Robeco Institutional Asset Management B.V. Sells 20,065 Shares of Analog Devices, Inc. $ADI

Key Points

• Robeco Institutional Asset Management B.V. has reduced its stake in Analog Devices, Inc. by selling 20,065 shares, now holding 776,759 shares, which equates to approximately 0.16% of the company worth $184.88 million.
• Analog Devices reported a 24.6% year-over-year increase in quarterly revenue, with earnings per share of $2.05, exceeding analysts' expectations of $1.95.
• The firm recently declared a quarterly dividend of $0.99 per share, indicating a 1.7% annual yield despite a high dividend payout ratio of over 100%.

Robeco Institutional Asset Management B.V. lessened its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 2.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 776,759 shares of the semiconductor company's stock after selling 20,065 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.16% of Analog Devices worth $184,884,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ADI. Brighton Jones LLC increased its holdings in Analog Devices by 39.5% during the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company's stock worth $397,000 after purchasing an additional 529 shares in the last quarter. Two Sigma Investments LP bought a new position in Analog Devices during the 4th quarter worth about $906,000. Merit Financial Group LLC increased its holdings in Analog Devices by 61.5% during the 1st quarter. Merit Financial Group LLC now owns 9,331 shares of the semiconductor company's stock worth $1,882,000 after purchasing an additional 3,555 shares in the last quarter. Fulton Bank N.A. increased its holdings in Analog Devices by 4.9% during the 1st quarter. Fulton Bank N.A. now owns 2,094 shares of the semiconductor company's stock worth $422,000 after purchasing an additional 98 shares in the last quarter. Finally, RFG Advisory LLC increased its holdings in Analog Devices by 3.8% during the 1st quarter. RFG Advisory LLC now owns 2,151 shares of the semiconductor company's stock worth $434,000 after purchasing an additional 79 shares in the last quarter. Institutional investors own 86.81% of the company's stock.

Analog Devices Trading Down 2.6%

Analog Devices stock opened at $239.28 on Thursday. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The stock has a market capitalization of $117.71 billion, a P/E ratio of 61.04, a PEG ratio of 2.07 and a beta of 1.09. The stock has a 50-day simple moving average of $240.30 and a 200 day simple moving average of $222.78.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.76 billion. During the same quarter last year, the company posted $1.58 earnings per share. Analog Devices's quarterly revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.7%. Analog Devices's dividend payout ratio (DPR) is presently 101.02%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Barclays increased their target price on Analog Devices from $185.00 to $240.00 and gave the stock an "equal weight" rating in a report on Thursday, August 21st. Stifel Nicolaus raised their price objective on Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a report on Friday, July 18th. Noble Financial upgraded Analog Devices to an "outperform" rating in a report on Wednesday, June 18th. Zacks Research upgraded Analog Devices from a "hold" rating to a "strong-buy" rating in a report on Friday, August 22nd. Finally, UBS Group decreased their price objective on Analog Devices from $285.00 to $280.00 and set a "buy" rating for the company in a report on Monday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Analog Devices presently has an average rating of "Moderate Buy" and a consensus price target of $275.29.

Insiders Place Their Bets

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the firm's stock in a transaction that occurred 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 sale, the senior vice president directly owned 63,048 shares in the company, valued at $15,525,570. This trade represents a 16.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Vincent Roche sold 20,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the sale, the chief executive officer owned 23,515 shares of the company's stock, valued at $5,979,629.35. This trade represents a 45.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 41,240 shares of company stock worth $10,300,738. Company insiders own 0.33% of the company's stock.

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.

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