Analog Devices, Inc. $ADI Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company lowered its stake in Analog Devices, Inc. (NASDAQ:ADI) by 12.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,245,762 shares of the semiconductor company’s stock after selling 469,551 shares during the period. Analog Devices makes up approximately 0.6% of The Manufacturers Life Insurance Company’s portfolio, making the stock its 27th biggest holding. The Manufacturers Life Insurance Company’s holdings in Analog Devices were worth $654,573,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of 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 buying an additional 359,841 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Analog Devices by 26.7% in the first 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 buying an additional 2,407,460 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Analog Devices by 0.3% in the first quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock valued at $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 boosted its stake in shares of Analog Devices by 25.1% in the fourth 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 in the last quarter. Finally, Nuveen Asset Management LLC boosted its stake in shares of Analog Devices by 9.0% in the fourth 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 in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analyst Ratings Changes

ADI has been the topic of a number of analyst reports. Wells Fargo & Company lifted their price target on Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. 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. KGI Securities started coverage on Analog Devices in a report on Friday, May 23rd. They issued a “buy” rating on the stock. Barclays upped their target price on Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Finally, Benchmark upped their price objective on Analog Devices from $260.00 to $285.00 and gave the company a “buy” rating in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $273.53.

Analog Devices Stock Performance

Analog Devices stock opened at $254.25 on Friday. The firm has a market capitalization of $125.08 billion, a P/E ratio of 64.86, a PEG ratio of 2.17 and a beta of 1.05. The stock has a fifty day moving average price of $236.83 and a 200 day moving average price of $218.67. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results 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 return on equity of 10.32% and a net margin of 18.85%.The company had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period in the prior year, the firm posted $1.58 earnings per share. The firm’s revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be issued a $0.99 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. Analog Devices’s payout ratio is currently 101.02%.

Insiders Place Their Bets

In related news, CEO Vincent Roche sold 20,000 shares of the stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the transaction, the chief executive officer owned 23,515 shares of the company’s stock, valued at approximately $5,979,629.35. This represents a 45.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 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 value of $747,593.75. Following the completion of the transaction, the director directly owned 167,571 shares of the company’s stock, valued at $40,088,010.33. This represents a 1.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,615 shares of company stock worth $6,450,988 in the last quarter. 0.33% of the stock is owned by corporate insiders.

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.