Robeco Institutional Asset Management B.V. Has $184.88 Million Holdings in Analog Devices, Inc. $ADI

Robeco Institutional Asset Management B.V. cut its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 2.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 776,759 shares of the semiconductor company’s stock after selling 20,065 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Analog Devices were worth $184,884,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC raised its position in shares of Analog Devices by 39.5% in the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock valued at $397,000 after buying an additional 529 shares in the last quarter. Two Sigma Investments LP acquired a new stake in shares of Analog Devices in the fourth quarter valued at approximately $906,000. Merit Financial Group LLC raised its position in shares of Analog Devices by 61.5% in the first quarter. Merit Financial Group LLC now owns 9,331 shares of the semiconductor company’s stock valued at $1,882,000 after buying an additional 3,555 shares in the last quarter. Fulton Bank N.A. raised its position in shares of Analog Devices by 4.9% in the first quarter. Fulton Bank N.A. now owns 2,094 shares of the semiconductor company’s stock valued at $422,000 after buying an additional 98 shares in the last quarter. Finally, RFG Advisory LLC raised its position in shares of Analog Devices by 3.8% in the first quarter. RFG Advisory LLC now owns 2,151 shares of the semiconductor company’s stock valued at $434,000 after buying an additional 79 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Stock Performance

Shares of NASDAQ:ADI opened at $239.28 on Thursday. The company’s 50 day simple moving average is $240.30 and its 200 day simple moving average is $222.78. The stock has a market capitalization of $117.71 billion, a price-to-earnings ratio of 61.04, a price-to-earnings-growth ratio of 2.07 and a beta of 1.09. 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 1 year low of $158.65 and a 1 year high of $258.13.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period 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, research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

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

Insider Activity at Analog Devices

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction 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 sale, the director owned 155,071 shares of the company’s stock, valued at approximately $38,290,131.32. The trade was a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Vincent Roche sold 20,000 shares of the business’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the sale, the chief executive officer directly owned 23,515 shares in the company, valued at approximately $5,979,629.35. The trade was a 45.96% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 41,240 shares of company stock worth $10,300,738. Corporate insiders own 0.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ADI. The Goldman Sachs Group began coverage on shares of Analog Devices in a research report on Thursday, July 10th. They issued a “buy” rating and a $285.00 price target for the company. JPMorgan Chase & Co. lifted their price target 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. Citigroup reiterated a “buy” rating and issued a $290.00 price target (up from $260.00) on shares of Analog Devices in a research report on Monday, July 7th. Piper Sandler lifted their price target on shares of Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a research report on Thursday, August 21st. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company 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.