Analog Devices, Inc. $ADI Holdings Boosted by ProShare Advisors LLC

ProShare Advisors LLC grew its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 4.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 871,777 shares of the semiconductor company’s stock after purchasing an additional 40,539 shares during the period. ProShare Advisors LLC owned approximately 0.18% of Analog Devices worth $207,500,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Price T Rowe Associates Inc. MD boosted its position in Analog Devices by 26.7% during 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 acquiring an additional 2,407,460 shares during the period. Nuveen LLC acquired a new position in shares of Analog Devices in the 1st quarter valued at about $351,943,000. Amundi increased its holdings in shares of Analog Devices by 29.2% in the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after purchasing an additional 880,636 shares during the period. Voya Investment Management LLC boosted its holdings in shares of Analog Devices by 211.9% during the first quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock worth $150,295,000 after purchasing an additional 506,314 shares during the period. Finally, Bank of Montreal Can increased its stake in Analog Devices by 88.2% in the 2nd quarter. Bank of Montreal Can now owns 1,040,536 shares of the semiconductor company’s stock valued at $247,668,000 after buying an additional 487,535 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Down 1.9%

Shares of Analog Devices stock opened at $228.48 on Monday. The stock has a market capitalization of $112.40 billion, a P/E ratio of 58.29, a PEG ratio of 1.98 and a beta of 1.09. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The stock has a 50 day moving average price of $241.70 and a two-hundred day moving average price of $232.42.

Analog Devices (NASDAQ:ADI) last issued its quarterly 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 for the quarter, compared to the consensus estimate of $2.76 billion. During the same period last year, the business posted $1.58 earnings per share. The firm’s revenue 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. Equities analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

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

Insider Buying and Selling at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $230.21, for a total transaction of $719,406.25. Following the transaction, the director owned 142,571 shares in the company, valued at approximately $32,821,269.91. The trade was a 2.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Vincent Roche sold 20,000 shares of Analog Devices stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the sale, the chief executive officer directly owned 23,515 shares in the company, valued at approximately $5,979,629.35. This trade represents a 45.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 62,240 shares of company stock valued at $15,301,891 in the last three months. 0.33% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ADI. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Weiss Ratings lowered Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. BNP Paribas initiated coverage on Analog Devices in a research note on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 target price on the stock. Barclays raised their price target on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. Finally, Morgan Stanley increased their price objective on Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Three research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and a consensus price target of $277.89.

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.