Yousif Capital Management LLC Lowers Stock Holdings in Analog Devices, Inc. $ADI

Key Points

• Yousif Capital Management LLC reduced its holdings in Analog Devices, Inc. by 2.1%, selling 1,367 shares during the second quarter, bringing its total ownership to 65,095 shares valued at approximately $15.49 million.
• Analog Devices reported strong quarterly earnings, with $2.05 per share, exceeding analysts' estimates, and a revenue increase of 24.6% year-over-year, amounting to $2.88 billion.
• The company declared a quarterly dividend of $0.99 per share, representing an annual yield of 1.8%, with a payout ratio of 101.02%.

Yousif Capital Management LLC reduced its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 2.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,095 shares of the semiconductor company's stock after selling 1,367 shares during the period. Yousif Capital Management LLC's holdings in Analog Devices were worth $15,494,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. China Universal Asset Management Co. Ltd. boosted its position in shares of Analog Devices by 284.4% during the first 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 period. Sowell Financial Services LLC purchased a new position in shares of Analog Devices during the first quarter worth $296,000. Keybank National Association OH boosted its position in shares of Analog Devices by 85.8% during the first quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock worth $5,461,000 after buying an additional 12,505 shares during the period. Eastern Bank boosted its position in shares of Analog Devices by 6.0% during the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock worth $39,664,000 after buying an additional 11,101 shares during the period. Finally, McLean Asset Management Corp purchased a new position in shares of Analog Devices during the second quarter worth $262,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analog Devices Stock Down 5.3%

Shares of NASDAQ ADI opened at $225.32 on Monday. The company has a market capitalization of $110.85 billion, a price-to-earnings ratio of 57.48, a price-to-earnings-growth ratio of 1.90 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The business has a 50-day moving average of $241.66 and a two-hundred day moving average of $224.32. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. The company 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%.Analog Devices's revenue for the quarter was up 24.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices's payout ratio is 101.02%.

Insider Activity at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the completion of the sale, the chief executive officer directly owned 140,118 shares of the company's stock, valued at $34,148,157.78. The trade was a 6.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total value of $771,625.00. Following the sale, the director directly owned 155,071 shares of the company's stock, valued at $38,290,131.32. This trade represents a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 52,240 shares of company stock worth $12,980,578 over the last three months. Company insiders own 0.33% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on ADI shares. Stifel Nicolaus raised their price target on Analog Devices from $248.00 to $270.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. Raymond James Financial upgraded Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a report on Wednesday, June 18th. The Goldman Sachs Group initiated coverage on Analog Devices in a report on Thursday, July 10th. They issued a "buy" rating and a $285.00 target price for the company. Keefe, Bruyette & Woods upgraded Analog Devices to an "outperform" rating in a report on Wednesday, June 18th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Analog Devices in a report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $275.29.

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.

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