Trust Co. of Vermont Buys 173 Shares of Analog Devices, Inc. $ADI

Trust Co. of Vermont grew its stake in Analog Devices, Inc. (NASDAQ:ADI) by 0.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,098 shares of the semiconductor company’s stock after acquiring an additional 173 shares during the period. Trust Co. of Vermont’s holdings in Analog Devices were worth $16,447,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC lifted its position in shares of Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after purchasing an additional 529 shares during the period. Two Sigma Investments LP purchased a new stake in shares of Analog Devices in the 4th quarter worth approximately $906,000. Fragasso Financial Advisors Inc lifted its position in shares of Analog Devices by 13.3% in the 1st quarter. Fragasso Financial Advisors Inc now owns 1,377 shares of the semiconductor company’s stock worth $278,000 after purchasing an additional 162 shares during the period. Merit Financial Group LLC lifted its position in shares of Analog Devices by 61.5% in the 1st quarter. Merit Financial Group LLC now owns 9,331 shares of the semiconductor company’s stock worth $1,882,000 after purchasing an additional 3,555 shares during the period. Finally, Fulton Bank N.A. lifted its position in shares of Analog Devices by 4.9% in the 1st quarter. Fulton Bank N.A. now owns 2,094 shares of the semiconductor company’s stock worth $422,000 after purchasing an additional 98 shares during the period. 86.81% of the stock is currently owned by institutional investors.

Insider Activity at Analog Devices

In related news, 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 value of $5,085,800.00. Following the completion of the transaction, the chief executive officer owned 23,515 shares in the company, valued at approximately $5,979,629.35. The trade was a 45.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the business’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 transaction of $771,625.00. Following the transaction, the director owned 155,071 shares of the company’s stock, valued at $38,290,131.32. This trade represents a 1.98% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 41,240 shares of company stock valued at $10,300,738 over the last 90 days. Insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on ADI shares. Cantor Fitzgerald upped their price target on shares of Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday. The Goldman Sachs Group started coverage on shares of Analog Devices in a research report on Thursday, July 10th. They issued a “buy” rating and a $285.00 price target for the company. Morgan Stanley raised their target price on shares of Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. KeyCorp raised their target price on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Finally, UBS Group lowered their target price on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating for the company in a research note on Monday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and an average price target of $275.29.

Analog Devices Trading Up 0.4%

Shares of Analog Devices stock opened at $245.70 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The firm has a fifty day moving average price of $240.08 and a 200 day moving average price of $222.66. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The stock has a market cap of $120.87 billion, a PE ratio of 62.68, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter last year, the company posted $1.58 earnings per share. The firm’s 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. Equities research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share 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 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s payout ratio is 101.02%.

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.