International Assets Investment Management LLC Sells 1,397 Shares of Analog Devices, Inc. $ADI

International Assets Investment Management LLC reduced its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 35.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 2,578 shares of the semiconductor company’s stock after selling 1,397 shares during the period. International Assets Investment Management LLC’s holdings in Analog Devices were worth $614,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in ADI. Price T Rowe Associates Inc. MD lifted its holdings in shares of 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 last quarter. Nuveen LLC bought a new stake in Analog Devices in the first quarter worth $351,943,000. Amundi lifted its stake in Analog Devices by 29.2% in the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock worth $785,071,000 after purchasing an additional 880,636 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in Analog Devices by 229.6% in the first quarter. Robeco Institutional Asset Management B.V. now owns 796,824 shares of the semiconductor company’s stock worth $160,695,000 after purchasing an additional 555,065 shares during the last quarter. Finally, Voya Investment Management LLC lifted its stake in Analog Devices by 211.9% in 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 last quarter. 86.81% of the stock is owned by institutional investors.

Analog Devices Stock Up 0.1%

Shares of Analog Devices stock opened at $246.37 on Wednesday. The company has a market cap of $121.20 billion, a price-to-earnings ratio of 62.85, a price-to-earnings-growth ratio of 2.07 and a beta of 1.09. The company’s 50 day moving average is $244.03 and its 200 day moving average is $226.49. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve 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.

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. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Research analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a dividend of $0.99 per share. 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 is 101.02%.

Insider Activity at Analog Devices

In related news, Director Edward H. Frank sold 1,000 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the transaction, the director owned 5,118 shares in the company, valued at $1,242,343.32. This represents a 16.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the transaction, the senior vice president owned 13,549 shares in the company, valued at approximately $3,360,558.47. This trade represents a 15.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 49,115 shares of company stock valued at $12,232,985 over the last quarter. 0.33% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Benchmark boosted their price target on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Barclays boosted their price target on shares of Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. Morgan Stanley boosted their price target on shares of Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Citigroup reissued a “buy” rating and issued a $290.00 price target (up from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Finally, Seaport Res Ptn raised shares of Analog Devices from a “strong sell” rating to a “hold” rating in a research note on Monday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $275.29.

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.