Fiera Capital Corp Purchases 34,720 Shares of Analog Devices, Inc. $ADI

Fiera Capital Corp grew its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 5.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 632,615 shares of the semiconductor company’s stock after purchasing an additional 34,720 shares during the quarter. Fiera Capital Corp owned approximately 0.13% of Analog Devices worth $150,575,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Avalon Trust Co boosted its holdings in Analog Devices by 5.7% in the second quarter. Avalon Trust Co now owns 26,711 shares of the semiconductor company’s stock worth $6,358,000 after acquiring an additional 1,433 shares in the last quarter. ABN Amro Investment Solutions purchased a new stake in Analog Devices in the 2nd quarter worth approximately $1,492,000. Candriam S.C.A. raised its position in shares of Analog Devices by 70.4% in the second quarter. Candriam S.C.A. now owns 177,580 shares of the semiconductor company’s stock worth $42,269,000 after acquiring an additional 73,385 shares during the period. Police & Firemen s Retirement System of New Jersey raised its holdings in Analog Devices by 4.5% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 75,344 shares of the semiconductor company’s stock worth $17,933,000 after purchasing an additional 3,213 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Analog Devices by 5.7% in the second quarter. Geode Capital Management LLC now owns 11,687,660 shares of the semiconductor company’s stock valued at $2,770,448,000 after purchasing an additional 633,425 shares during the period. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP Martin Cotter sold 12,500 shares of the business’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $246.25, for a total value 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. The trade was a 16.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of the firm’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $242.74, for a total value of $242,740.00. Following the sale, the director directly owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This represents a 16.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 62,240 shares of company stock worth $15,301,891. Insiders own 0.33% of the company’s stock.

Analog Devices Stock Up 3.4%

Shares of NASDAQ:ADI opened at $241.44 on Thursday. 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 market capitalization of $118.78 billion, a price-to-earnings ratio of 61.59, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The company’s fifty day moving average is $240.96 and its two-hundred day moving average is $233.01.

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

Analog Devices Announces Dividend

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

Analyst Ratings Changes

ADI has been the subject of a number of analyst reports. Piper Sandler upped their price objective on shares of Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a report on Thursday, August 21st. BNP Paribas began coverage on shares of Analog Devices in a research note on Tuesday, November 4th. They issued an “outperform” rating and a $300.00 price target for the company. Benchmark raised their price objective on shares of Analog Devices from $260.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Weiss Ratings cut shares of Analog Devices from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, November 7th. Finally, Zacks Research cut Analog Devices from a “strong-buy” rating to a “hold” rating in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Analog Devices currently has an average rating of “Moderate Buy” and an average target price 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.