ABN Amro Investment Solutions purchased a new position in Analog Devices, Inc. (NASDAQ:ADI – Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,268 shares of the semiconductor company’s stock, valued at approximately $1,492,000.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Candriam S.C.A. grew its stake in Analog Devices by 70.4% in the 2nd quarter. Candriam S.C.A. now owns 177,580 shares of the semiconductor company’s stock valued at $42,269,000 after acquiring an additional 73,385 shares during the period. Police & Firemen s Retirement System of New Jersey lifted its holdings in Analog Devices by 4.5% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 75,344 shares of the semiconductor company’s stock valued at $17,933,000 after purchasing an additional 3,213 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Analog Devices by 5.7% during the second quarter. Geode Capital Management LLC now owns 11,687,660 shares of the semiconductor company’s stock valued at $2,770,448,000 after purchasing an additional 633,425 shares in the last quarter. Everett Harris & Co. CA acquired a new stake in shares of Analog Devices in the second quarter valued at about $201,000. Finally, KBC Group NV increased its stake in shares of Analog Devices by 0.9% during the second quarter. KBC Group NV now owns 197,552 shares of the semiconductor company’s stock worth $47,021,000 after purchasing an additional 1,834 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Analog Devices
In other news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $230.21, for a total value of $719,406.25. Following the transaction, the director directly owned 142,571 shares of the company’s stock, valued at $32,821,269.91. The trade was a 2.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Edward H. Frank sold 1,000 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $242.74, for a total transaction of $242,740.00. Following the sale, the director owned 5,118 shares of the company’s stock, valued at approximately $1,242,343.32. This represents a 16.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 62,240 shares of company stock valued at $15,301,891 over the last three months. 0.33% of the stock is owned by corporate insiders.
Analog Devices Stock Performance
Analog Devices (NASDAQ:ADI – Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to analysts’ expectations 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. On average, research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.
Analog Devices Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors 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 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is 101.02%.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the company. Zacks Research cut Analog Devices from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Barclays upped their target price on shares of Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a 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 note on Monday, July 21st. JPMorgan Chase & Co. upped their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $277.89.
Check Out Our Latest Research Report on Analog Devices
Analog Devices 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.
Featured Articles
- Five stocks we like better than Analog Devices
- What is Forex and How Does it Work?
- Are These 3 Oversold Tech Giants Ready to Rebound?
- How Technical Indicators Can Help You Find Oversold Stocks
- If You Wait for the Dip, Micron Technology Could Leave You Behind
- What is the Nikkei 225 index?
- 3 Stocks Quietly Powering the AI and Tech Revolution
Receive News & Ratings for Analog Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Analog Devices and related companies with MarketBeat.com's FREE daily email newsletter.
