Envestnet Portfolio Solutions Inc. Buys 9,138 Shares of Analog Devices, Inc. $ADI

Envestnet Portfolio Solutions Inc. boosted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 14.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,132 shares of the semiconductor company’s stock after purchasing an additional 9,138 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Analog Devices were worth $17,407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in ADI. Price T Rowe Associates Inc. MD boosted its position in Analog Devices by 26.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock valued at $2,304,098,000 after purchasing an additional 2,407,460 shares in the last quarter. Nuveen LLC bought a new stake in Analog Devices during the first quarter valued at about $351,943,000. Amundi boosted its position in Analog Devices by 29.2% during the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after purchasing an additional 880,636 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Analog Devices by 229.6% during the first quarter. Robeco Institutional Asset Management B.V. now owns 796,824 shares of the semiconductor company’s stock valued at $160,695,000 after purchasing an additional 555,065 shares in the last quarter. Finally, Voya Investment Management LLC boosted its position in Analog Devices by 211.9% during the first quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock valued at $150,295,000 after purchasing an additional 506,314 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Insider Activity

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $246.25, for a total value of $3,078,125.00. Following the completion of the transaction, the senior vice president directly owned 63,048 shares of the company’s stock, valued at approximately $15,525,570. The trade was a 16.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $243.71, for a total value of $2,437,100.00. Following the completion of the transaction, the chief executive officer directly owned 140,118 shares of the company’s stock, valued at $34,148,157.78. The trade was a 6.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 52,240 shares of company stock valued at $12,980,578. 0.33% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ADI. Seaport Res Ptn raised Analog Devices from a “strong sell” rating to a “hold” rating in a research report on Monday, July 21st. Wells Fargo & Company increased their price objective on shares of Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, August 21st. UBS Group decreased their price objective on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating for the company in a research report on Monday, July 7th. Zacks Research raised shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 22nd. Finally, Barclays increased their price objective on shares of Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a research report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $275.29.

Analog Devices Trading Up 4.1%

Analog Devices stock opened at $234.67 on Tuesday. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The company has a market capitalization of $115.45 billion, a price-to-earnings ratio of 59.86, a price-to-earnings-growth ratio of 1.90 and a beta of 1.09. The stock has a 50-day moving average price of $241.91 and a 200 day moving average price of $224.55.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The firm had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the previous year, the company posted $1.58 earnings per share. The company’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. Sell-side analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. Analog Devices’s payout ratio is 101.02%.

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.