Atria Wealth Solutions Inc. Lowers Holdings in Analog Devices, Inc. $ADI

Atria Wealth Solutions Inc. trimmed its stake in Analog Devices, Inc. (NASDAQ:ADI) by 58.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,957 shares of the semiconductor company’s stock after selling 6,925 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Analog Devices were worth $1,183,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Activest Wealth Management grew its position in Analog Devices by 6,350.0% during the first 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 purchased a new stake in shares of Analog Devices during the 2nd quarter worth about $26,000. Alpine Bank Wealth Management purchased a new stake in shares of Analog Devices during the 1st quarter worth about $27,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Analog Devices during the 1st quarter worth about $33,000. Finally, North Capital Inc. purchased a new stake in Analog Devices during the first quarter worth approximately $36,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analog Devices Stock Performance

Shares of ADI stock opened at $241.61 on Friday. 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’s 50-day simple moving average is $242.92 and its 200-day simple moving average is $224.99. The stock has a market capitalization of $118.86 billion, a price-to-earnings ratio of 61.64, a PEG ratio of 2.01 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last issued its quarterly 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. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business had revenue of $2.88 billion for 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 company’s quarterly 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 analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were paid a dividend of $0.99 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a yield of 1.6%. Analog Devices’s dividend payout ratio (DPR) is 101.02%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Wells Fargo & Company upped their price target on shares of Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Evercore ISI upped their target price on Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. The Goldman Sachs Group started coverage on Analog Devices in a report on Thursday, July 10th. They issued a “buy” rating and a $285.00 price target for the company. Piper Sandler upped their price target on Analog Devices from $215.00 to $245.00 and gave the stock a “neutral” rating in a report on Thursday, August 21st. Finally, Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 22nd. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $275.29.

Insider Buying and Selling

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the sale, the senior vice president directly owned 13,549 shares in the company, valued at approximately $3,360,558.47. This trade represents a 15.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total transaction of $771,625.00. Following the completion of the sale, the director owned 155,071 shares in the company, valued at approximately $38,290,131.32. This represents a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 49,115 shares of company stock worth $12,232,985. Company insiders own 0.33% of the company’s stock.

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.