Live Oak Private Wealth LLC Reduces Position in Analog Devices, Inc. $ADI

Live Oak Private Wealth LLC trimmed its position in Analog Devices, Inc. (NASDAQ:ADI) by 7.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,928 shares of the semiconductor company’s stock after selling 2,370 shares during the period. Analog Devices accounts for approximately 1.5% of Live Oak Private Wealth LLC’s investment portfolio, making the stock its 18th biggest holding. Live Oak Private Wealth LLC’s holdings in Analog Devices were worth $11,489,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ADI. Riverbend Wealth Management LLC lifted its position in Analog Devices by 2.2% during the 1st quarter. Riverbend Wealth Management LLC now owns 1,245 shares of the semiconductor company’s stock worth $396,000 after acquiring an additional 27 shares during the period. Bridgewater Advisors Inc. increased its holdings in shares of Analog Devices by 1.5% in the first quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock valued at $574,000 after purchasing an additional 27 shares during the period. Silicon Valley Capital Partners raised its stake in shares of Analog Devices by 4.2% in the first quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock worth $214,000 after purchasing an additional 27 shares during the last quarter. Sound Income Strategies LLC raised its stake in shares of Analog Devices by 12.0% in the first quarter. Sound Income Strategies LLC now owns 281 shares of the semiconductor company’s stock worth $90,000 after purchasing an additional 30 shares during the last quarter. Finally, 1620 Investment Advisors Inc. lifted its holdings in shares of Analog Devices by 5.0% during the fourth quarter. 1620 Investment Advisors Inc. now owns 671 shares of the semiconductor company’s stock worth $182,000 after purchasing an additional 32 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Activity

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $389.75, for a total transaction of $3,897,500.00. Following the completion of the sale, the chief executive officer directly owned 137,538 shares in the company, valued at approximately $53,605,435.50. The trade was a 6.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ray Stata sold 1,432 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $400.83, for a total transaction of $573,988.56. Following the sale, the director directly owned 120,175 shares of the company’s stock, valued at approximately $48,169,745.25. This represents a 1.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 31,363 shares of company stock worth $11,914,639. 0.36% of the stock is currently owned by insiders.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $354.52 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The stock has a market capitalization of $171.79 billion, a price-to-earnings ratio of 42.05, a PEG ratio of 1.12 and a beta of 1.20. The firm’s 50 day simple moving average is $380.04 and its 200-day simple moving average is $373.68. 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 earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.92 billion. During the same period in the previous year, the business posted $2.05 EPS. The business’s revenue was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Analysts expect that Analog Devices, Inc. will post 12.96 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given 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 52.19%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ADI. Fundamental Research set a $550.00 target price on Analog Devices in a research report on Monday, June 29th. BMO Capital Markets began coverage on shares of Analog Devices in a research note on Thursday, August 20th. They set an “outperform” rating and a $430.00 price objective for the company. Jefferies Financial Group upped their price objective on shares of Analog Devices from $410.00 to $475.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. increased their price objective on shares of Analog Devices from $450.00 to $500.00 and gave the stock an “overweight” rating in a research note on Thursday, August 20th. Finally, Argus set a $460.00 target price on shares of Analog Devices in a report on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $454.63.

Analog Devices Company 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.