Generation Investment Management LLP Sells 229,307 Shares of Analog Devices, Inc. $ADI

Key Points

• Generation Investment Management LLP reduced its stake in Analog Devices by 9.2%, holding approximately 2.27 million shares valued at $457.76 million as of the latest SEC filing.
• Analog Devices reported a net margin of 18.85% and quarterly revenue of $2.88 billion, exceeding analysts' expectations and showing a year-over-year revenue increase of 24.6%.
• The company announced a quarterly dividend of $0.99 per share, set to be distributed on September 16th, which results in an annualized yield of 1.6%.

Generation Investment Management LLP cut its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 9.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,269,857 shares of the semiconductor company's stock after selling 229,307 shares during the quarter. Analog Devices comprises 2.8% of Generation Investment Management LLP's holdings, making the stock its 16th biggest position. Generation Investment Management LLP owned approximately 0.46% of Analog Devices worth $457,762,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ADI. Activest Wealth Management grew its position in shares of Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 127 shares during the period. Orion Capital Management LLC acquired a new position in shares of Analog Devices in the 4th quarter valued at approximately $27,000. Menard Financial Group LLC acquired a new position in Analog Devices during the 4th quarter worth approximately $27,000. Alpine Bank Wealth Management acquired a new position in Analog Devices during the 1st quarter worth approximately $27,000. Finally, N.E.W. Advisory Services LLC acquired a new position in Analog Devices during the 1st quarter worth approximately $33,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Stock Performance

Analog Devices stock traded up $0.96 during mid-day trading on Friday, hitting $247.07. 2,166,076 shares of the company's stock traded hands, compared to its average volume of 3,877,268. The firm has a 50 day simple moving average of $238.54 and a two-hundred day simple moving average of $220.20. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The stock has a market cap of $121.55 billion, a price-to-earnings ratio of 63.03, a P/E/G ratio of 2.09 and a beta of 1.08. 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 announced 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. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter last year, the firm posted $1.58 EPS. The company's quarterly revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, research 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 will be paid on Tuesday, September 16th. Shareholders 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 annualized dividend and a yield of 1.6%. Analog Devices's dividend payout ratio (DPR) is presently 101.02%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ADI. UBS Group reduced their price target on Analog Devices from $285.00 to $280.00 and set a "buy" rating for the company in a research report on Monday, July 7th. Seaport Res Ptn raised Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Barclays upped 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. Oppenheimer upped their price target on Analog Devices from $225.00 to $265.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Finally, KGI Securities initiated coverage on shares of Analog Devices in a research note on Friday, May 23rd. They issued a "buy" rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $273.53.

Insiders Place Their Bets

In other Analog Devices news, 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 transaction, the senior vice president 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ray Stata sold 3,125 shares of the 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 transaction, the director owned 167,571 shares in the company, valued at $40,088,010.33. The trade was a 1.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,615 shares of company stock worth $6,450,988 in the last 90 days. Company insiders own 0.33% of the company's stock.

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.