Generation Investment Management LLP Has $323.49 Million Position in Analog Devices, Inc. $ADI

Generation Investment Management LLP lessened its position in Analog Devices, Inc. (NASDAQ:ADI) by 39.2% in the 3rd quarter, Holdings Channel reports. The firm owned 1,316,607 shares of the semiconductor company’s stock after selling 850,189 shares during the period. Analog Devices accounts for approximately 2.1% of Generation Investment Management LLP’s investment portfolio, making the stock its 18th biggest holding. Generation Investment Management LLP’s holdings in Analog Devices were worth $323,490,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its position in shares of Analog Devices by 12.9% during the third quarter. Jones Financial Companies Lllp now owns 169,572 shares of the semiconductor company’s stock worth $41,907,000 after purchasing an additional 19,383 shares during the period. Solstein Capital LLC increased its stake in Analog Devices by 2.0% during the 2nd quarter. Solstein Capital LLC now owns 2,307 shares of the semiconductor company’s stock worth $549,000 after purchasing an additional 46 shares in the last quarter. SG Americas Securities LLC raised its holdings in Analog Devices by 684.6% during the 3rd quarter. SG Americas Securities LLC now owns 862,314 shares of the semiconductor company’s stock worth $211,871,000 after buying an additional 752,411 shares during the period. Voya Investment Management LLC lifted its stake in Analog Devices by 22.3% in the third quarter. Voya Investment Management LLC now owns 1,293,403 shares of the semiconductor company’s stock valued at $317,789,000 after buying an additional 236,211 shares in the last quarter. Finally, AE Wealth Management LLC raised its holdings in shares of Analog Devices by 26.4% during the third quarter. AE Wealth Management LLC now owns 43,932 shares of the semiconductor company’s stock worth $10,795,000 after acquiring an additional 9,174 shares during the period. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on ADI. Susquehanna upped their price objective on Analog Devices from $360.00 to $400.00 and gave the stock a “positive” rating in a research report on Thursday. Needham & Company LLC upgraded Analog Devices from a “hold” rating to a “buy” rating and set a $400.00 target price on the stock in a research note on Thursday, February 19th. Zacks Research raised Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 1st. JPMorgan Chase & Co. lifted their price objective on shares of Analog Devices from $320.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Cfra reissued a “buy” rating and issued a $280.00 price objective on shares of Analog Devices in a research report on Tuesday, November 25th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Analog Devices has an average rating of “Moderate Buy” and a consensus target price of $366.96.

Analog Devices Price Performance

NASDAQ:ADI opened at $355.15 on Tuesday. The stock has a market capitalization of $173.38 billion, a PE ratio of 64.93, a P/E/G ratio of 1.68 and a beta of 1.03. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $358.00. The firm has a fifty day simple moving average of $303.91 and a 200 day simple moving average of $266.21. The company has a current ratio of 1.76, a quick ratio of 1.35 and a debt-to-equity ratio of 0.21.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, February 18th. The semiconductor company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.15. Analog Devices had a net margin of 23.02% and a return on equity of 12.49%. The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period in the prior year, the firm posted $1.63 earnings per share. The company’s quarterly revenue was up 30.4% compared to the same quarter last year. Analog Devices has set its Q2 2026 guidance at 2.730-3.030 EPS. On average, research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Shareholders of record on Tuesday, March 3rd will be paid a $1.10 dividend. This is a positive change from Analog Devices’s previous quarterly dividend of $0.99. This represents a $4.40 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, March 3rd. Analog Devices’s dividend payout ratio is currently 72.39%.

Insider Transactions at Analog Devices

In related news, SVP Katsufumi Nakamura sold 500 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $301.46, for a total value of $150,730.00. Following the sale, the senior vice president owned 12,710 shares in the company, valued at approximately $3,831,556.60. This represents a 3.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $306.92, for a total transaction of $3,069,200.00. Following the transaction, the chief executive officer directly owned 155,688 shares of the company’s stock, valued at approximately $47,783,760.96. This trade represents a 6.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 53,544 shares of company stock valued at $15,320,417. Company insiders own 0.36% of the company’s stock.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.