PDS Planning Inc grew its stake in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 5.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,460 shares of the semiconductor company’s stock after acquiring an additional 118 shares during the period. PDS Planning Inc’s holdings in Analog Devices were worth $586,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of ADI. Activest Wealth Management lifted its position in shares of Analog Devices by 6,350.0% during the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 127 shares during the period. RMG Wealth Management LLC acquired a new stake in shares of Analog Devices during the 2nd quarter valued at approximately $26,000. Alpine Bank Wealth Management purchased a new position in shares of Analog Devices during the 1st quarter worth approximately $27,000. N.E.W. Advisory Services LLC purchased a new position in shares of Analog Devices during the 1st quarter worth approximately $33,000. Finally, North Capital Inc. purchased a new position in shares of Analog Devices during the 1st quarter worth approximately $36,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
ADI has been the subject of a number of recent research reports. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Truist Financial raised their price objective on shares of Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research note on Thursday, August 21st. KeyCorp raised their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Raymond James Financial raised shares of Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Wednesday, June 18th. Finally, Stifel Nicolaus raised their price objective on shares of Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Analog Devices has an average rating of “Moderate Buy” and an average target price of $275.29.
Insider Buying and Selling
In other Analog Devices news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the transaction, the director owned 155,071 shares in the company, valued at $38,290,131.32. This trade represents a 1.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Edward H. Frank sold 1,000 shares of Analog Devices stock in a transaction on Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the completion of the transaction, the director owned 5,118 shares in the company, valued at approximately $1,242,343.32. This trade represents a 16.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,240 shares of company stock worth $12,980,578 over the last 90 days. Company insiders own 0.33% of the company’s stock.
Analog Devices Stock Down 5.3%
ADI stock opened at $225.32 on Friday. The stock has a market capitalization of $110.85 billion, a P/E ratio of 57.48, a PEG ratio of 1.90 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The company has a 50 day moving average price of $241.66 and a two-hundred day moving average price of $224.21.
Analog Devices (NASDAQ:ADI – Get Free Report) last released its 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 firm 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%. Analog Devices’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, sell-side analysts expect 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. Shareholders of record on Tuesday, September 2nd were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) 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.
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