Janney Capital Management LLC Grows Stock Holdings in Analog Devices, Inc. $ADI

Janney Capital Management LLC boosted its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 1.7% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 7,647 shares of the semiconductor company’s stock after buying an additional 126 shares during the period. Janney Capital Management LLC’s holdings in Analog Devices were worth $1,820,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its position in shares of Analog Devices by 26.7% during the first 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 in the last quarter. Nuveen LLC purchased a new position in Analog Devices in the 1st quarter worth approximately $351,943,000. Amundi boosted its stake in Analog Devices by 29.2% in the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock worth $785,071,000 after purchasing an additional 880,636 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in Analog Devices by 229.6% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 796,824 shares of the semiconductor company’s stock valued at $160,695,000 after buying an additional 555,065 shares in the last quarter. Finally, Voya Investment Management LLC raised its position in shares of Analog Devices by 211.9% during the first quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock valued at $150,295,000 after buying an additional 506,314 shares during the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total value of $771,625.00. Following the sale, the director owned 155,071 shares in the company, valued at $38,290,131.32. This trade represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the sale, the senior vice president owned 13,549 shares of the company’s stock, valued at approximately $3,360,558.47. This trade represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 41,240 shares of company stock worth $10,300,738. Corporate insiders own 0.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on ADI shares. Raymond James Financial upgraded shares of Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Wednesday, June 18th. Seaport Res Ptn upgraded Analog Devices from a “strong sell” rating to a “hold” rating in a research report on Monday, July 21st. Truist Financial boosted their target price on Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research report on Thursday, August 21st. Noble Financial upgraded Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Finally, Keefe, Bruyette & Woods raised Analog Devices to an “outperform” 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $275.29.

Analog Devices Stock Up 0.4%

Shares of ADI opened at $245.70 on Wednesday. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The company has a market cap of $120.87 billion, a PE ratio of 62.68, a P/E/G ratio of 2.06 and a beta of 1.08. The business has a fifty day moving average of $240.08 and a 200 day moving average of $222.66.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $2.76 billion. During the same quarter last year, the business earned $1.58 EPS. The business’s revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, sell-side analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s payout ratio is 101.02%.

Analog Devices 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.