Beverly Hills Private Wealth LLC Cuts Holdings in Analog Devices, Inc. $ADI

Beverly Hills Private Wealth LLC trimmed its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 9.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,588 shares of the semiconductor company’s stock after selling 269 shares during the period. Beverly Hills Private Wealth LLC’s holdings in Analog Devices were worth $616,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. RMG Wealth Management LLC purchased a new position in shares of Analog Devices during the 2nd quarter worth approximately $26,000. Activest Wealth Management increased its stake in Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 127 shares in the last quarter. Alpine Bank Wealth Management purchased a new position in Analog Devices in the 1st quarter valued at approximately $27,000. N.E.W. Advisory Services LLC purchased a new position in Analog Devices in the 1st quarter valued at approximately $33,000. Finally, North Capital Inc. purchased a new position in Analog Devices in the 1st quarter valued at approximately $36,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Analog Devices

In other news, Director Edward H. Frank sold 1,000 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $242.74, for a total transaction of $242,740.00. Following the sale, the director owned 5,118 shares in the company, valued at $1,242,343.32. This trade represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Martin Cotter sold 12,500 shares of the firm’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $246.25, for a total value of $3,078,125.00. Following the sale, the senior vice president owned 63,048 shares in the company, valued at $15,525,570. This trade represents a 16.55% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

ADI has been the subject of several research analyst reports. Evercore ISI raised their price objective on Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Truist Financial raised their price objective on Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a research note on Thursday, August 21st. Barclays raised their price objective on Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. Zacks Research raised Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 22nd. Finally, Benchmark increased their target price on Analog Devices from $260.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $275.29.

Analog Devices Price Performance

ADI stock opened at $246.22 on Tuesday. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The stock’s fifty day simple moving average is $243.74 and its 200-day simple moving average is $226.35. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $121.13 billion, a price-to-earnings ratio of 62.81, a price-to-earnings-growth ratio of 2.05 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data 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 return on equity of 10.32% and a net margin of 18.85%.The business had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter last year, the firm earned $1.58 earnings per share. 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. Equities research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

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

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.