Nan Shan Life Insurance Co. Ltd. Grows Holdings in Analog Devices, Inc. $ADI

Key Points

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Nan Shan Life Insurance Co. Ltd. grew its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 20.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 274,828 shares of the semiconductor company's stock after buying an additional 46,779 shares during the period. Analog Devices makes up about 1.3% of Nan Shan Life Insurance Co. Ltd.'s holdings, making the stock its 20th biggest holding. Nan Shan Life Insurance Co. Ltd. owned 0.06% of Analog Devices worth $55,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of Analog Devices by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company's stock worth $9,975,681,000 after acquiring an additional 359,841 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of Analog Devices by 8.4% in the 4th quarter. Northern Trust Corp now owns 5,521,162 shares of the semiconductor company's stock worth $1,173,026,000 after acquiring an additional 427,328 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Analog Devices by 0.3% in the 1st quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company's stock worth $793,616,000 after acquiring an additional 12,666 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Analog Devices by 5.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 3,715,313 shares of the semiconductor company's stock worth $789,356,000 after acquiring an additional 181,309 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of 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 worth $708,260,000 after acquiring an additional 668,023 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analog Devices Trading Up 2.1%

NASDAQ ADI traded up $5.25 during trading on Friday, hitting $252.20. The company had a trading volume of 4,988,997 shares, compared to its average volume of 3,656,419. The company has a current ratio of 2.32, a quick ratio of 1.51 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $257.22. The company has a market cap of $125.15 billion, a price-to-earnings ratio of 64.34, a price-to-earnings-growth ratio of 2.19 and a beta of 1.05. The company's fifty day moving average is $234.80 and its 200-day moving average is $217.35.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping 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 analyst estimates of $2.76 billion. During the same period in the prior year, the business earned $1.58 EPS. The company's revenue for the quarter was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, sell-side analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be issued a $0.99 dividend. 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 101.02%.

Insider Buying and Selling

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the company's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total value of $747,593.75. Following the completion of the transaction, the director directly owned 167,571 shares in the company, valued at approximately $40,088,010.33. This represents a 1.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.33% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ADI. Wall Street Zen upgraded shares of Analog Devices from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Cowen restated a "buy" rating on shares of Analog Devices in a report on Friday, May 23rd. Cantor Fitzgerald upgraded shares of Analog Devices from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $250.00 to $270.00 in a report on Wednesday, June 18th. The Goldman Sachs Group initiated coverage on shares of Analog Devices in a report on Thursday, July 10th. They set a "buy" rating and a $285.00 price target for the company. Finally, Williams Trading set a $260.00 price target on shares of Analog Devices in a report on Friday, May 23rd. One investment analyst has 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $273.53.

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.