UniSuper Management Pty Ltd Grows Position in Analog Devices, Inc. $ADI

Key Points

• UniSuper Management Pty Ltd has increased its holdings in Analog Devices, Inc. by 0.7%, owning a total of 273,869 shares valued at approximately $55 million at the end of the last quarter.
• Several analysts have upgraded their ratings on Analog Devices, with Cantor Fitzgerald raising its price target from $250 to $270, highlighting a strong outlook with a consensus rating of "Moderate Buy."
• Analog Devices recently declared a quarterly dividend of $0.99 per share, reflecting a payout ratio of 101.02% and an annualized yield of 1.6%.

UniSuper Management Pty Ltd grew its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 0.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 273,869 shares of the semiconductor company's stock after purchasing an additional 1,900 shares during the period. UniSuper Management Pty Ltd owned approximately 0.06% of Analog Devices worth $55,231,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD grew its holdings in shares of Analog Devices by 26.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company's stock worth $2,304,098,000 after acquiring an additional 2,407,460 shares during the period. GAMMA Investing LLC grew its stake in Analog Devices by 25,460.1% in the first quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock worth $446,037,000 after purchasing an additional 2,203,062 shares during the period. Nuveen LLC bought a new position in Analog Devices in the first quarter worth $351,943,000. Amundi boosted its holdings in shares of Analog Devices by 29.2% during the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company's stock valued at $785,071,000 after buying an additional 880,636 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Analog Devices by 25.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,333,615 shares of the semiconductor company's stock worth $708,260,000 after acquiring an additional 668,023 shares in the last quarter. 86.81% of the stock is owned by institutional investors.

Analog Devices Stock Performance

ADI traded down $2.43 during trading on Friday, hitting $245.81. The company's stock had a trading volume of 602,223 shares, compared to its average volume of 3,904,092. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The firm has a market cap of $120.93 billion, a PE ratio of 62.71, a P/E/G ratio of 2.09 and a beta of 1.08. The business's 50 day simple moving average is $238.99 and its 200-day simple moving average is $220.41.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping 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 business had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same period last year, the firm earned $1.58 earnings per share. The company'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. As a group, sell-side analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. Analog Devices's dividend payout ratio (DPR) is 101.02%.

Insider Buying and Selling

In other news, SVP Katsufumi Nakamura sold 2,490 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the transaction, the senior vice president owned 13,549 shares of the company's stock, valued at $3,360,558.47. This trade represents a 15.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the firm's stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total value of $747,593.75. Following the completion of the transaction, the director directly owned 167,571 shares in the company, valued at $40,088,010.33. This trade represents a 1.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,115 shares of company stock worth $9,529,113 over the last ninety days. 0.33% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ADI has been the subject of a number of analyst reports. Morgan Stanley raised their target price on shares of Analog Devices from $273.00 to $288.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Cantor Fitzgerald raised Analog Devices from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $250.00 to $270.00 in a report on Wednesday, June 18th. Cowen restated a "buy" rating on shares of Analog Devices in a report on Friday, May 23rd. Cfra Research downgraded shares of Analog Devices from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday, May 22nd. Finally, Truist Financial boosted their price objective on shares of Analog Devices from $219.00 to $249.00 and gave the stock a "hold" rating in a report on Thursday, August 21st. Two 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. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $273.53.

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.