Goldstein Advisors LLC Makes New Investment in Analog Devices, Inc. $ADI

Goldstein Advisors LLC bought a new position in Analog Devices, Inc. (NASDAQ:ADI) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 867 shares of the semiconductor company’s stock, valued at approximately $206,000.

Several other hedge funds also recently bought and sold shares of ADI. Activest Wealth Management increased its position in Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 127 shares during the last quarter. RMG Wealth Management LLC acquired a new position in Analog Devices in the 2nd quarter worth about $26,000. Alpine Bank Wealth Management acquired a new position in Analog Devices in the 1st quarter worth about $27,000. N.E.W. Advisory Services LLC acquired a new position in Analog Devices in the 1st quarter worth about $33,000. Finally, North Capital Inc. acquired a new position in Analog Devices in the 1st quarter worth about $36,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Edward H. Frank sold 1,000 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $242.74, for a total transaction of $242,740.00. Following the completion of the sale, the director owned 5,118 shares in the company, valued at $1,242,343.32. This represents a 16.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 value of $771,625.00. Following the sale, the director owned 155,071 shares of the company’s stock, valued at approximately $38,290,131.32. The trade was a 1.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 49,115 shares of company stock worth $12,232,985 over the last 90 days. Company insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ADI. Cantor Fitzgerald upped their target price on Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Evercore ISI increased their price objective on Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. JPMorgan Chase & Co. increased their price objective on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Finally, Piper Sandler increased their price objective on Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $275.29.

Analog Devices Stock Performance

Shares of NASDAQ ADI opened at $242.87 on Friday. The business’s 50-day simple moving average is $243.30 and its 200-day simple moving average is $225.47. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The firm has a market cap of $119.48 billion, a price-to-earnings ratio of 61.96, a P/E/G ratio of 2.05 and a beta of 1.09. 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 (NASDAQ:ADI) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating the consensus estimate 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 prior year, the company earned $1.58 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently announced 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 is presently 101.02%.

Analog Devices 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.