DekaBank Deutsche Girozentrale Cuts Stake in Analog Devices, Inc. $ADI

Key Points

• DekaBank Deutsche Girozentrale has reduced its stake in Analog Devices, Inc. by 0.7%, now owning approximately 999,243 shares valued at $236.07 million.
• Insider transactions included CEO Vincent Roche selling 20,000 shares, marking a 45.96% decrease in his holdings, while Director Edward H. Frank sold 1,000 shares, a 16.35% decrease.
• Analog Devices reported a quarterly earnings per share of $2.05, surpassing estimates and showing a 24.6% year-over-year revenue increase.

DekaBank Deutsche Girozentrale lowered its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 0.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 999,243 shares of the semiconductor company's stock after selling 7,187 shares during the period. DekaBank Deutsche Girozentrale owned about 0.20% of Analog Devices worth $236,068,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ADI. Activest Wealth Management increased its stake in shares of Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock valued at $26,000 after buying an additional 127 shares during the period. RMG Wealth Management LLC purchased a new position in shares of Analog Devices during the second quarter valued at $26,000. Alpine Bank Wealth Management purchased a new position in shares of Analog Devices during the first quarter valued at $27,000. N.E.W. Advisory Services LLC purchased a new position in shares of Analog Devices during the first quarter valued at $33,000. Finally, North Capital Inc. purchased a new position in shares of Analog Devices during the first quarter valued at $36,000. Hedge funds and other institutional investors own 86.81% of the company's stock.

Insider Transactions at Analog Devices

In other news, Director Edward H. Frank sold 1,000 shares of the firm's stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the completion of the transaction, the director directly owned 5,118 shares in the company, valued at $1,242,343.32. This trade represents a 16.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Vincent Roche sold 20,000 shares of the firm's stock in a transaction dated 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 transaction, the chief executive officer owned 23,515 shares of the company's stock, valued at approximately $5,979,629.35. The trade was a 45.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

ADI has been the topic of a number of recent research reports. Wells Fargo & Company raised their price objective on Analog Devices from $235.00 to $250.00 and gave the company an "equal weight" rating in a research report on Thursday, August 21st. Evercore ISI raised their price objective on Analog Devices from $280.00 to $303.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. Stifel Nicolaus raised their price objective on Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Analog Devices in a research report on Wednesday, October 8th. Finally, Seaport Res Ptn raised Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the stock. According to 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 NASDAQ ADI opened at $246.22 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The company has a market cap of $121.13 billion, a PE ratio of 62.81, a P/E/G ratio of 2.05 and a beta of 1.09. The business has a 50-day simple moving average of $243.74 and a two-hundred day simple moving average of $226.35. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13.

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

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices's dividend payout ratio (DPR) is presently 101.02%.

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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