Candriam S.C.A. Acquires 30,273 Shares of Analog Devices, Inc. $ADI

Candriam S.C.A. increased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 41.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 104,195 shares of the semiconductor company’s stock after buying an additional 30,273 shares during the period. Candriam S.C.A.’s holdings in Analog Devices were worth $21,013,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of ADI. Orion Capital Management LLC bought a new stake in Analog Devices in the fourth quarter valued at approximately $27,000. Menard Financial Group LLC bought a new stake in Analog Devices in the fourth quarter valued at approximately $27,000. Alpine Bank Wealth Management bought a new stake in Analog Devices in the first quarter valued at approximately $27,000. N.E.W. Advisory Services LLC bought a new stake in Analog Devices in the first quarter valued at approximately $33,000. Finally, North Capital Inc. bought a new stake in Analog Devices in the first quarter valued at approximately $36,000. 86.81% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ADI shares. The Goldman Sachs Group started coverage on shares of Analog Devices in a research note on Thursday, July 10th. They issued a “buy” rating and a $285.00 target price for the company. Keefe, Bruyette & Woods raised shares of Analog Devices to an “outperform” rating in a research note on Wednesday, June 18th. KGI Securities started coverage on shares of Analog Devices in a research report on Friday, May 23rd. They set a “buy” rating for the company. Stifel Nicolaus increased their price objective on shares of Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. Finally, Barclays increased their price objective on shares of Analog Devices from $170.00 to $185.00 and gave the stock an “equal weight” rating in a research report on Friday, May 23rd. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $258.89.

Insider Buying and Selling

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total value of $747,593.75. Following the completion of the sale, the director owned 167,571 shares in the company, valued at $40,088,010.33. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.33% of the stock is currently owned by corporate insiders.

Analog Devices Stock Performance

Shares of ADI opened at $244.87 on Thursday. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $247.73. The firm has a fifty day simple moving average of $233.96 and a 200 day simple moving average of $216.74. The stock has a market capitalization of $121.52 billion, a price-to-earnings ratio of 66.72, a PEG ratio of 2.12 and a beta of 1.05. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.19.

Analog Devices (NASDAQ:ADI) last announced its 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 net margin of 18.65% and a return on equity of 9.56%. The business had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter in the prior year, the company posted $1.58 earnings per share. The firm’s 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. Research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. Analog Devices’s dividend payout ratio is currently 107.90%.

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.