Nissay Asset Management Corp Japan Has $92.76 Million Stake in Analog Devices, Inc. $ADI

Nissay Asset Management Corp Japan reduced its position in Analog Devices, Inc. (NASDAQ:ADI) by 17.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 233,543 shares of the semiconductor company’s stock after selling 47,968 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Analog Devices were worth $92,756,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Contravisory Investment Management Inc. acquired a new position in shares of Analog Devices in the 2nd quarter valued at $25,000. Manning & Napier Advisors LLC bought a new position in shares of Analog Devices during the 2nd quarter worth about $25,000. Dunhill Financial LLC acquired a new stake in shares of Analog Devices during the 2nd quarter valued at about $32,000. Quantbot Technologies LP bought a new stake in Analog Devices in the second quarter valued at about $33,000. Finally, Caitlin John LLC bought a new stake in Analog Devices in the second quarter valued at about $35,000. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insiders Place Their Bets

In other news, Director Karen Golz sold 1,000 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $374.50, for a total transaction of $374,500.00. Following the sale, the director owned 10,019 shares in the company, valued at approximately $3,752,115.50. This represents a 9.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,416 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $377.37, for a total value of $534,355.92. Following the sale, the director owned 114,511 shares in the company, valued at $43,213,016.07. The trade was a 1.22% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 48,957 shares of company stock valued at $19,268,931. Company insiders own 0.36% of the company’s stock.

Analog Devices Price Performance

NASDAQ:ADI opened at $361.78 on Friday. The firm has a market cap of $175.31 billion, a PE ratio of 42.92, a price-to-earnings-growth ratio of 0.76 and a beta of 1.20. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $382.77 and its two-hundred day moving average price is $372.95.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.92 billion. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The company’s quarterly revenue was up 39.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 12.96 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $1.10 per share. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Analog Devices’s dividend payout ratio is 52.19%.

Wall Street Analyst Weigh In

A number of brokerages have commented on ADI. Evercore restated an “outperform” rating and set a $474.00 price target on shares of Analog Devices in a research note on Thursday, May 21st. Raymond James Financial reissued an “outperform” rating and issued a $430.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Morgan Stanley raised their target price on Analog Devices from $428.00 to $458.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Wells Fargo & Company decreased their price target on Analog Devices from $515.00 to $500.00 and set an “overweight” rating on the stock in a research note on Thursday, August 20th. Finally, Stifel Nicolaus upped their price target on Analog Devices from $450.00 to $498.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Analog Devices has an average rating of “Buy” and an average price target of $454.63.

Analog Devices Company Profile

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.