Hall Laurie J Trustee cut its stake in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 2.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,497 shares of the semiconductor company’s stock after selling 580 shares during the quarter. Analog Devices comprises about 1.8% of Hall Laurie J Trustee’s portfolio, making the stock its 19th biggest position. Hall Laurie J Trustee’s holdings in Analog Devices were worth $4,940,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in the stock. Hancock Whitney Corp lifted its position in Analog Devices by 54.0% during the 1st quarter. Hancock Whitney Corp now owns 1,836 shares of the semiconductor company’s stock worth $370,000 after acquiring an additional 644 shares during the period. EFG Asset Management North America Corp. raised its stake in shares of Analog Devices by 0.3% in the first quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company’s stock worth $2,866,000 after purchasing an additional 47 shares during the last quarter. Curi RMB Capital LLC lifted its holdings in shares of Analog Devices by 5.4% during the first quarter. Curi RMB Capital LLC now owns 115,459 shares of the semiconductor company’s stock worth $23,285,000 after purchasing an additional 5,904 shares during the period. Belmont Capital LLC purchased a new stake in Analog Devices in the first quarter valued at approximately $227,000. Finally, Alliancebernstein L.P. raised its position in Analog Devices by 10.3% during the 1st quarter. Alliancebernstein L.P. now owns 996,866 shares of the semiconductor company’s stock worth $201,038,000 after buying an additional 93,033 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Analog Devices
In other news, CEO Vincent Roche sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the sale, the chief executive officer directly owned 23,515 shares of the company’s stock, valued at $5,979,629.35. This trade represents a 45.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the completion of the sale, the senior vice president directly owned 13,549 shares in the company, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,615 shares of company stock worth $6,450,988. 0.33% of the stock is currently owned by insiders.
Analog Devices Stock Performance
Analog Devices (NASDAQ:ADI – Get Free Report) last posted its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter last year, the firm earned $1.58 EPS. The firm’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. Equities analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.
Analog Devices Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 2nd. Analog Devices’s dividend payout ratio is 101.02%.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. JPMorgan Chase & Co. upped their price target on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Keefe, Bruyette & Woods raised Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Wells Fargo & Company raised their target price on Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Finally, Raymond James Financial raised Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a report on Wednesday, June 18th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $273.53.
Check Out Our Latest Analysis on ADI
Analog Devices Company Profile
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.
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