Flputnam Investment Management Co. Increases Stake in Analog Devices, Inc. $ADI

Flputnam Investment Management Co. raised its position in Analog Devices, Inc. (NASDAQ:ADI) by 1.5% in the 1st quarter, Holdings Channel reports. The fund owned 57,704 shares of the semiconductor company’s stock after acquiring an additional 825 shares during the period. Flputnam Investment Management Co.’s holdings in Analog Devices were worth $11,637,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in ADI. Vanguard Group Inc. lifted its position in Analog Devices by 0.7% in the first quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock valued at $9,975,681,000 after purchasing an additional 359,841 shares during the period. Price T Rowe Associates Inc. MD increased 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 purchasing an additional 2,407,460 shares during the period. Raymond James Financial Inc. raised its stake in shares of Analog Devices by 0.3% during the 1st quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock worth $793,616,000 after buying an additional 12,666 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Analog Devices by 25.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,333,615 shares of the semiconductor company’s stock valued at $708,260,000 after buying an additional 668,023 shares during the period. Finally, Nuveen Asset Management LLC lifted its holdings in shares of Analog Devices by 9.0% in the 4th quarter. Nuveen Asset Management LLC now owns 3,221,053 shares of the semiconductor company’s stock valued at $684,345,000 after buying an additional 266,532 shares during the period. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Williams Trading set a $260.00 price objective on Analog Devices in a research report on Friday, May 23rd. Citigroup restated a “buy” rating and set a $290.00 target price (up from $260.00) on shares of Analog Devices in a research report on Monday, July 7th. JPMorgan Chase & Co. boosted their target price on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Stifel Nicolaus boosted their target price 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, Truist Financial boosted their target price on shares of Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Analog Devices presently has an average rating of “Moderate Buy” and an average price target of $273.53.

Analog Devices Price Performance

Analog Devices stock opened at $251.31 on Monday. The firm has a market capitalization of $123.63 billion, a PE ratio of 64.11, a P/E/G ratio of 2.14 and a beta of 1.08. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The firm’s 50-day simple moving average is $237.29 and its 200 day simple moving average is $219.17. 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 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion for the quarter, compared to analysts’ expectations 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 was up 24.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors 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%. The ex-dividend date of this dividend is Tuesday, September 2nd. Analog Devices’s dividend payout ratio is presently 101.02%.

Insider Activity at Analog Devices

In related news, CEO Vincent Roche sold 20,000 shares of the stock in a transaction dated Wednesday, August 27th. The shares were 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 of the company’s stock, valued at approximately $5,979,629.35. This represents a 45.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total transaction of $747,593.75. Following the completion of the sale, the director directly owned 167,571 shares in the company, valued at approximately $40,088,010.33. The trade was a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,615 shares of company stock valued at $6,450,988. 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.