Analog Devices, Inc. $ADI Stock Position Trimmed by Robeco Schweiz AG

Robeco Schweiz AG lowered its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 5.4% in the third quarter, HoldingsChannel reports. The fund owned 499,100 shares of the semiconductor company’s stock after selling 28,412 shares during the period. Analog Devices accounts for approximately 3.6% of Robeco Schweiz AG’s investment portfolio, making the stock its 5th largest holding. Robeco Schweiz AG’s holdings in Analog Devices were worth $197,998,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Riverbend Wealth Management LLC boosted its stake in Analog Devices by 2.2% in the first quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock valued at $396,000 after acquiring an additional 27 shares during the last quarter. Bridgewater Advisors Inc. grew its holdings in Analog Devices by 1.5% during the 1st quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock worth $574,000 after acquiring an additional 27 shares during the period. Silicon Valley Capital Partners raised its position in shares of Analog Devices by 4.2% during the 1st quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock valued at $214,000 after acquiring an additional 27 shares during the last quarter. Cornerstone Financial Management LLC raised its position in shares of Analog Devices by 54.9% during the 2nd quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock valued at $31,000 after acquiring an additional 28 shares during the last quarter. Finally, 55 North Private Wealth LLC lifted its stake in shares of Analog Devices by 2.8% in the 3rd quarter. 55 North Private Wealth LLC now owns 1,018 shares of the semiconductor company’s stock valued at $404,000 after purchasing an additional 28 shares during the period. 86.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Cantor Fitzgerald restated an “overweight” rating and issued a $510.00 price target (up from $400.00) on shares of Analog Devices in a research report on Tuesday, September 8th. JPMorgan Chase & Co. upped their price objective on Analog Devices from $450.00 to $500.00 and gave the company an “overweight” rating in a report on Thursday, August 20th. Piper Sandler set a $460.00 target price on Analog Devices in a research note on Tuesday, September 8th. Robert W. Baird increased their target price on Analog Devices from $450.00 to $675.00 and gave the company an “outperform” rating in a research note on Monday, August 24th. Finally, Wall Street Zen upgraded Analog Devices from a “hold” rating to a “buy” rating in a report on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $460.55.

Insider Buying and Selling

In related news, Director Ray Stata sold 1,416 shares of the business’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $420.04, for a total value of $594,776.64. Following the completion of the transaction, the director directly owned 108,847 shares in the company, valued at approximately $45,720,093.88. The trade was a 1.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Richard C. Puccio, Jr. sold 1,500 shares of the stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $389.46, for a total value of $584,190.00. Following the sale, the chief financial officer directly owned 48,177 shares of the company’s stock, valued at approximately $18,763,014.42. The trade was a 3.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 52,436 shares of company stock valued at $20,014,954. 0.36% of the stock is owned by company insiders.

Analog Devices Price Performance

ADI opened at $391.07 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91. The company has a fifty day simple moving average of $383.75 and a 200 day simple moving average of $389.29. The stock has a market cap of $189.50 billion, a P/E ratio of 46.39, a P/E/G ratio of 1.20 and a beta of 1.22.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The firm’s revenue was up 39.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, research analysts expect that Analog Devices, Inc. will post 13.00 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 1st. Analog Devices’s dividend payout ratio is 52.19%.

Analog Devices Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.