Analog Devices, Inc. $ADI Shares Purchased by Candriam S.C.A.

Candriam S.C.A. lifted its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 70.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 177,580 shares of the semiconductor company’s stock after purchasing an additional 73,385 shares during the quarter. Candriam S.C.A.’s holdings in Analog Devices were worth $42,269,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Activest Wealth Management increased its position in shares of Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 127 shares in the last quarter. RMG Wealth Management LLC acquired a new stake in Analog Devices in the 2nd quarter valued at $26,000. N.E.W. Advisory Services LLC acquired a new stake in Analog Devices in the 1st quarter valued at $33,000. Saudi Central Bank purchased a new stake in Analog Devices in the 1st quarter worth $39,000. Finally, Nova Wealth Management Inc. acquired a new position in Analog Devices during the first quarter worth $42,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Activity at Analog Devices

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the transaction, the senior vice president directly owned 13,549 shares in the company, valued at $3,360,558.47. The trade was a 15.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the sale, the senior vice president owned 63,048 shares of the company’s stock, valued at $15,525,570. This represents a 16.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 62,240 shares of company stock valued at $15,301,891 over the last ninety days. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Price Performance

NASDAQ:ADI opened at $241.44 on Thursday. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The stock has a market cap of $118.78 billion, a PE ratio of 61.59, a P/E/G ratio of 1.98 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The stock has a 50 day moving average price of $240.96 and a 200 day moving average price of $233.01.

Analog Devices (NASDAQ:ADI) last issued its earnings results 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. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same period in the prior year, the business earned $1.58 EPS. The firm’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. Equities research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is presently 101.02%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ADI. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Wells Fargo & Company lifted their price objective on Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Truist Financial increased their target price on Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a report on Thursday, August 21st. Cantor Fitzgerald raised their target price on Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Finally, Barclays boosted their price target on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Two 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’s stock. Based on data from MarketBeat.com, Analog Devices has a consensus rating of “Moderate Buy” and an average price target of $277.89.

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.