Metis Global Partners LLC Acquires 464 Shares of Analog Devices, Inc. $ADI

Metis Global Partners LLC raised its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 1.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 35,202 shares of the semiconductor company’s stock after acquiring an additional 464 shares during the quarter. Metis Global Partners LLC’s holdings in Analog Devices were worth $8,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of ADI. Price T Rowe Associates Inc. MD raised its holdings in Analog Devices by 26.7% in the 1st 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 purchasing an additional 2,407,460 shares during the period. Nuveen LLC purchased a new stake in Analog Devices in the first quarter worth about $351,943,000. Amundi increased its position in 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 buying an additional 880,636 shares in the last quarter. Voya Investment Management LLC raised 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 buying an additional 506,314 shares during the period. Finally, Bank of Montreal Can lifted its position in shares of Analog Devices by 88.2% during the 2nd quarter. Bank of Montreal Can now owns 1,040,536 shares of the semiconductor company’s stock valued at $247,668,000 after buying an additional 487,535 shares in the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ADI shares. Zacks Research raised shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Friday, August 22nd. Wells Fargo & Company upped their price target on shares of Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. BNP Paribas started coverage on shares of Analog Devices in a research report on Tuesday. They set an “outperform” rating and a $300.00 price objective on the stock. Finally, JPMorgan Chase & Co. lifted their target price on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $277.89.

Analog Devices Price Performance

ADI stock opened at $228.48 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The company’s fifty day moving average price is $241.70 and its 200-day moving average price is $231.70. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The company has a market capitalization of $112.40 billion, a PE ratio of 58.29, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results 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 company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. Analog Devices’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a yield of 1.7%. Analog Devices’s dividend payout ratio is presently 101.02%.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the completion of the transaction, the senior vice president owned 13,549 shares in the company, valued at $3,360,558.47. This trade represents a 15.52% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through 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 sale, the director directly owned 142,571 shares in the company, valued at $32,821,269.91. This trade represents a 2.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 62,240 shares of company stock worth $15,301,891 over the last three months. 0.33% of the stock is owned by company insiders.

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.