Analog Devices, Inc. $ADI Shares Sold by Gratus Wealth Advisors LLC

Gratus Wealth Advisors LLC lowered its position in Analog Devices, Inc. (NASDAQ:ADI) by 0.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,502 shares of the semiconductor company’s stock after selling 45 shares during the period. Gratus Wealth Advisors LLC’s holdings in Analog Devices were worth $1,786,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Activest Wealth Management raised its stake in shares of Analog Devices by 6,350.0% during the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after buying an additional 127 shares during the last quarter. Alpine Bank Wealth Management purchased a new position in Analog Devices during the 1st quarter valued at about $27,000. N.E.W. Advisory Services LLC acquired a new position in Analog Devices during the first quarter worth about $33,000. North Capital Inc. acquired a new position in Analog Devices during the first quarter worth about $36,000. Finally, Wolff Wiese Magana LLC lifted its holdings in shares of Analog Devices by 209.8% in the first quarter. Wolff Wiese Magana LLC now owns 189 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 128 shares in the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ADI. Seaport Res Ptn raised shares of Analog Devices from a “strong sell” rating to a “hold” rating in a research note on Monday, July 21st. Cantor Fitzgerald raised their price target on Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Morgan Stanley upped their price objective on Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Barclays lifted their price objective on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Finally, Wells Fargo & Company boosted their target price on shares of Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $275.29.

Insider Activity at Analog Devices

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the 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 transaction, the senior vice president directly 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of Analog Devices stock in a transaction on Friday, September 5th. The shares were sold at an average price of $246.25, for a total value of $3,078,125.00. Following the completion of the transaction, the senior vice president owned 63,048 shares in the company, valued at $15,525,570. The trade was a 16.55% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 51,240 shares of company stock worth $12,737,838. Company insiders own 0.33% of the company’s stock.

Analog Devices Stock Performance

NASDAQ ADI opened at $241.99 on Monday. The business’s 50-day moving average price is $240.89 and its 200 day moving average price is $223.42. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13. The company has a market capitalization of $119.05 billion, a PE ratio of 61.73, a price-to-earnings-growth ratio of 2.04 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The company had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter in the previous year, the business earned $1.58 EPS. The firm’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, research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

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

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.