1,901 Shares in Analog Devices, Inc. $ADI Purchased by Teza Capital Management LLC

Key Points

• Teza Capital Management has acquired a new stake in Analog Devices, Inc., purchasing 1,901 shares valued at approximately $383,000 during the first quarter.
• Multiple institutional investors have increased their holdings in Analog Devices, with Brighton Jones LLC growing its stake by 39.5% and Gotham Asset Management LLC by 10.1% in the last quarter.
• Several analysts recently upgraded their ratings for Analog Devices, with Raymond James Financial raising the stock's rating to strong-buy and Benchmark increasing the price target from $260 to $285.

Teza Capital Management LLC bought a new stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,901 shares of the semiconductor company's stock, valued at approximately $383,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. UniSuper Management Pty Ltd lifted its stake in Analog Devices by 0.7% in the first quarter. UniSuper Management Pty Ltd now owns 273,869 shares of the semiconductor company's stock valued at $55,231,000 after acquiring an additional 1,900 shares during the last quarter. Scientech Research LLC bought a new position in shares of Analog Devices in the first quarter valued at approximately $954,000. PharVision Advisers LLC bought a new position in shares of Analog Devices in the first quarter valued at approximately $333,000. Nearwater Capital Markets Ltd bought a new position in shares of Analog Devices in the first quarter valued at approximately $12,100,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Analog Devices by 3.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 447,352 shares of the semiconductor company's stock valued at $90,214,000 after purchasing an additional 15,848 shares during the period. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ADI shares. Needham & Company LLC reissued a "hold" rating on shares of Analog Devices in a research report on Thursday, August 21st. Seaport Res Ptn raised shares of Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Noble Financial raised shares of Analog Devices to an "outperform" rating in a research report on Wednesday, June 18th. Barclays boosted their target price on shares of Analog Devices from $185.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 21st. Finally, Williams Trading set a $260.00 target price on shares of Analog Devices in a research report on Friday, May 23rd. Two equities research 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 has an average rating of "Moderate Buy" and a consensus price target of $273.53.

Analog Devices Price Performance

Shares of NASDAQ:ADI traded down $2.53 on Friday, hitting $245.71. The stock had a trading volume of 966,597 shares, compared to its average volume of 3,906,015. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month 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 firm's 50 day moving average price is $238.99 and its 200-day moving average price is $220.41. The company has a market capitalization of $120.88 billion, a price-to-earnings ratio of 62.53, a price-to-earnings-growth ratio of 2.09 and a beta of 1.08.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its 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. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the previous year, the company earned $1.58 EPS. The firm's revenue for the quarter 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. On average, equities research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

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

Insider Activity

In other news, 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 value of $3,078,125.00. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ray Stata sold 3,125 shares of the business's stock in a transaction 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 sale, the director owned 167,571 shares in the company, valued at $40,088,010.33. This represents a 1.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 38,115 shares of company stock worth $9,529,113 over the last 90 days. 0.33% of the stock is currently owned by company insiders.

Analog Devices Company 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.