Nordea Investment Management AB Raises Holdings in Analog Devices, Inc. $ADI

Nordea Investment Management AB lifted its stake in Analog Devices, Inc. (NASDAQ:ADI) by 108.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 92,413 shares of the semiconductor company’s stock after buying an additional 48,021 shares during the quarter. Nordea Investment Management AB’s holdings in Analog Devices were worth $21,927,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of ADI. Baader Bank Aktiengesellschaft raised its holdings in Analog Devices by 3.9% in the 2nd quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company’s stock worth $270,000 after purchasing an additional 43 shares during the period. Bennett Associates Wealth Management raised its holdings in Analog Devices by 2.9% in the 2nd quarter. Bennett Associates Wealth Management now owns 1,624 shares of the semiconductor company’s stock worth $387,000 after purchasing an additional 46 shares during the period. EFG Asset Management North America Corp. raised its holdings in Analog Devices by 0.3% in the 1st quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company’s stock worth $2,866,000 after purchasing an additional 47 shares during the period. Plimoth Trust Co. LLC raised its holdings in Analog Devices by 1.8% in the 2nd quarter. Plimoth Trust Co. LLC now owns 2,623 shares of the semiconductor company’s stock worth $624,000 after purchasing an additional 47 shares during the period. Finally, Regatta Capital Group LLC raised its holdings in Analog Devices by 4.5% in the 2nd quarter. Regatta Capital Group LLC now owns 1,124 shares of the semiconductor company’s stock worth $268,000 after purchasing an additional 48 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ADI. Morgan Stanley increased their target price on Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Benchmark increased their target price on Analog Devices from $260.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a report on Wednesday, October 8th. Wells Fargo & Company increased their target price on Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Finally, Zacks Research raised Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Friday, August 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and an average target price of $275.29.

Analog Devices Trading Up 0.5%

ADI opened at $242.87 on Monday. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The business has a fifty day simple moving average of $243.30 and a 200-day simple moving average of $225.78. The firm has a market cap of $119.48 billion, a P/E ratio of 61.96, a P/E/G ratio of 2.05 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 released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping 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 business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period last year, the business posted $1.58 earnings per share. The company’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. On average, equities analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

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

Insider Transactions at Analog Devices

In related news, Director Edward H. Frank sold 1,000 shares of Analog Devices stock in a transaction on Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the completion of the transaction, the director directly owned 5,118 shares in the company, valued at approximately $1,242,343.32. This trade represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the completion of the transaction, the senior vice president owned 13,549 shares of the company’s stock, valued at approximately $3,360,558.47. This trade represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 49,115 shares of company stock valued at $12,232,985 in the last 90 days. Insiders own 0.33% of the company’s stock.

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.