Point72 Europe London LLP Has $17.14 Million Position in Analog Devices, Inc. $ADI

Key Points

• Point72 Europe London LLP increased its stake in Analog Devices by 11.4%, acquiring an additional 8,700 shares, bringing its total holdings to 85,000 shares valued at approximately $17.14 million.
• Analog Devices recently reported earnings of $2.05 EPS for the quarter, exceeding analysts' expectations and indicating a 24.6% increase in revenue year-over-year.
• The company announced a quarterly dividend of $0.99 per share, with a payout ratio of 101.02%, reflecting its commitment to returning value to shareholders.

Point72 Europe London LLP lifted its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 11.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 85,000 shares of the semiconductor company's stock after acquiring an additional 8,700 shares during the period. Point72 Europe London LLP's holdings in Analog Devices were worth $17,142,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Orion Capital Management LLC bought a new position in shares of Analog Devices in the 4th quarter valued at approximately $27,000. Menard Financial Group LLC bought a new position in Analog Devices in the 4th quarter worth approximately $27,000. Activest Wealth Management lifted its holdings in shares of Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after buying an additional 127 shares during the last quarter. Alpine Bank Wealth Management acquired a new position in shares of Analog Devices during the first quarter worth approximately $27,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Analog Devices in the first quarter valued at approximately $33,000. 86.81% of the stock is owned by institutional investors.

Analog Devices Price Performance

ADI stock traded up $1.56 during trading on Thursday, hitting $246.11. The company had a trading volume of 3,300,538 shares, compared to its average volume of 3,970,278. The company has a fifty day moving average price of $238.16 and a two-hundred day moving average price of $219.80. 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 company has a market cap of $121.08 billion, a P/E ratio of 62.78, a P/E/G ratio of 2.14 and a beta of 1.08. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.Analog Devices's quarterly revenue was up 24.6% on a year-over-year basis. 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. Equities research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently declared 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 yield of 1.6%. Analog Devices's payout ratio is currently 101.02%.

Analyst Ratings Changes

Several brokerages have recently issued reports on ADI. Williams Trading set a $260.00 price objective on shares of Analog Devices in a research note on Friday, May 23rd. The Goldman Sachs Group began coverage on shares of Analog Devices in a research note on Thursday, July 10th. They issued a "buy" rating and a $285.00 price objective on the stock. KGI Securities began coverage on shares of Analog Devices in a research note on Friday, May 23rd. They issued a "buy" rating on the stock. KeyCorp raised their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Finally, Citigroup restated a "buy" rating and issued a $290.00 price objective (up previously from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Analog Devices currently has an average rating of "Moderate Buy" and an average price target of $273.53.

Insider Activity at Analog Devices

In related news, Director Ray Stata sold 3,125 shares of the business's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total value of $747,593.75. Following 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 filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 value of $617,594.70. Following the completion of the sale, the senior vice president directly owned 13,549 shares in the company, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,615 shares of company stock valued at $6,450,988 in the last 90 days. 0.33% of the stock is owned by corporate insiders.

About Analog Devices

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.