Analog Devices, Inc. $ADI Position Reduced by Obermeyer Wealth Partners

Obermeyer Wealth Partners lowered its stake in Analog Devices, Inc. (NASDAQ:ADI) by 3.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 9,870 shares of the semiconductor company’s stock after selling 318 shares during the period. Obermeyer Wealth Partners’ holdings in Analog Devices were worth $2,349,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Activest Wealth Management raised its stake in Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 127 shares in the last quarter. RMG Wealth Management LLC bought a new stake in shares of Analog Devices in the 2nd quarter valued at approximately $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Analog Devices during the 1st quarter valued at approximately $33,000. Saudi Central Bank bought a new position in Analog Devices during the first quarter worth $39,000. Finally, Nova Wealth Management Inc. acquired a new position in Analog Devices in the first quarter worth $42,000. Institutional investors own 86.81% of the company’s stock.

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 transaction of $771,625.00. Following the completion of 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 document filed with the SEC, which can be accessed through this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of the business’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the completion of the sale, the director directly owned 5,118 shares in the company, valued at $1,242,343.32. This represents a 16.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ADI. Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Analog Devices in a research note on Wednesday, October 8th. Truist Financial upped 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. JPMorgan Chase & Co. raised their price target on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Finally, Needham & Company LLC restated a “hold” rating on shares of Analog Devices in a research note 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $275.29.

Analog Devices Stock Up 0.5%

Shares of Analog Devices stock opened at $234.13 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The business’s fifty day moving average price is $243.92 and its two-hundred day moving average price is $230.51. The company has a market capitalization of $115.18 billion, a P/E ratio of 59.73, a PEG ratio of 1.98 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $2.76 billion. During the same period last year, the company earned $1.58 earnings per share. The company’s quarterly revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is currently 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.