Banco Santander S.A. Buys 10,257 Shares of Analog Devices, Inc. $ADI

Banco Santander S.A. grew its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 14.7% during the second quarter, Holdings Channel reports. The institutional investor owned 79,801 shares of the semiconductor company’s stock after purchasing an additional 10,257 shares during the quarter. Banco Santander S.A.’s holdings in Analog Devices were worth $18,994,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Activest Wealth Management grew its stake in shares of Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 127 shares during the last quarter. RMG Wealth Management LLC bought a new position in shares of Analog Devices during the second quarter valued at about $26,000. N.E.W. Advisory Services LLC bought a new position in shares of Analog Devices during the first quarter valued at about $33,000. North Capital Inc. bought a new position in shares of Analog Devices during the first quarter valued at about $36,000. Finally, Saudi Central Bank bought a new stake in shares of Analog Devices in the first quarter worth about $39,000. 86.81% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Edward H. Frank sold 1,000 shares of Analog Devices 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 transaction, the director directly owned 5,118 shares in the company, valued at approximately $1,242,343.32. This trade represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total transaction of $771,625.00. Following the transaction, the director owned 155,071 shares of the company’s stock, valued at $38,290,131.32. The trade was a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ADI has been the topic of several recent analyst reports. Stifel Nicolaus raised their target price on Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Citigroup reissued a “buy” rating and issued a $290.00 target price (up from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Barclays raised their target price on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. Benchmark raised their target price on Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a research note on Thursday, August 21st. Finally, Needham & Company LLC restated a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $275.29.

Analog Devices Stock Performance

Shares of ADI opened at $238.01 on Monday. 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 one year low of $158.65 and a one year high of $258.13. The company has a 50-day simple moving average of $244.35 and a two-hundred day simple moving average of $228.23. The firm has a market capitalization of $117.09 billion, a PE ratio of 60.72, a price-to-earnings-growth ratio of 2.01 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data 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 18.85% and a return on equity of 10.32%. The business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period last year, the business posted $1.58 earnings per share. Analog Devices’s quarterly revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is presently 101.02%.

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.