MBB Public Markets I LLC Acquires New Position in Analog Devices, Inc. $ADI

Key Points

• MBB Public Markets I LLC acquired a new stake in Analog Devices, purchasing 1,536 shares worth approximately $310,000.
• Institutional investors collectively own 86.81% of Analog Devices' stock, with significant positions increased by firms like China Universal Asset Management and Keybank National Association.
• Analog Devices announced a quarterly dividend of $0.99 per share, set to be paid on September 16th, representing a yield of 1.6%.

MBB Public Markets I LLC acquired a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,536 shares of the semiconductor company's stock, valued at approximately $310,000.

Other institutional investors have also modified their holdings of the company. China Universal Asset Management Co. Ltd. grew its position in shares of Analog Devices by 284.4% during the 1st 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 during the last quarter. Sowell Financial Services LLC bought a new stake in shares of Analog Devices during the 1st quarter valued at about $296,000. Keybank National Association OH grew its position 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 buying an additional 12,505 shares during the last quarter. Eastern Bank grew its position in shares of Analog Devices by 6.0% during the 1st quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock valued at $39,664,000 after buying an additional 11,101 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its position in shares of Analog Devices by 4.3% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 6,072 shares of the semiconductor company's stock valued at $1,224,000 after buying an additional 251 shares during the last quarter. Institutional investors own 86.81% of the company's stock.

Insider Buying and Selling at Analog Devices

In related news, SVP Martin Cotter sold 12,500 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the completion of the sale, the senior vice president directly owned 63,048 shares of the company's stock, valued at $15,525,570. This represents a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were 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. This represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 38,115 shares of company stock valued at $9,529,113 in the last ninety days. Company insiders own 0.33% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have commented on ADI. UBS Group decreased their target price on shares of Analog Devices from $285.00 to $280.00 and set a "buy" rating for the company in a research report on Monday, July 7th. Raymond James Financial upgraded shares of Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Wednesday, June 18th. Wall Street Zen upgraded shares of Analog Devices from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Piper Sandler upped their target price on shares of Analog Devices from $215.00 to $245.00 and gave the stock a "neutral" rating in a research report on Thursday, August 21st. Finally, Oppenheimer upped their target price on shares of Analog Devices from $225.00 to $265.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned 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 target price of $273.53.

Analog Devices Trading Down 0.4%

Analog Devices stock opened at $247.21 on Thursday. The firm has a 50 day simple moving average of $238.95 and a 200-day simple moving average of $220.34. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The stock has a market capitalization of $121.61 billion, a PE ratio of 63.06, a price-to-earnings-growth ratio of 2.11 and a beta of 1.08. 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 data 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 net margin of 18.85% and a return on equity of 10.32%. The business had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.76 billion. During the same period last year, the firm posted $1.58 earnings per share. The business's 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. As a group, equities research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be paid a dividend of $0.99 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.96 annualized dividend and a yield of 1.6%. Analog Devices's dividend 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.

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