35,975 Shares in Analog Devices, Inc. $ADI Acquired by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC bought a new position in Analog Devices, Inc. (NASDAQ:ADI) in the second quarter, Holdings Channel.com reports. The fund bought 35,975 shares of the semiconductor company’s stock, valued at approximately $14,288,000.

Several other hedge funds also recently modified their holdings of ADI. Banque Transatlantique SA acquired a new stake in Analog Devices in the 4th quarter valued at about $25,000. Contravisory Investment Management Inc. bought a new position in shares of Analog Devices during the 2nd quarter valued at about $25,000. Manning & Napier Advisors LLC acquired a new position in shares of Analog Devices in the 2nd quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of Analog Devices in the 4th quarter worth approximately $26,000. Finally, Gordian Capital Singapore Pte Ltd bought a new stake in shares of Analog Devices in the 4th quarter worth approximately $27,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Stock Performance

Shares of Analog Devices stock opened at $374.52 on Friday. The stock has a market cap of $181.48 billion, a PE ratio of 44.43, a price-to-earnings-growth ratio of 0.76 and a beta of 1.20. The business has a fifty day simple moving average of $384.22 and a 200-day simple moving average of $373.02. The company has a quick ratio of 0.91, a current ratio of 1.25 and a debt-to-equity ratio of 0.20. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.Analog Devices’s quarterly revenue was up 39.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.05 earnings per share. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, sell-side analysts anticipate that Analog Devices, Inc. will post 12.96 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $1.10 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. Analog Devices’s dividend payout ratio is currently 52.19%.

Insider Buying and Selling

In related news, Director Ray Stata sold 1,432 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total transaction of $573,988.56. Following the transaction, the director directly owned 120,175 shares of the company’s stock, valued at approximately $48,169,745.25. The trade was a 1.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $389.83, for a total transaction of $389,830.00. Following the completion of the transaction, the director owned 11,019 shares in the company, valued at approximately $4,295,536.77. This represents a 8.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 47,957 shares of company stock worth $18,894,431 over the last ninety days. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ADI shares. Weiss Ratings upgraded shares of Analog Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 21st. Fundamental Research set a $550.00 price target on Analog Devices in a report on Monday, June 29th. Citigroup increased their price objective on Analog Devices from $400.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. KeyCorp raised their price objective on Analog Devices from $500.00 to $525.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Finally, Evercore restated an “outperform” rating and issued a $474.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $454.63.

Analog Devices Profile

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.