Analog Devices, Inc. $ADI Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. raised its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 27.1% in the second quarter, Holdings Channel.com reports. The fund owned 9,162 shares of the semiconductor company’s stock after acquiring an additional 1,951 shares during the period. D.A. Davidson & CO.’s holdings in Analog Devices were worth $2,181,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of ADI. Baader Bank Aktiengesellschaft lifted its holdings in shares of Analog Devices by 3.9% during the second quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company’s stock valued at $270,000 after purchasing an additional 43 shares during the last quarter. Bennett Associates Wealth Management lifted its stake in Analog Devices by 2.9% during the second quarter. Bennett Associates Wealth Management now owns 1,624 shares of the semiconductor company’s stock valued at $387,000 after buying an additional 46 shares in the last quarter. EFG Asset Management North America Corp. lifted its stake in Analog Devices by 0.3% during the first quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company’s stock valued at $2,866,000 after buying an additional 47 shares in the last quarter. Plimoth Trust Co. LLC lifted its stake in Analog Devices by 1.8% during the second quarter. Plimoth Trust Co. LLC now owns 2,623 shares of the semiconductor company’s stock valued at $624,000 after buying an additional 47 shares in the last quarter. Finally, Regatta Capital Group LLC lifted its position in shares of Analog Devices by 4.5% in the 2nd quarter. Regatta Capital Group LLC now owns 1,124 shares of the semiconductor company’s stock valued at $268,000 after acquiring an additional 48 shares in the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on ADI shares. KeyCorp upped their price target on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Truist Financial increased their target price on Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a report on Thursday, August 21st. Evercore ISI increased their price objective on Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Stifel Nicolaus increased their price objective on Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Finally, Morgan Stanley increased their price target on shares of Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $275.29.

Analog Devices Price Performance

Shares of ADI opened at $238.01 on Monday. The firm has a market cap of $117.09 billion, a PE ratio of 60.72, a PEG ratio of 2.01 and a beta of 1.09. The firm’s 50 day moving average price is $244.35 and its 200 day moving average price is $228.23. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data 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. The firm had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is 101.02%.

Insider Activity at Analog Devices

In related news, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction that occurred 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 transaction, the director directly owned 155,071 shares of the company’s stock, valued at approximately $38,290,131.32. This trade represents a 1.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Vincent Roche sold 20,000 shares of Analog Devices stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the completion of the transaction, the chief executive officer directly owned 23,515 shares in the company, valued at approximately $5,979,629.35. This represents a 45.96% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 49,115 shares of company stock valued at $12,232,985. Insiders own 0.33% of the company’s stock.

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.