Asahi Life Asset Management CO. LTD. Boosts Stock Position in Analog Devices, Inc. $ADI

Asahi Life Asset Management CO. LTD. grew its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 10.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,420 shares of the semiconductor company’s stock after buying an additional 235 shares during the quarter. Asahi Life Asset Management CO. LTD.’s holdings in Analog Devices were worth $576,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ADI. 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 worth $2,304,098,000 after acquiring an additional 2,407,460 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Analog Devices in the first quarter worth approximately $351,943,000. Amundi boosted its stake 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 acquiring an additional 880,636 shares during the last quarter. Voya Investment Management LLC boosted its stake in shares of Analog Devices by 211.9% in the first quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock worth $150,295,000 after acquiring an additional 506,314 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in shares of Analog Devices by 88.2% in the second quarter. Bank of Montreal Can now owns 1,040,536 shares of the semiconductor company’s stock worth $247,668,000 after acquiring an additional 487,535 shares during the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

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 transaction of $5,085,800.00. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total value of $771,625.00. Following the transaction, the director directly owned 155,071 shares in the company, valued at approximately $38,290,131.32. The trade was a 1.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 59,115 shares of company stock worth $14,582,485 in the last quarter. Insiders own 0.33% of the company’s stock.

Analog Devices Stock Performance

NASDAQ ADI opened at $236.00 on Thursday. The stock’s fifty day moving average is $242.59 and its two-hundred day moving average is $231.32. The firm has a market capitalization of $116.10 billion, a P/E ratio of 60.20, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the previous year, the business earned $1.58 earnings per share. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, 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 announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a yield of 1.7%. Analog Devices’s dividend payout ratio is presently 101.02%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ADI. Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Truist Financial lifted their price target on Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research note on Thursday, August 21st. Barclays lifted their price target 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. KeyCorp lifted their price target on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Finally, Stifel Nicolaus boosted their price objective on Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average 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.