Analog Devices, Inc. $ADI Shares Sold by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC trimmed its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 9.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,232 shares of the semiconductor company’s stock after selling 233 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Analog Devices were worth $531,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ADI. China Universal Asset Management Co. Ltd. raised its position in shares of Analog Devices by 284.4% in the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock valued at $6,262,000 after buying an additional 22,973 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in Analog Devices during the 1st quarter valued at about $296,000. Keybank National Association OH raised its holdings in Analog Devices by 85.8% in the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company’s stock valued at $5,461,000 after acquiring an additional 12,505 shares during the last quarter. Eastern Bank lifted its stake in Analog Devices by 6.0% in the 1st 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 in the last quarter. Finally, McLean Asset Management Corp purchased a new position in Analog Devices in the 2nd quarter worth approximately $262,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insiders Place Their Bets

In related news, Director Edward H. Frank sold 1,000 shares of the business’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the sale, the director owned 5,118 shares in the company, valued at approximately $1,242,343.32. The trade was a 16.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 140,118 shares of the company’s stock, valued at $34,148,157.78. This trade represents a 6.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 49,115 shares of company stock valued at $12,232,985. Insiders own 0.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Seaport Res Ptn upgraded Analog Devices from a “strong sell” rating to a “hold” rating in a research report on Monday, July 21st. UBS Group cut their target price on Analog Devices from $285.00 to $280.00 and set a “buy” rating for the company in a research note on Monday, July 7th. Evercore ISI boosted their price target on shares of Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a report on Wednesday, October 8th. Finally, KeyCorp lifted their target price 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. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $275.29.

Analog Devices Stock Up 0.5%

Shares of ADI opened at $242.87 on Friday. The company’s 50-day moving average price is $243.30 and its 200 day moving average price is $225.47. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The firm has a market cap of $119.48 billion, a P/E ratio of 61.96, a price-to-earnings-growth ratio of 2.05 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last announced its quarterly 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. 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 during the quarter, compared to analysts’ expectations of $2.76 billion. During the same period last year, the business earned $1.58 earnings per share. The business’s revenue for the quarter was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, sell-side analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

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