Linear Technology Corp. (NASDAQ:LLTC) will be issuing its quarterly earnings data after the market closes on Tuesday, October 18th. Analysts expect the company to announce earnings of $0.54 per share for the quarter.

Linear Technology Corp. (NASDAQ:LLTC) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $0.54 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.54. The firm earned $373.77 million during the quarter, compared to analyst estimates of $373.91 million. Linear Technology Corp. had a return on equity of 29.64% and a net margin of 34.72%. Linear Technology Corp.’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.54 EPS. On average, analysts expect Linear Technology Corp. to post $2.18 EPS for the current fiscal year and $2.33 EPS for the next fiscal year.

Earnings History for Linear Technology Corp. (NASDAQ:LLTC)

Linear Technology Corp. (NASDAQ:LLTC) opened at 59.09 on Monday. Linear Technology Corp. has a 52-week low of $37.33 and a 52-week high of $64.42. The stock has a market cap of $14.17 billion, a price-to-earnings ratio of 29.25 and a beta of 1.24. The stock has a 50 day moving average price of $58.80 and a 200 day moving average price of $51.36.

Institutional investors have recently bought and sold shares of the company. FMR LLC increased its stake in shares of Linear Technology Corp. by 425.6% in the second quarter. FMR LLC now owns 1,437,101 shares of the company’s stock worth $66,868,000 after buying an additional 1,163,675 shares during the last quarter. Westfield Capital Management Co. LP bought a new stake in shares of Linear Technology Corp. during the second quarter worth $18,757,000. Panagora Asset Management Inc. increased its stake in shares of Linear Technology Corp. by 238.9% in the second quarter. Panagora Asset Management Inc. now owns 494,527 shares of the company’s stock worth $23,010,000 after buying an additional 348,602 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of Linear Technology Corp. by 11.4% in the second quarter. Franklin Resources Inc. now owns 3,339,272 shares of the company’s stock worth $155,376,000 after buying an additional 342,549 shares during the last quarter. Finally, Hsbc Holdings PLC increased its stake in shares of Linear Technology Corp. by 132.1% in the second quarter. Hsbc Holdings PLC now owns 497,209 shares of the company’s stock worth $22,895,000 after buying an additional 282,952 shares during the last quarter. 92.45% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently weighed in on LLTC. B. Riley restated a “neutral” rating and set a $62.00 price target on shares of Linear Technology Corp. in a report on Monday, August 1st. BMO Capital Markets reiterated a “hold” rating and issued a $60.00 target price on shares of Linear Technology Corp. in a research note on Wednesday, July 27th. Zacks Investment Research upgraded Linear Technology Corp. from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a research note on Thursday, July 28th. JPMorgan Chase & Co. increased their target price on Linear Technology Corp. from $47.00 to $62.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 27th. Finally, Drexel Hamilton reiterated a “hold” rating on shares of Linear Technology Corp. in a research note on Wednesday, July 27th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the stock. Linear Technology Corp. currently has an average rating of “Hold” and a consensus price target of $55.25.

About Linear Technology Corp.

Linear Technology Corporation is engaged in designing, manufacturing and marketing a line of analog integrated circuits. The Company produces power management, data conversion, signal conditioning, radio frequency (RF) and interface integrated circuits (ICs) and wireless sensor network products, among others.

5 Day Chart for NASDAQ:LLTC

Receive News & Stock Ratings for Linear Technology Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linear Technology Corp. and related stocks with our FREE daily email newsletter.