Mitsubishi UFJ Trust & Banking Corp Has $72.76 Million Stock Position in Analog Devices, Inc. $ADI

Mitsubishi UFJ Trust & Banking Corp trimmed its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 5.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 305,667 shares of the semiconductor company’s stock after selling 16,382 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.06% of Analog Devices worth $72,755,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its position in Analog Devices by 26.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock worth $2,304,098,000 after buying an additional 2,407,460 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Analog Devices during the 1st quarter worth $351,943,000. Amundi increased its position in shares of Analog Devices by 29.2% in the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock worth $785,071,000 after purchasing an additional 880,636 shares during the period. Voya Investment Management LLC raised its stake in Analog Devices by 211.9% in the first quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock valued at $150,295,000 after purchasing an additional 506,314 shares in the last quarter. Finally, Bank of Montreal Can lifted its position in Analog Devices by 88.2% during the second quarter. Bank of Montreal Can now owns 1,040,536 shares of the semiconductor company’s stock worth $247,668,000 after purchasing an additional 487,535 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Activity at Analog Devices

In other news, Director Edward H. Frank sold 1,000 shares of the firm’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the completion of the sale, the director directly owned 5,118 shares in the company, valued at $1,242,343.32. This trade represents a 16.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $230.21, for a total value of $719,406.25. Following the transaction, the director directly owned 142,571 shares in the company, valued at approximately $32,821,269.91. This trade represents a 2.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 62,240 shares of company stock worth $15,301,891. 0.33% of the stock is currently owned by insiders.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $241.44 on Thursday. The business has a 50-day moving average price of $240.96 and a two-hundred day moving average price of $233.01. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year 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. The company has a market cap of $118.78 billion, a P/E ratio of 61.59, a PEG ratio of 1.98 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last released its 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. The business 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 firm’s revenue was up 24.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s payout ratio is 101.02%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Barclays lifted their price objective on shares of Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. Morgan Stanley raised their price target on shares of Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. KeyCorp raised their target price on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Zacks Research downgraded shares of Analog Devices from a “strong-buy” rating to a “hold” rating in a report on Monday. Finally, BNP Paribas began coverage on Analog Devices in a research report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $277.89.

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.