Analog Devices, Inc. $ADI Shares Sold by Fire Capital Management LLC

Fire Capital Management LLC lowered its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 10.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,478 shares of the semiconductor company’s stock after selling 178 shares during the quarter. Fire Capital Management LLC’s holdings in Analog Devices were worth $352,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Analog Devices by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock worth $9,975,681,000 after purchasing an additional 359,841 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Analog Devices by 26.7% in the 1st 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 during the last quarter. Raymond James Financial Inc. grew its stake in shares of Analog Devices by 0.3% in the 1st quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock worth $793,616,000 after purchasing an additional 12,666 shares during the last quarter. Amundi grew its stake in shares of 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 last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Analog Devices by 1.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,397,181 shares of the semiconductor company’s stock worth $685,109,000 after purchasing an additional 63,566 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Performance

ADI stock opened at $239.35 on Wednesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The stock has a market cap of $117.75 billion, a P/E ratio of 61.06, a P/E/G ratio of 2.05 and a beta of 1.09. The firm has a 50 day simple moving average of $244.76 and a 200 day simple moving average of $228.98. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.95 by $0.10. The business had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period last year, the company posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal 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 issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is currently 101.02%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Piper Sandler lifted their target price on shares of Analog Devices from $215.00 to $245.00 and gave the stock a “neutral” rating in a research report on Thursday, August 21st. The Goldman Sachs Group assumed coverage on shares of Analog Devices in a research report on Thursday, July 10th. They issued a “buy” rating and a $285.00 target price on the stock. Wells Fargo & Company lifted their target price on shares of Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. KeyCorp lifted their target price on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, Evercore ISI lifted their target price on shares of Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Analog Devices has a consensus rating of “Moderate Buy” and a consensus target price of $275.29.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $243.71, for a total value of $2,437,100.00. Following the completion of the sale, the chief executive officer directly owned 140,118 shares in the company, valued at $34,148,157.78. The trade was a 6.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of Analog Devices stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the completion of the sale, the senior vice president owned 63,048 shares of the company’s stock, valued at $15,525,570. This trade represents a 16.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 49,115 shares of company stock valued at $12,232,985 in the last 90 days. Corporate insiders own 0.33% of the company’s stock.

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.