Analog Devices, Inc. $ADI Shares Acquired by Ieq Capital LLC

Key Points

• Ieq Capital LLC increased its stake in Analog Devices, Inc. (ADI) by 46.1%, holding 32,300 shares valued at $6.51 million following the purchase of 10,197 additional shares in Q1.
• The semiconductor company reported $2.05 EPS for the latest quarter, surpassing analysts' expectations of $1.95, with a year-over-year revenue increase of 24.6%.
• Analog Devices announced a quarterly dividend of $0.99 per share, yielding an annualized total of $3.96, despite a payout ratio of 101.02%.

Ieq Capital LLC increased its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 46.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,300 shares of the semiconductor company's stock after acquiring an additional 10,197 shares during the period. Ieq Capital LLC's holdings in Analog Devices were worth $6,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ADI. Orion Capital Management LLC acquired a new stake in Analog Devices during the 4th quarter worth about $27,000. Menard Financial Group LLC acquired a new stake in Analog Devices during the 4th quarter worth about $27,000. Alpine Bank Wealth Management acquired a new stake in Analog Devices during the 1st quarter worth about $27,000. N.E.W. Advisory Services LLC acquired a new stake in Analog Devices during the 1st quarter worth about $33,000. Finally, North Capital Inc. acquired a new stake in Analog Devices during the 1st quarter worth about $36,000. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on ADI shares. Barclays raised their target price on Analog Devices from $185.00 to $240.00 and gave the company an "equal weight" rating in a research report on Thursday, August 21st. Zacks Research upgraded Analog Devices from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 22nd. JPMorgan Chase & Co. raised their target price on Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Evercore ISI raised their target price on Analog Devices from $280.00 to $303.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. Finally, Morgan Stanley raised their target price on Analog Devices from $273.00 to $288.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $273.53.

Insider Transactions at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of the business's stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the transaction, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the transaction, the senior vice president owned 13,549 shares in the company, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 25,615 shares of company stock valued at $6,450,988 over the last ninety days. Insiders own 0.33% of the company's stock.

Analog Devices Price Performance

Shares of NASDAQ:ADI traded down $2.94 during trading on Friday, reaching $251.31. The stock had a trading volume of 3,598,994 shares, compared to its average volume of 3,942,367. 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 business has a fifty day moving average price of $237.29 and a 200-day moving average price of $219.17. The stock has a market cap of $123.63 billion, a PE ratio of 64.11, a PEG ratio of 2.14 and a beta of 1.08. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year 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 (EPS) for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business's revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

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