Davidson Investment Advisors Acquires 1,180 Shares of Analog Devices, Inc. $ADI

Key Points

• Davidson Investment Advisors increased its stake in Analog Devices by 1.3% during the 2nd quarter, acquiring an additional 1,180 shares, bringing their total holdings to 91,581 shares valued at approximately $21.8 million.
• Multiple hedge funds significantly changed their positions in Analog Devices, with Price T Rowe Associates growing their stake by 26.7% and Robeco Institutional Asset Management increasing its holdings by an impressive 229.6%.
• Analog Devices reported better-than-expected earnings for the quarter, achieving $2.05 EPS compared to the consensus estimate of $1.95, alongside a revenue increase of 24.6% year-over-year.

Davidson Investment Advisors grew its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 1.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,581 shares of the semiconductor company's stock after purchasing an additional 1,180 shares during the period. Davidson Investment Advisors' holdings in Analog Devices were worth $21,798,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Price T Rowe Associates Inc. MD raised its stake in Analog Devices by 26.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company's stock worth $2,304,098,000 after acquiring an additional 2,407,460 shares in the last quarter. Nuveen LLC bought a new stake in shares of Analog Devices in the 1st quarter worth about $351,943,000. Amundi increased its position in shares of Analog Devices by 29.2% during the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company's stock worth $785,071,000 after purchasing an additional 880,636 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in Analog Devices by 229.6% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 796,824 shares of the semiconductor company's stock valued at $160,695,000 after purchasing an additional 555,065 shares during the last quarter. Finally, Voya Investment Management LLC lifted its holdings in Analog Devices by 211.9% during the 1st quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company's stock valued at $150,295,000 after purchasing an additional 506,314 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Analog Devices

In related news, Director Edward H. Frank sold 1,000 shares of the business'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 transaction of $242,740.00. Following the completion of the transaction, the director owned 5,118 shares in the company, valued at approximately $1,242,343.32. The trade was a 16.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Katsufumi Nakamura sold 2,490 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the completion of the sale, the senior vice president directly owned 13,549 shares of the company's stock, valued at $3,360,558.47. The trade was a 15.52% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 49,115 shares of company stock worth $12,232,985. 0.33% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

ADI has been the subject of several recent analyst reports. Truist Financial raised their price objective on shares of Analog Devices from $219.00 to $249.00 and gave the stock a "hold" rating in a report on Thursday, August 21st. Benchmark raised their price target on Analog Devices from $260.00 to $285.00 and gave the company a "buy" rating in a report on Thursday, August 21st. Barclays boosted their price objective on Analog Devices from $185.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 21st. Seaport Res Ptn upgraded Analog Devices from a "strong sell" rating to a "hold" rating in a report on Monday, July 21st. Finally, Raymond James Financial upgraded Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a research note on Wednesday, June 18th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $275.29.

Analog Devices Price Performance

Shares of ADI stock opened at $235.40 on Wednesday. The firm's 50 day moving average price is $242.20 and its two-hundred day moving average price is $224.62. 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 52-week low of $158.65 and a 52-week high of $258.13. The stock has a market cap of $115.81 billion, a PE ratio of 60.05, a PEG ratio of 1.98 and a beta of 1.09.

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

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.7%. Analog Devices's dividend payout ratio (DPR) is 101.02%.

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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