J. Safra Sarasin Holding AG Buys 58,502 Shares of Analog Devices, Inc. $ADI

Key Points

• J. Safra Sarasin Holding AG increased its stake in Analog Devices, Inc. by 71.2%, acquiring an additional 58,502 shares in the second quarter, bringing its total holdings to 140,618 shares valued at approximately $33.47 million.
• Analog Devices reported quarterly earnings of $2.05 per share, exceeding analysts' estimates, with revenues of $2.88 billion—a year-over-year increase of 24.6%.
• The company announced a $0.99 quarterly dividend, reflecting an annualized payout of $3.96 and a yield of 1.7%, despite a high dividend payout ratio of 101.02%.

J. Safra Sarasin Holding AG lifted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 71.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 140,618 shares of the semiconductor company's stock after purchasing an additional 58,502 shares during the quarter. J. Safra Sarasin Holding AG's holdings in Analog Devices were worth $33,470,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. China Universal Asset Management Co. Ltd. boosted its stake in Analog Devices by 284.4% in the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company's stock valued at $6,262,000 after buying an additional 22,973 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Analog Devices in the 1st quarter valued at approximately $296,000. Keybank National Association OH grew its holdings in shares of Analog Devices by 85.8% during the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock valued at $5,461,000 after purchasing an additional 12,505 shares during the last quarter. Eastern Bank lifted its stake in Analog Devices by 6.0% in the 1st quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock valued at $39,664,000 after purchasing an additional 11,101 shares during the last quarter. Finally, McLean Asset Management Corp acquired a new stake in Analog Devices in the second quarter valued at approximately $262,000. Institutional investors and hedge funds own 86.81% of the company's stock.

Analog Devices Stock Down 2.6%

Analog Devices stock opened at $239.28 on Thursday. The firm has a 50 day moving average price of $240.30 and a two-hundred day moving average price of $222.78. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The firm has a market cap of $117.71 billion, a price-to-earnings ratio of 61.04, a PEG ratio of 2.07 and a beta of 1.09.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping analysts' consensus estimates 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 net margin of 18.85% and a return on equity of 10.32%. Analog Devices's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices's dividend payout ratio (DPR) is 101.02%.

Wall Street Analyst Weigh In

ADI has been the subject of several research analyst reports. Wells Fargo & Company upped their price target on shares of Analog Devices from $235.00 to $250.00 and gave the stock an "equal weight" rating in a report on Thursday, August 21st. Piper Sandler upped their target price on Analog Devices from $215.00 to $245.00 and gave the stock a "neutral" rating in a report on Thursday, August 21st. Evercore ISI increased 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. The Goldman Sachs Group started coverage on Analog Devices in a report on Thursday, July 10th. They set a "buy" rating and a $285.00 price target on the stock. Finally, Stifel Nicolaus upped their price objective on Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a research note on Friday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $275.29.

Insider Transactions at Analog Devices

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the firm's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the transaction, the director directly owned 155,071 shares of the company's stock, valued at approximately $38,290,131.32. This trade represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the sale, the senior vice president directly owned 13,549 shares of the company's stock, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 41,240 shares of company stock worth $10,300,738. 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.

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