Analog Devices, Inc. $ADI Shares Purchased by New York State Teachers Retirement System

New York State Teachers Retirement System boosted its position in Analog Devices, Inc. (NASDAQ:ADI) by 0.0% during the second quarter, Holdings Channel.com reports. The fund owned 380,872 shares of the semiconductor company’s stock after purchasing an additional 53 shares during the quarter. New York State Teachers Retirement System’s holdings in Analog Devices were worth $90,655,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Analog Devices by 0.7% in the first quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock valued at $9,975,681,000 after acquiring an additional 359,841 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Analog Devices by 26.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock valued at $2,304,098,000 after acquiring an additional 2,407,460 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Analog Devices by 0.3% in the first quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock valued at $793,616,000 after acquiring an additional 12,666 shares during the last quarter. Amundi boosted its holdings in Analog Devices by 29.2% in the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after acquiring an additional 880,636 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Analog Devices by 1.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,397,181 shares of the semiconductor company’s stock valued at $685,109,000 after acquiring an additional 63,566 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Up 1.2%

Shares of NASDAQ ADI opened at $238.15 on Thursday. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The firm has a market cap of $117.16 billion, a price-to-earnings ratio of 60.75, a PEG 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’s 50-day simple moving average is $242.55 and its 200-day simple moving average is $224.72.

Analog Devices (NASDAQ:ADI) last announced its 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. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same period in the previous year, the company earned $1.58 earnings per share. The company’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, equities analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The company also recently disclosed 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 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s payout ratio is currently 101.02%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ADI shares. Cantor Fitzgerald lifted their target price on Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. Citigroup restated a “buy” rating and set a $290.00 price objective (up previously from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. UBS Group reduced their price objective on Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a research note on Monday, July 7th. Weiss Ratings restated a “buy (b-)” rating on shares of Analog Devices in a research note on Wednesday, October 8th. Finally, Seaport Res Ptn upgraded Analog Devices from a “strong sell” rating to a “hold” rating in a research note on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $275.29.

Insider Transactions at Analog Devices

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the completion of the sale, the senior vice president directly owned 13,549 shares of the company’s stock, valued at $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $243.71, for a total value 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 approximately $34,148,157.78. This represents a 6.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,115 shares of company stock valued at $12,232,985 over the last 90 days. Corporate insiders own 0.33% of the company’s stock.

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.