Federation des caisses Desjardins du Quebec Cuts Stock Holdings in Analog Devices, Inc. $ADI

Key Points

• Federation des caisses Desjardins du Quebec reduced its stake in Analog Devices, Inc. by 5.2%, bringing its total holdings to 150,692 shares valued at approximately $30.39 million.
• The company reported a quarterly earnings per share of $2.05, exceeding analysts' expectations of $1.95, with a revenue of $2.88 billion, which is a 24.6% increase year-over-year.
• Insider transactions were noted, with CEO Vincent Roche selling 20,000 shares, leading to a significant decrease in his stock ownership, highlighting active management involvement in stock trades.

Federation des caisses Desjardins du Quebec lowered its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 5.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 150,692 shares of the semiconductor company's stock after selling 8,198 shares during the period. Federation des caisses Desjardins du Quebec's holdings in Analog Devices were worth $30,390,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD grew its position in Analog Devices by 26.7% during the 1st 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 during the last quarter. GAMMA Investing LLC grew its holdings in Analog Devices by 25,460.1% during the first quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock worth $446,037,000 after purchasing an additional 2,203,062 shares during the period. Nuveen LLC bought a new stake in shares of Analog Devices during the first quarter worth approximately $351,943,000. Deutsche Bank AG boosted its stake in shares of Analog Devices by 71.0% in the fourth quarter. Deutsche Bank AG now owns 2,158,914 shares of the semiconductor company's stock valued at $458,683,000 after buying an additional 896,694 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Analog Devices by 25.1% during the fourth 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 valued at $708,260,000 after purchasing an additional 668,023 shares in the last quarter. Institutional investors own 86.81% of the company's stock.

Analog Devices Stock Up 0.4%

Shares of NASDAQ ADI traded up $0.96 during midday trading on Friday, hitting $247.07. The stock had a trading volume of 2,166,076 shares, compared to its average volume of 3,877,268. The business's 50 day moving average is $238.54 and its 200-day moving average is $220.05. The company has a market cap of $121.55 billion, a P/E ratio of 63.03, a PEG ratio of 2.10 and a beta of 1.08. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24.

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

Analog Devices Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on ADI. Evercore ISI increased their price objective on shares of Analog Devices from $280.00 to $303.00 and gave the stock an "outperform" rating in a research report on Thursday, August 21st. Oppenheimer boosted their price target on shares of Analog Devices from $225.00 to $265.00 and gave the company an "outperform" rating in a research report on Friday, May 16th. UBS Group dropped their price objective on shares of Analog Devices from $285.00 to $280.00 and set a "buy" rating for the company in a report on Monday, July 7th. Keefe, Bruyette & Woods raised Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. Finally, KGI Securities began coverage on shares of Analog Devices in a research report on Friday, May 23rd. They set a "buy" rating on the stock. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Analog Devices presently has an average rating of "Moderate Buy" and an average price target of $273.53.

Insider Activity at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 20,000 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 23,515 shares in the company, valued at approximately $5,979,629.35. This trade represents a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction on Thursday, August 21st. The stock was 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 approximately $3,360,558.47. This trade represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,615 shares of company stock worth $6,450,988 over the last quarter. Company insiders own 0.33% of the company's stock.

About Analog Devices

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.