Analog Devices, Inc. $ADI Holdings Boosted by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. grew its stake in Analog Devices, Inc. (NASDAQ:ADI) by 7.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,429 shares of the semiconductor company’s stock after acquiring an additional 2,813 shares during the period. China Universal Asset Management Co. Ltd.’s holdings in Analog Devices were worth $15,303,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. TOWER TRUST & INVESTMENT Co raised its stake in shares of Analog Devices by 1.3% during the 3rd quarter. TOWER TRUST & INVESTMENT Co now owns 4,826 shares of the semiconductor company’s stock worth $1,914,000 after purchasing an additional 60 shares in the last quarter. Childress Capital Advisors LLC boosted its holdings in shares of Analog Devices by 15.3% in the 3rd quarter. Childress Capital Advisors LLC now owns 831 shares of the semiconductor company’s stock valued at $330,000 after buying an additional 110 shares during the last quarter. BOKF NA grew its stake in shares of Analog Devices by 11.8% in the third quarter. BOKF NA now owns 9,557 shares of the semiconductor company’s stock valued at $3,791,000 after buying an additional 1,005 shares in the last quarter. Hanseatic Management Services Inc. grew its stake in shares of Analog Devices by 3.8% in the third quarter. Hanseatic Management Services Inc. now owns 1,406 shares of the semiconductor company’s stock valued at $558,000 after buying an additional 52 shares in the last quarter. Finally, North Dakota State Investment Board grew its stake in shares of Analog Devices by 2.9% in the third quarter. North Dakota State Investment Board now owns 14,951 shares of the semiconductor company’s stock valued at $5,931,000 after buying an additional 417 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Performance

NASDAQ ADI opened at $433.28 on Friday. 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 has a market capitalization of $209.95 billion, a P/E ratio of 38.03, a P/E/G ratio of 1.32 and a beta of 1.22. Analog Devices, Inc. has a 12-month low of $223.47 and a 12-month high of $445.91. The firm has a 50-day moving average price of $387.60 and a two-hundred day moving average price of $370.51.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. During the same quarter in the prior year, the business posted $2.05 EPS. The business’s revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Analysts anticipate that Analog Devices, Inc. will post 13.00 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, September 1st. Analog Devices’s payout ratio is 52.19%.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, insider Vivek Jain sold 3,305 shares of Analog Devices stock in a transaction on Thursday, October 8th. The stock was sold at an average price of $406.58, for a total value of $1,343,746.90. Following the completion of the transaction, the insider directly owned 40,428 shares of the company’s stock, valued at $16,437,216.24. The trade was a 7.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Richard C. Puccio, Jr. sold 1,500 shares of Analog Devices stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $389.46, for a total value of $584,190.00. Following the completion of the transaction, the chief financial officer directly owned 48,177 shares of the company’s stock, valued at $18,763,014.42. This represents a 3.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 52,436 shares of company stock valued at $20,014,954 over the last ninety days. 0.36% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ADI has been the topic of several analyst reports. Evercore dropped their price target on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. JPMorgan Chase & Co. lifted their price objective on shares of Analog Devices from $450.00 to $500.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. Morgan Stanley lifted their price objective on shares of Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a research report on Thursday, August 20th. TD Cowen boosted their price objective on shares of Analog Devices from $460.00 to $475.00 and gave the stock a “buy” rating in a research note on Monday, October 19th. Finally, Robert W. Baird upped their target price on shares of Analog Devices from $450.00 to $675.00 and gave the company an “outperform” rating in a report on Monday, August 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $460.55.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.

The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.