Plato Investment Management Ltd Acquires 3,597 Shares of Analog Devices, Inc. $ADI

Key Points

• Plato Investment Management Ltd increased its stake in Analog Devices, Inc. by 26.7%, acquiring an additional 3,597 shares, which brought their total holdings to 17,050 shares valued at approximately $3,476,000.
• Analog Devices recently reported $2.05 EPS for the quarter, exceeding expectations and showing a significant revenue increase of 24.6% year-over-year.
• The firm declared a quarterly dividend of $0.99 per share, with a payout ratio currently standing at 101.02%, and set the ex-dividend date as September 2nd.

Plato Investment Management Ltd increased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 26.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,050 shares of the semiconductor company's stock after buying an additional 3,597 shares during the quarter. Plato Investment Management Ltd's holdings in Analog Devices were worth $3,476,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Activest Wealth Management raised its stake in Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 127 shares in the last quarter. Orion Capital Management LLC bought a new position in Analog Devices in the 4th quarter valued at about $27,000. Menard Financial Group LLC acquired a new position in shares of Analog Devices in the 4th quarter valued at approximately $27,000. Alpine Bank Wealth Management bought a new stake in shares of Analog Devices during the 1st quarter worth approximately $27,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of Analog Devices during the 1st quarter worth approximately $33,000. Institutional investors own 86.81% of the company's stock.

Analog Devices Stock Performance

NASDAQ:ADI opened at $248.18 on Wednesday. The stock's 50-day moving average is $238.91 and its 200-day moving average is $220.15. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The stock has a market cap of $122.09 billion, a P/E ratio of 63.31, a price-to-earnings-growth ratio of 2.12 and a beta of 1.08.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its earnings results 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 for the quarter, compared to the consensus estimate of $2.76 billion. During the same period last year, the company earned $1.58 EPS. The firm's revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on ADI shares. Evercore ISI boosted their price objective on shares of Analog Devices from $280.00 to $303.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. UBS Group lowered their price target on Analog Devices from $285.00 to $280.00 and set a "buy" rating for the company in a report on Monday, July 7th. Morgan Stanley raised their price objective on Analog Devices from $273.00 to $288.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Stifel Nicolaus lifted their target price on Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Finally, Wall Street Zen raised shares of Analog Devices from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Two 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. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $273.53.

Insider Buying and Selling

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the firm's stock in a transaction that occurred 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 transaction, the director owned 167,571 shares in the company, valued at approximately $40,088,010.33. This trade represents a 1.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Martin Cotter sold 12,500 shares of the business's stock in a transaction 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 transaction, the senior vice president owned 63,048 shares in the company, valued at approximately $15,525,570. The trade was a 16.55% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 38,115 shares of company stock valued at $9,529,113. Company insiders own 0.33% of the company's stock.

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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