US Bancorp DE Has $109.18 Million Holdings in Analog Devices, Inc. $ADI

US Bancorp DE lessened its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 4.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 458,708 shares of the semiconductor company’s stock after selling 23,213 shares during the quarter. US Bancorp DE’s holdings in Analog Devices were worth $109,182,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of Analog Devices by 0.7% in the 1st 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 holdings in shares of 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 purchasing an additional 2,407,460 shares during the period. Raymond James Financial Inc. increased its holdings in shares of Analog Devices by 0.3% in the 1st quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock valued at $793,616,000 after purchasing an additional 12,666 shares during the period. Amundi increased its holdings in shares of 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 purchasing an additional 880,636 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Analog Devices by 1.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,397,181 shares of the semiconductor company’s stock valued at $685,109,000 after purchasing an additional 63,566 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Activity

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the completion of the sale, the senior vice president owned 13,549 shares of the company’s stock, valued at $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of the company’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $246.25, for a total value of $3,078,125.00. Following the sale, the senior vice president directly owned 63,048 shares of the company’s stock, valued at $15,525,570. The trade was a 16.55% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 52,240 shares of company stock valued at $12,980,578. Insiders own 0.33% of the company’s stock.

Analog Devices Stock Up 1.8%

ADI stock opened at $237.93 on Thursday. The firm has a market cap of $117.05 billion, a PE ratio of 60.70, a PEG ratio of 1.97 and a beta of 1.09. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The company has a fifty day simple moving average of $241.32 and a 200 day simple moving average of $223.86. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company’s revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Sell-side analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.7%. Analog Devices’s dividend payout ratio is presently 101.02%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. KeyCorp upped their target price on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Friday, August 22nd. Keefe, Bruyette & Woods upgraded Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Morgan Stanley increased their price objective on Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Finally, Citigroup restated a “buy” rating and issued a $290.00 price objective (up previously from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Analog Devices presently has a consensus rating of “Moderate Buy” and an average target price of $275.29.

About Analog Devices

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.