Van Lanschot Kempen Investment Management N.V. Increases Stock Position in Analog Devices, Inc. $ADI

Key Points

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Van Lanschot Kempen Investment Management N.V. boosted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 93.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 536,843 shares of the semiconductor company's stock after purchasing an additional 258,639 shares during the period. Analog Devices makes up 1.1% of Van Lanschot Kempen Investment Management N.V.'s investment portfolio, making the stock its 24th largest holding. Van Lanschot Kempen Investment Management N.V. owned about 0.11% of Analog Devices worth $108,265,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of ADI. GAMMA Investing LLC grew its position in Analog Devices by 25,460.1% during the 1st 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 last quarter. Nuveen LLC purchased a new position in Analog Devices during the 1st quarter worth $351,943,000. Kovitz Investment Group Partners LLC grew its position in Analog Devices by 301.1% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 1,581,157 shares of the semiconductor company's stock worth $335,933,000 after purchasing an additional 1,186,981 shares during the last quarter. Deutsche Bank AG grew its position in Analog Devices by 71.0% during the 4th quarter. Deutsche Bank AG now owns 2,158,914 shares of the semiconductor company's stock worth $458,683,000 after purchasing an additional 896,694 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Analog Devices by 25.1% during 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 purchasing an additional 668,023 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Ray Stata sold 3,125 shares of the business's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total transaction of $747,593.75. Following the sale, the director owned 167,571 shares of the company's stock, valued at approximately $40,088,010.33. The trade was a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.33% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on ADI shares. KeyCorp raised their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a research report on Thursday. KGI Securities initiated coverage on shares of Analog Devices in a report on Friday, May 23rd. They issued a "buy" rating on the stock. Keefe, Bruyette & Woods raised shares of Analog Devices to an "outperform" rating in a report on Wednesday, June 18th. Cantor Fitzgerald raised shares of Analog Devices from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $250.00 to $270.00 in a report on Wednesday, June 18th. Finally, Cowen reaffirmed a "buy" rating on shares of Analog Devices in a report on Friday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Analog Devices presently has a consensus rating of "Moderate Buy" and an average target price of $273.53.

Analog Devices Price Performance

ADI stock traded up $5.25 during trading on Friday, reaching $252.20. 4,988,997 shares of the company were exchanged, compared to its average volume of 3,656,419. The company has a market cap of $125.15 billion, a P/E ratio of 64.34, a PEG ratio of 2.19 and a beta of 1.05. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $257.22. The stock's 50 day moving average price is $234.80 and its 200 day moving average price is $217.35. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.51 and a current ratio of 2.32.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm's revenue was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, analysts predict that Analog Devices, Inc. will post 7.14 earnings per share 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. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.99 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. Analog Devices's payout ratio is currently 101.02%.

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.