Analog Devices, Inc. $ADI Stock Position Lowered by Lansdowne Partners UK LLP

Key Points

• Lansdowne Partners UK LLP reduced its stake in Analog Devices by 29.8%, holding approximately $39.70 million worth of the stock, making it the firm's 6th largest position.
• Analog Devices reported $2.05 earnings per share for the latest quarter, exceeding estimates, with revenues increasing by 24.6% year-over-year.
• The company declared a quarterly dividend of $0.99 per share, indicating a dividend yield of 1.5%, though it has a payout ratio of 101.02%.

Lansdowne Partners UK LLP trimmed its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 29.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 196,829 shares of the semiconductor company's stock after selling 83,631 shares during the period. Analog Devices accounts for 5.6% of Lansdowne Partners UK LLP's holdings, making the stock its 6th biggest position. Lansdowne Partners UK LLP's holdings in Analog Devices were worth $39,695,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ADI. Price T Rowe Associates Inc. MD lifted its holdings in Analog Devices by 26.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company's stock valued at $2,304,098,000 after purchasing an additional 2,407,460 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Analog Devices by 25,460.1% in the first quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock worth $446,037,000 after buying an additional 2,203,062 shares in the last quarter. Nuveen LLC purchased a new position in shares of Analog Devices in the first quarter worth about $351,943,000. Deutsche Bank AG lifted 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 worth $458,683,000 after buying an additional 896,694 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Analog Devices by 25.1% in 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 worth $708,260,000 after buying an additional 668,023 shares in the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analog Devices Stock Down 1.2%

Analog Devices stock traded down $2.94 during trading on Monday, reaching $251.31. The stock had a trading volume of 3,598,994 shares, compared to its average volume of 3,942,367. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The business has a 50 day moving average price of $237.29 and a 200 day moving average price of $219.17. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The stock has a market cap of $123.63 billion, a PE ratio of 64.11, a P/E/G ratio of 2.14 and a beta of 1.08.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping the consensus estimate 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%. The company's revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 2nd. Analog Devices's payout ratio is presently 101.02%.

Insider Activity

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the transaction, 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Vincent Roche sold 20,000 shares of the company's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total transaction 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 disclosure for this sale can be found here. Insiders have sold 25,615 shares of company stock valued at $6,450,988 in the last ninety days. 0.33% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ADI shares. UBS Group decreased their price target on shares of Analog Devices from $285.00 to $280.00 and set a "buy" rating on the stock in a research note on Monday, July 7th. TD Cowen raised their price target on shares of Analog Devices from $200.00 to $250.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. Benchmark raised their price target on shares of Analog Devices from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Stifel Nicolaus raised their price objective on shares of Analog Devices from $248.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. Finally, Cantor Fitzgerald upgraded shares of Analog Devices from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $250.00 to $270.00 in a research report on Wednesday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $273.53.

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.