Forvis Mazars Wealth Advisors LLC Decreases Position in Analog Devices, Inc. $ADI

Forvis Mazars Wealth Advisors LLC decreased its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 5.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,910 shares of the semiconductor company’s stock after selling 120 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Analog Devices were worth $455,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Crux Wealth Advisors raised its position in shares of Analog Devices by 6.1% during the 2nd quarter. Crux Wealth Advisors now owns 6,161 shares of the semiconductor company’s stock worth $1,466,000 after purchasing an additional 355 shares during the period. Mezzasalma Advisors LLC boosted its stake in shares of Analog Devices by 3.3% during the 2nd quarter. Mezzasalma Advisors LLC now owns 2,112 shares of the semiconductor company’s stock worth $503,000 after acquiring an additional 68 shares in the last quarter. Chicago Partners Investment Group LLC bought a new stake in shares of Analog Devices during the 2nd quarter worth $419,000. BKM Wealth Management LLC boosted its position in shares of Analog Devices by 1.5% in the second quarter. BKM Wealth Management LLC now owns 12,014 shares of the semiconductor company’s stock worth $2,860,000 after buying an additional 176 shares during the period. Finally, Goldstein Advisors LLC acquired a new stake in shares of Analog Devices in the second quarter worth $206,000. Institutional investors own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ADI. Barclays increased their price objective on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating 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 stock 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 stock an “overweight” rating in a report on Thursday, August 21st. Seaport Res Ptn upgraded Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Finally, Citigroup reiterated a “buy” rating and set a $290.00 price objective (up from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Two equities research 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $275.29.

Insider Buying and Selling

In other news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the transaction, the chief executive officer owned 140,118 shares in the company, valued at approximately $34,148,157.78. This represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,115 shares of company stock valued at $12,232,985 in the last quarter. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Price Performance

ADI stock opened at $242.87 on Monday. The stock has a 50-day moving average price of $243.30 and a two-hundred day moving average price of $225.78. The stock has a market cap of $119.48 billion, a PE ratio of 61.96, a price-to-earnings-growth ratio of 2.05 and a beta of 1.09. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data 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. The company had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.Analog Devices’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given 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%.

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.