TCV Trust & Wealth Management Inc. Acquires Shares of 1,185 Analog Devices, Inc. $ADI

Key Points

• TCV Trust & Wealth Management Inc. invested approximately $282,000 in Analog Devices, Inc. by purchasing 1,185 shares during the second quarter.
• Institutional ownership in Analog Devices stands at 86.81%, with multiple investors increasing their stakes during the same period.
• Analog Devices recently reported quarterly earnings of $2.05 per share, exceeding estimates, and announced a quarterly dividend of $0.99 per share with a payout ratio of 101.02%.

TCV Trust & Wealth Management Inc. purchased a new position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,185 shares of the semiconductor company's stock, valued at approximately $282,000.

Several other institutional investors have also modified their holdings of ADI. Price T Rowe Associates Inc. MD raised its holdings in 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 valued at $2,304,098,000 after acquiring an additional 2,407,460 shares during the last quarter. GAMMA Investing LLC raised its holdings in Analog Devices by 25,460.1% in the 1st quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock valued at $446,037,000 after acquiring an additional 2,203,062 shares during the last quarter. Nuveen LLC acquired a new position in Analog Devices in the 1st quarter valued at $351,943,000. Amundi raised its holdings in Analog Devices by 29.2% in the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company's stock valued at $785,071,000 after acquiring an additional 880,636 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Analog Devices in the 4th quarter valued at $128,965,000. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analog Devices Stock Up 0.5%

Analog Devices stock traded up $1.29 during trading on Tuesday, reaching $248.63. 607,658 shares of the company's stock were exchanged, compared to its average volume of 3,866,194. The company's 50-day moving average is $239.26 and its two-hundred day moving average is $221.17. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The firm has a market cap of $122.31 billion, a price-to-earnings ratio of 63.42, a PEG ratio of 2.07 and a beta of 1.08.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.76 billion. During the same period in the prior year, the company earned $1.58 EPS. The firm's 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. On average, analysts predict 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 given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices's dividend payout ratio is 101.02%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Noble Financial upgraded Analog Devices to an "outperform" rating in a report on Wednesday, June 18th. Raymond James Financial upgraded Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a report on Wednesday, June 18th. Citigroup restated a "buy" rating and set a $290.00 price objective (up from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Evercore ISI upped their price objective on Analog Devices from $280.00 to $303.00 and gave the stock an "outperform" rating in a report on Thursday, August 21st. Finally, Morgan Stanley upped their price objective on Analog Devices from $273.00 to $288.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $273.53.

Insider Buying and Selling at Analog Devices

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the company'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 completion of the sale, the senior vice president directly owned 13,549 shares of the company's stock, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Vincent Roche sold 20,000 shares of the company's stock in a transaction 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 directly owned 23,515 shares of the company's stock, valued at approximately $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. Insiders sold a total of 41,240 shares of company stock valued at $10,300,738 in the last quarter. 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.