Analog Devices, Inc. $ADI Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. increased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 27.1% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,162 shares of the semiconductor company’s stock after purchasing an additional 1,951 shares during the quarter. D.A. Davidson & CO.’s holdings in Analog Devices were worth $2,181,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in ADI. Price T Rowe Associates Inc. MD increased its holdings in Analog Devices by 26.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock valued at $2,304,098,000 after purchasing an additional 2,407,460 shares in the last quarter. Nuveen LLC acquired a new stake in Analog Devices in the first quarter valued at approximately $351,943,000. Amundi grew its position in Analog Devices by 29.2% in the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after acquiring an additional 880,636 shares in the last quarter. Voya Investment Management LLC grew its position in Analog Devices by 211.9% in the first quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock valued at $150,295,000 after acquiring an additional 506,314 shares in the last quarter. Finally, National Bank of Canada FI grew its holdings in Analog Devices by 52.5% during the 1st quarter. National Bank of Canada FI now owns 1,265,440 shares of the semiconductor company’s stock valued at $255,200,000 after purchasing an additional 435,881 shares in the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analysts Set New Price Targets

ADI has been the subject of a number of recent analyst reports. Barclays raised their price objective on Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” 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 report on Monday, July 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a report on Friday. JPMorgan Chase & Co. raised their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Finally, Truist Financial lifted their price target on Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research note 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 given a Hold rating to the company. Based on data from MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and an average target price of $275.29.

Insider Activity

In other Analog Devices 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 transaction of $242,740.00. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Katsufumi Nakamura sold 2,490 shares of the business’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 transaction, the senior vice president owned 13,549 shares of the company’s stock, valued at $3,360,558.47. This trade represents a 15.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 49,115 shares of company stock worth $12,232,985 over the last three months. Insiders own 0.33% of the company’s stock.

Analog Devices Trading Down 2.2%

NASDAQ:ADI opened at $238.01 on Monday. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13. The firm has a market capitalization of $117.09 billion, a P/E ratio of 60.72, a P/E/G ratio of 2.01 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The business has a 50 day simple moving average of $244.35 and a 200 day simple moving average of $228.23.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same quarter in the previous year, the firm posted $1.58 EPS. The business’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. Equities research analysts predict 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. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s 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.