Devices worth $62,458,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ADI. Price T Rowe Associates Inc. MD boosted its holdings in Analog Devices by 26.7% in the first 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 last quarter. Nuveen LLC purchased a new position in Analog Devices in the first quarter valued at about $351,943,000. Amundi raised its stake in Analog Devices by 29.2% during the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company's stock valued at $785,071,000 after buying an additional 880,636 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in Analog Devices by 229.6% during the first quarter. Robeco Institutional Asset Management B.V. now owns 796,824 shares of the semiconductor company's stock valued at $160,695,000 after buying an additional 555,065 shares in the last quarter. Finally, Voya Investment Management LLC raised its stake in Analog Devices by 211.9% during the first quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company's stock valued at $150,295,000 after buying an additional 506,314 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company's stock.

Insider Transactions at Analog Devices

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the firm's stock in a transaction that occurred 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of the firm's stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $242.74, for a total value of $242,740.00. Following the completion of the sale, the director owned 5,118 shares in the company, valued at approximately $1,242,343.32. This represents a 16.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,115 shares of company stock worth $12,232,985 over the last quarter. Insiders own 0.33% of the company's stock.

Analog Devices Stock Up 1.5%

Shares of Analog Devices stock opened at $241.61 on Friday. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The business's 50 day simple moving average is $242.92 and its 200-day simple moving average is $224.99. The stock has a market capitalization of $118.86 billion, a price-to-earnings ratio of 61.64, a PEG ratio of 2.01 and a beta of 1.09. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to analysts' expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business's quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were 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%. The ex-dividend date was Tuesday, September 2nd. Analog Devices's dividend payout ratio is presently 101.02%.

Analysts Set New Price Targets

Several analysts have issued reports on ADI shares. Stifel Nicolaus upped their price objective on Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, July 18th. Seaport Res Ptn upgraded Analog Devices from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Zacks Research upgraded Analog Devices from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 22nd. Piper Sandler upped their price objective on Analog Devices from $215.00 to $245.00 and gave the company a "neutral" rating in a research note on Thursday, August 21st. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of Analog Devices in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Analog Devices presently has an average rating of "Moderate Buy" and a consensus price target of $275.29.

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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