OMERS ADMINISTRATION Corp Sells 2,961 Shares of Analog Devices, Inc. $ADI

Key Points

• OMERS ADMINISTRATION Corp has reduced its holdings in Analog Devices, Inc. by 14.3%, now owning 17,786 shares valued at approximately $3.58 million.
• The company recently reported an EPS of $2.05 for the last quarter, exceeding analyst expectations and reflecting a 24.6% year-over-year revenue increase.
• Analog Devices announced a quarterly dividend of $0.99 per share, with an annualized yield of 1.6% and a payout ratio of 101.02%.

OMERS ADMINISTRATION Corp reduced its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 14.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,786 shares of the semiconductor company's stock after selling 2,961 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Analog Devices were worth $3,587,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position 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 purchasing an additional 359,841 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Analog Devices by 26.7% in 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. Raymond James Financial Inc. boosted its position 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 purchasing an additional 12,666 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position 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 purchasing an additional 668,023 shares in the last quarter. Finally, Nuveen Asset Management LLC boosted its position in shares of Analog Devices by 9.0% in the 4th quarter. Nuveen Asset Management LLC now owns 3,221,053 shares of the semiconductor company's stock worth $684,345,000 after purchasing an additional 266,532 shares in the last quarter. 86.81% of the stock is owned by institutional investors.

Insider Buying and Selling at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of the business's stock in a transaction on 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 sale, the director owned 167,571 shares of the company's stock, valued at $40,088,010.33. The trade was a 1.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 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 position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,615 shares of company stock worth $6,450,988. Insiders own 0.33% of the company's stock.

Analog Devices Stock Performance

ADI traded down $2.94 during mid-day trading on Friday, reaching $251.31. 3,598,994 shares of the company traded hands, compared to its average volume of 3,942,367. The stock has a market capitalization of $123.63 billion, a P/E ratio of 64.11, a P/E/G ratio of 2.14 and a beta of 1.08. 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 company's fifty day moving average price is $237.29 and its 200-day moving average price is $219.17. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13.

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, beating analysts' consensus estimates of $1.95 by $0.10. The business 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 company's quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, sell-side analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

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

Wall Street Analysts Forecast Growth

ADI has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Williams Trading set a $260.00 price objective on shares of Analog Devices in a report on Friday, May 23rd. Cowen restated a "buy" rating on shares of Analog Devices in a report on Friday, May 23rd. KGI Securities initiated coverage on shares of Analog Devices in a report on Friday, May 23rd. They issued a "buy" rating for the company. Finally, Piper Sandler boosted their price objective on shares of Analog Devices from $215.00 to $245.00 and gave the stock a "neutral" rating in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average 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.