Landscape Capital Management L.L.C. Acquires 1,801 Shares of Analog Devices, Inc. $ADI

Key Points

• Landscape Capital Management L.L.C. increased its stake in Analog Devices, Inc. by 46.7% in Q1, holding a total worth of $1.14 million in shares.
• Institutional investors own 86.81% of Analog Devices' stock, indicating strong institutional interest in the semiconductor company.
• Analog Devices recently reported a quarterly EPS of $2.05, exceeding analyst expectations and illustrating a 24.6% year-over-year revenue growth.

Landscape Capital Management L.L.C. increased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 46.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,658 shares of the semiconductor company's stock after purchasing an additional 1,801 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Analog Devices were worth $1,141,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in ADI. Price T Rowe Associates Inc. MD increased 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 purchasing an additional 2,407,460 shares in the last quarter. GAMMA Investing LLC increased its position in Analog Devices by 25,460.1% during the 1st 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 in the last quarter. Nuveen LLC acquired a new position in Analog Devices during the 1st quarter worth approximately $351,943,000. Deutsche Bank AG increased its position in Analog Devices by 71.0% during the 4th quarter. Deutsche Bank AG now owns 2,158,914 shares of the semiconductor company's stock worth $458,683,000 after purchasing an additional 896,694 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Analog Devices by 25.1% in the 4th 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 acquiring an additional 668,023 shares during the period. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Stock Down 1.2%

Shares of ADI stock traded down $2.99 on Tuesday, hitting $248.32. The stock had a trading volume of 2,727,337 shares, compared to its average volume of 3,977,676. The stock has a market cap of $122.16 billion, a price-to-earnings ratio of 63.35, a price-to-earnings-growth ratio of 2.14 and a beta of 1.08. The business has a 50 day moving average of $237.70 and a 200 day moving average of $219.42. 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, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13.

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

Analog Devices Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 1.6%. Analog Devices's dividend payout ratio is presently 101.02%.

Analysts Set New Price Targets

ADI has been the topic of a number of recent research reports. Zacks Research upgraded shares of Analog Devices from a "hold" rating to a "strong-buy" rating in a report on Friday, August 22nd. Citigroup reaffirmed a "buy" rating and set a $290.00 target price (up from $260.00) on shares of Analog Devices in a report on Monday, July 7th. UBS Group decreased their price target on Analog Devices from $285.00 to $280.00 and set a "buy" rating for the company in a research note on Monday, July 7th. KGI Securities assumed coverage on Analog Devices in a research report on Friday, May 23rd. They set a "buy" rating for the company. Finally, Truist Financial upped their target price on Analog Devices from $219.00 to $249.00 and gave the company a "hold" rating in a report on Thursday, August 21st. 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 company. According to MarketBeat, Analog Devices presently has an average rating of "Moderate Buy" and a consensus target price of $273.53.

Insider Activity at Analog Devices

In related news, Director Ray Stata sold 3,125 shares of the stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total transaction of $747,593.75. Following the completion of the transaction, the director owned 167,571 shares in the company, valued at approximately $40,088,010.33. This represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction dated Thursday, August 21st. The shares were 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 of the company's stock, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 25,615 shares of company stock worth $6,450,988. 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.