Blue Trust Inc. Buys 531 Shares of Analog Devices, Inc. $ADI

Blue Trust Inc. boosted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 14.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,212 shares of the semiconductor company’s stock after buying an additional 531 shares during the quarter. Blue Trust Inc.’s holdings in Analog Devices were worth $1,002,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. China Universal Asset Management Co. Ltd. boosted its position in Analog Devices by 284.4% during the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock worth $6,262,000 after purchasing an additional 22,973 shares during the period. Sowell Financial Services LLC bought a new position in Analog Devices during the first quarter worth about $296,000. Keybank National Association OH boosted its position in Analog Devices by 85.8% during the first quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company’s stock worth $5,461,000 after purchasing an additional 12,505 shares during the period. Eastern Bank boosted its position in Analog Devices by 6.0% during the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company’s stock worth $39,664,000 after purchasing an additional 11,101 shares during the period. Finally, McLean Asset Management Corp bought a new position in Analog Devices during the second quarter worth about $262,000. Institutional investors own 86.81% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Martin Cotter sold 12,500 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $246.25, for a total value of $3,078,125.00. Following the sale, the senior vice president directly owned 63,048 shares of the company’s stock, valued at $15,525,570. This trade represents a 16.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were 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 in the company, valued at $38,290,131.32. The trade was a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 52,240 shares of company stock valued at $12,980,578 over the last three months. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Trading Down 5.3%

Shares of ADI opened at $225.32 on Friday. The firm’s 50 day simple moving average is $241.66 and its 200 day simple moving average is $224.21. The company has a market capitalization of $110.85 billion, a P/E ratio of 57.48, a P/E/G ratio of 1.90 and a beta of 1.09. 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.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. Analog Devices’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the firm posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Sell-side analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is currently 101.02%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Analog Devices in a research report on Wednesday. Raymond James Financial raised shares of Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a report on Wednesday, June 18th. Seaport Res Ptn upgraded shares of Analog Devices from a “strong sell” rating to a “hold” rating in a research report on Monday, July 21st. KeyCorp raised their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Finally, Stifel Nicolaus raised their price objective on shares of Analog Devices from $248.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, July 18th. 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. Based on data from MarketBeat, Analog Devices has a consensus rating of “Moderate Buy” and an average target price of $275.29.

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.