Epoch Investment Partners Inc. Sells 128,343 Shares of Analog Devices, Inc. $ADI

Key Points

• Epoch Investment Partners Inc. has reduced its stake in Analog Devices, Inc. by 24.5%, selling 128,343 shares, and now holds about 0.08% of the company valued at $79.6 million.
• Institutional investors hold 86.81% of Analog Devices, with notable stakes raised by firms like Heritage Financial Services and Continuum Advisory during the 1st quarter.
• Analysts have increased their price targets for Analog Devices, with a wide range including $250.00 and $273.53, reflecting a consensus rating of "Moderate Buy."

Epoch Investment Partners Inc. lowered its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 24.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 394,640 shares of the semiconductor company's stock after selling 128,343 shares during the quarter. Epoch Investment Partners Inc. owned 0.08% of Analog Devices worth $79,587,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Orion Capital Management LLC acquired a new stake in Analog Devices in the 4th quarter valued at approximately $27,000. Menard Financial Group LLC acquired a new stake in Analog Devices in the 4th quarter valued at approximately $27,000. Alpine Bank Wealth Management acquired a new stake in Analog Devices in the 1st quarter valued at approximately $27,000. N.E.W. Advisory Services LLC acquired a new stake in Analog Devices in the 1st quarter valued at approximately $33,000. Finally, North Capital Inc. bought a new position in Analog Devices in the first quarter valued at approximately $36,000. Institutional investors and hedge funds own 86.81% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ADI shares. Seaport Res Ptn raised Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Barclays boosted their price target on Analog Devices from $185.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 21st. Cfra Research lowered Analog Devices from a "strong-buy" rating to a "moderate buy" rating in a research report on Thursday, May 22nd. Keefe, Bruyette & Woods upgraded Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. Finally, Stifel Nicolaus lifted their target price on Analog Devices from $248.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, Analog Devices currently has a consensus rating of "Moderate Buy" and a consensus price target of $273.53.

Analog Devices Stock Performance

ADI traded down $2.94 during trading on Friday, hitting $251.31. The stock had a trading volume of 3,598,994 shares, compared to its average volume of 3,949,447. The company has a 50 day moving average price of $237.29 and a 200-day moving average price of $219.10. The firm has a market cap of $123.63 billion, a price-to-earnings ratio of 64.11, a P/E/G ratio of 2.14 and a beta of 1.05. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating 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 firm's quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be paid a $0.99 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $3.96 annualized dividend and a yield of 1.6%. Analog Devices's payout ratio is 101.02%.

Insider Activity at Analog Devices

In related news, Director Ray Stata sold 3,125 shares of the business's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total value of $747,593.75. Following the completion of the sale, the director directly owned 167,571 shares in the company, valued at $40,088,010.33. The trade was a 1.83% decrease in their position. The transaction 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 company's stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total value of $5,085,800.00. Following the sale, 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. Insiders sold 25,615 shares of company stock worth $6,450,988 in the last ninety days. 0.33% of the stock is owned by company insiders.

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.