Robeco Institutional Asset Management B.V. Buys 98,180 Shares of Analog Devices, Inc. $ADI

Key Points

• Robeco Institutional Asset Management increased its stake in Analog Devices by 8.2%, buying 98,180 shares to hold 1,302,406 shares (~0.27% of the company) valued at about $353.2 million at the end of the quarter.
• Quarterly results beat expectations: ADI reported $2.46 EPS vs. $2.31 consensus and $3.16B revenue vs. $3.10B, with revenue up 30.4% year-over-year and Q2 guidance set at $2.73–$3.03 EPS.
• Several analysts raised targets into the $350–$400 range (Wells Fargo and Benchmark to $400), leaving a MarketBeat consensus rating of "Moderate Buy" and a consensus target of $367.81.

Robeco Institutional Asset Management B.V. boosted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 8.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,302,406 shares of the semiconductor company's stock after purchasing an additional 98,180 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.27% of Analog Devices worth $353,213,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in ADI. Clayton Financial Group LLC bought a new stake in shares of Analog Devices during the 3rd quarter valued at about $31,000. Y.D. More Investments Ltd bought a new stake in shares of Analog Devices during the 3rd quarter valued at about $32,000. LFA Lugano Financial Advisors SA grew its stake in shares of Analog Devices by 92.9% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 135 shares of the semiconductor company's stock valued at $33,000 after purchasing an additional 65 shares during the period. Albion Financial Group UT grew its stake in shares of Analog Devices by 41.4% during the 4th quarter. Albion Financial Group UT now owns 123 shares of the semiconductor company's stock valued at $33,000 after purchasing an additional 36 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC grew its stake in shares of Analog Devices by 61.3% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 129 shares of the semiconductor company's stock valued at $35,000 after purchasing an additional 49 shares during the period. 86.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ADI. Wells Fargo & Company increased their price target on shares of Analog Devices from $340.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday, February 19th. Benchmark increased their price target on shares of Analog Devices from $285.00 to $400.00 and gave the stock a "buy" rating in a research report on Thursday, February 19th. Bank of America increased their price target on shares of Analog Devices from $320.00 to $350.00 and gave the stock a "buy" rating in a research report on Wednesday, January 21st. Evercore reiterated an "outperform" rating and issued a $387.00 price target on shares of Analog Devices in a research report on Thursday, February 19th. Finally, Citigroup reiterated a "buy" rating on shares of Analog Devices in a research report on Thursday, February 19th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $367.81.

Insider Activity

In other news, CEO Vincent Roche sold 10,000 shares of the firm's stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $318.14, for a total transaction of $3,181,400.00. Following the sale, the chief executive officer directly owned 167,826 shares in the company, valued at $53,392,163.64. This trade represents a 5.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ray Stata sold 3,125 shares of the firm's stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $317.30, for a total transaction of $991,562.50. Following the sale, the director owned 123,821 shares in the company, valued at $39,288,403.30. The trade was a 2.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 30,449 shares of company stock worth $9,687,054 in the last three months. Company insiders own 0.36% of the company's stock.

Analog Devices Stock Down 0.3%

ADI opened at $350.14 on Friday. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21. Analog Devices, Inc. has a 1-year low of $167.20 and a 1-year high of $363.20. The company has a market capitalization of $170.94 billion, a PE ratio of 64.01, a PEG ratio of 1.61 and a beta of 1.05. The firm's 50 day simple moving average is $328.16 and its two-hundred day simple moving average is $285.50.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The semiconductor company reported $2.46 EPS for the quarter, beating the consensus estimate of $2.31 by $0.15. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.10 billion. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The company's revenue was up 30.4% on a year-over-year basis. During the same period last year, the firm earned $1.63 EPS. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. As a group, equities analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Stockholders of record on Tuesday, March 3rd were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Tuesday, March 3rd. This is a positive change from Analog Devices's previous quarterly dividend of $0.99. Analog Devices's payout ratio is 80.44%.

Analog Devices Profile

Analog Devices, Inc NASDAQ: ADI is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company's product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.

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