Banco Bilbao Vizcaya Argentaria S.A. Trims Stock Holdings in Analog Devices, Inc. $ADI

Banco Bilbao Vizcaya Argentaria S.A. decreased its position in Analog Devices, Inc. (NASDAQ:ADI) by 0.7% in the second quarter, Holdings Channel.com reports. The firm owned 79,681 shares of the semiconductor company’s stock after selling 551 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Analog Devices were worth $18,960,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in Analog Devices by 0.7% during the first quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock worth $9,975,681,000 after acquiring an additional 359,841 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Analog Devices by 5.7% in the 2nd quarter. Geode Capital Management LLC now owns 11,687,660 shares of the semiconductor company’s stock worth $2,770,448,000 after purchasing an additional 633,425 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Analog Devices by 26.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock worth $2,304,098,000 after buying an additional 2,407,460 shares during the last quarter. Raymond James Financial Inc. increased its position in Analog Devices by 0.3% during the 1st quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock valued at $793,616,000 after buying an additional 12,666 shares in the last quarter. Finally, Amundi raised its stake in Analog Devices by 29.2% during the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after buying an additional 880,636 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors.

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $237.53 on Friday. The firm’s 50-day moving average price is $240.79 and its 200-day moving average price is $233.04. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The company has a market cap of $116.85 billion, a PE ratio of 60.59, a PEG ratio of 1.98 and a beta of 1.09. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the prior year, the firm earned $1.58 earnings per share. The firm’s revenue for the quarter was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is 101.02%.

Wall Street Analysts Forecast Growth

ADI has been the subject of several analyst reports. Truist Financial raised their price target on Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a report on Thursday, August 21st. BNP Paribas initiated coverage on shares of Analog Devices in a research note on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price objective for the company. Weiss Ratings cut shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, November 7th. Evercore ISI increased their price target on shares of Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Finally, BNP Paribas Exane initiated coverage on shares of Analog Devices in a research report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $277.89.

Insider Transactions at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the business’s stock in a transaction dated 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 completion of the sale, the senior vice president directly owned 63,048 shares in the company, valued at $15,525,570. The trade was a 16.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 20,000 shares of the company’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the sale, the chief executive officer directly owned 23,515 shares of the company’s stock, valued at $5,979,629.35. The trade was a 45.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 62,240 shares of company stock worth $15,301,891. Company insiders own 0.33% of the company’s stock.

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.