NorthRock Partners LLC Increases Stock Holdings in Analog Devices, Inc. $ADI

NorthRock Partners LLC lifted its position in Analog Devices, Inc. (NASDAQ:ADI) by 5.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,406 shares of the semiconductor company’s stock after buying an additional 334 shares during the quarter. NorthRock Partners LLC’s holdings in Analog Devices were worth $1,524,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. RMG Wealth Management LLC purchased a new stake in Analog Devices in the second quarter valued at approximately $26,000. Activest Wealth Management raised its stake in Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 127 shares in the last quarter. Alpine Bank Wealth Management purchased a new stake in Analog Devices in the first quarter valued at approximately $27,000. N.E.W. Advisory Services LLC purchased a new stake in Analog Devices in the first quarter valued at approximately $33,000. Finally, North Capital Inc. purchased a new stake in Analog Devices in the first quarter valued at approximately $36,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analog Devices Stock Up 4.1%

Shares of Analog Devices stock opened at $234.67 on Tuesday. 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 52-week low of $158.65 and a 52-week high of $258.13. The stock has a market capitalization of $115.45 billion, a price-to-earnings ratio of 59.86, a P/E/G ratio of 1.90 and a beta of 1.09. The company’s 50 day moving average price is $241.91 and its 200-day moving average price is $224.55.

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 for the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter last year, the business earned $1.58 earnings per share. The business’s revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on ADI. 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. Truist Financial lifted their price target 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 lifted their price target 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. Seaport Res Ptn raised shares of Analog Devices from a “strong sell” rating to a “hold” rating in a research note on Monday, July 21st. Finally, Evercore ISI lifted their price target on shares of Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Two equities 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. According to MarketBeat.com, Analog Devices has an average rating of “Moderate Buy” and a consensus target price of $275.29.

Insider Transactions at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the transaction, the senior vice president directly owned 13,549 shares in the company, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 52,240 shares of company stock valued at $12,980,578. 0.33% of the stock is currently owned by insiders.

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.