Eagle Strategies LLC Purchases 384 Shares of Analog Devices, Inc. $ADI

Eagle Strategies LLC increased its position in Analog Devices, Inc. (NASDAQ:ADIFree Report) by 11.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,808 shares of the semiconductor company’s stock after purchasing an additional 384 shares during the quarter. Eagle Strategies LLC’s holdings in Analog Devices were worth $906,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its holdings in Analog Devices by 26.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock valued at $2,304,098,000 after acquiring an additional 2,407,460 shares during the period. Nuveen LLC bought a new position in Analog Devices in the 1st quarter valued at about $351,943,000. Amundi raised its holdings in Analog Devices by 29.2% in the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after acquiring an additional 880,636 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in Analog Devices by 229.6% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 796,824 shares of the semiconductor company’s stock valued at $160,695,000 after acquiring an additional 555,065 shares during the period. Finally, Voya Investment Management LLC raised its holdings in Analog Devices by 211.9% in the 1st quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock valued at $150,295,000 after acquiring an additional 506,314 shares during the period. 86.81% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the firm’s stock in a transaction that occurred 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 sale, the senior vice president owned 13,549 shares in the company, valued at $3,360,558.47. This trade represents a 15.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Edward H. Frank sold 1,000 shares of the firm’s 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 completion of the sale, the director owned 5,118 shares in the company, valued at $1,242,343.32. This represents a 16.35% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 52,240 shares of company stock valued at $12,980,578 over the last three months. 0.33% of the stock is owned by corporate insiders.

Analog Devices Stock Performance

Shares of NASDAQ:ADI opened at $237.93 on Thursday. The company’s 50 day simple moving average is $241.32 and its 200 day simple moving average is $223.86. The stock has a market capitalization of $117.05 billion, a price-to-earnings ratio of 60.70, a price-to-earnings-growth ratio of 1.97 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13.

Analog Devices (NASDAQ:ADIGet Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. The business 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 quarterly revenue was up 24.6% compared to the same quarter last year. During the same period last year, the firm posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is 101.02%.

Analyst Ratings Changes

Several research analysts have weighed in on ADI shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a report on Wednesday. Cantor Fitzgerald increased their price target on shares of Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. UBS Group lowered their target price on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a report on Monday, July 7th. Seaport Res Ptn raised shares of Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Finally, Zacks Research raised shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Friday, August 22nd. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $275.29.

Get Our Latest Stock Analysis on Analog Devices

About Analog Devices

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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