Union Bancaire Privee UBP SA Boosts Holdings in Analog Devices, Inc. $ADI

Key Points

• Union Bancaire Privee UBP SA increased its stake in Analog Devices, Inc. by 20.4% during the second quarter, bringing its total holdings to 11,539 shares worth approximately $2.67 million.
• Analysts have issued a mix of ratings, with the majority recommending a buy, and the consensus price target for Analog Devices set at $275.29.
• Analog Devices reported earnings of $2.05 per share in its quarterly results, exceeding estimates by $0.10, and revenue reached $2.88 billion, outperforming expectations as well.

Union Bancaire Privee UBP SA boosted its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 20.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,539 shares of the semiconductor company's stock after purchasing an additional 1,952 shares during the quarter. Union Bancaire Privee UBP SA's holdings in Analog Devices were worth $2,673,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. China Universal Asset Management Co. Ltd. increased its holdings in shares of Analog Devices by 284.4% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company's stock worth $6,262,000 after buying an additional 22,973 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in Analog Devices during the first quarter valued at about $296,000. Keybank National Association OH grew its holdings in shares of Analog Devices by 85.8% during the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock worth $5,461,000 after purchasing an additional 12,505 shares during the period. Eastern Bank increased its position in Analog Devices by 6.0% during the 1st quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock worth $39,664,000 after purchasing an additional 11,101 shares in the last quarter. Finally, McLean Asset Management Corp purchased a new position in Analog Devices in the second quarter valued at approximately $262,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ADI. UBS Group dropped their price objective on shares of Analog Devices from $285.00 to $280.00 and set a "buy" rating for the company in a research report on Monday, July 7th. The Goldman Sachs Group assumed coverage on Analog Devices in a report on Thursday, July 10th. They issued a "buy" rating and a $285.00 price target for the company. Morgan Stanley increased their price target on Analog Devices from $273.00 to $288.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Evercore ISI increased their price target on Analog Devices from $280.00 to $303.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Finally, KeyCorp increased their target price on Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Two equities research 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 company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $275.29.

Analog Devices Stock Up 0.4%

NASDAQ:ADI opened at $245.70 on Wednesday. The company has a market capitalization of $120.87 billion, a price-to-earnings ratio of 62.68, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The stock has a 50-day simple moving average of $240.08 and a 200 day simple moving average of $222.66. 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 (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. The business had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company's revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period last year, the firm earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Sell-side analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.99 dividend. 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 payout ratio is currently 101.02%.

Insider Buying and Selling at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the completion of the transaction, the director directly owned 155,071 shares of the company's stock, valued at approximately $38,290,131.32. The trade was a 1.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction that occurred 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 transaction, the senior vice president owned 13,549 shares of the company's stock, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders 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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