EFG Asset Management North America Corp. Grows Stake in Analog Devices, Inc. $ADI

EFG Asset Management North America Corp. increased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 40.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,990 shares of the semiconductor company’s stock after purchasing an additional 5,781 shares during the quarter. EFG Asset Management North America Corp.’s holdings in Analog Devices were worth $4,758,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ADI. Brighton Jones LLC grew its position in shares of Analog Devices by 39.5% during the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after purchasing an additional 529 shares in the last quarter. D.A. Davidson & CO. grew its position in shares of Analog Devices by 11.5% during the first quarter. D.A. Davidson & CO. now owns 7,211 shares of the semiconductor company’s stock worth $1,454,000 after purchasing an additional 743 shares in the last quarter. TD Private Client Wealth LLC grew its position in shares of Analog Devices by 1.0% during the first quarter. TD Private Client Wealth LLC now owns 19,953 shares of the semiconductor company’s stock worth $4,024,000 after purchasing an additional 188 shares in the last quarter. Callan Capital LLC grew its position in shares of Analog Devices by 13.2% during the first quarter. Callan Capital LLC now owns 2,690 shares of the semiconductor company’s stock worth $542,000 after purchasing an additional 313 shares in the last quarter. Finally, Financial Counselors Inc. grew its position in shares of Analog Devices by 41.5% during the first quarter. Financial Counselors Inc. now owns 3,206 shares of the semiconductor company’s stock worth $647,000 after purchasing an additional 941 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $234.95, for a total transaction of $2,349,500.00. Following the completion of the sale, the chief executive officer directly owned 163,640 shares of the company’s stock, valued at approximately $38,447,218. This trade represents a 5.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of the firm’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. This represents a 16.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 59,115 shares of company stock worth $14,582,485. 0.33% of the stock is currently owned by company insiders.

Analog Devices Price Performance

NASDAQ:ADI opened at $229.38 on Wednesday. The firm has a market capitalization of $112.84 billion, a price-to-earnings ratio of 58.52, a PEG ratio of 1.98 and a beta of 1.09. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The business has a 50 day simple moving average of $242.98 and a 200-day simple moving average of $231.29. 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 (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.10. The business had revenue of $2.88 billion during the quarter, compared to analyst estimates 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 for the quarter was up 24.6% on a year-over-year basis. During the same period last year, the company earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

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

Analyst Ratings Changes

Several research firms have weighed in on ADI. KeyCorp raised their price target 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. Cantor Fitzgerald raised their price target on Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. The Goldman Sachs Group began coverage on Analog Devices in a report on Thursday, July 10th. They set a “buy” rating and a $285.00 price target for the company. Finally, Evercore ISI raised their price target on Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $277.89.

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.