Analog Devices, Inc. $ADI Shares Sold by Guinness Atkinson Asset Management Inc

Guinness Atkinson Asset Management Inc lowered its stake in Analog Devices, Inc. (NASDAQ:ADI) by 14.3% during the second quarter, HoldingsChannel reports. The firm owned 1,026 shares of the semiconductor company’s stock after selling 171 shares during the quarter. Guinness Atkinson Asset Management Inc’s holdings in Analog Devices were worth $244,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of ADI. Vanguard Group Inc. increased its stake in Analog Devices by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock valued at $9,975,681,000 after buying an additional 359,841 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Analog Devices by 26.7% in the first 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 acquiring an additional 2,407,460 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Analog Devices by 0.3% during the first quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock worth $793,616,000 after acquiring an additional 12,666 shares during the period. Amundi increased its stake in shares of Analog Devices by 29.2% during the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock worth $785,071,000 after acquiring an additional 880,636 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Analog Devices by 1.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,397,181 shares of the semiconductor company’s stock worth $685,109,000 after purchasing an additional 63,566 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Down 2.2%

ADI opened at $238.01 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The company has a market cap of $117.09 billion, a price-to-earnings ratio of 60.72, a PEG ratio of 2.01 and a beta of 1.09. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The business’s fifty day moving average is $244.35 and its two-hundred day moving average is $228.23.

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. The business 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%.The business’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter last year, the business posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.7%. Analog Devices’s payout ratio is presently 101.02%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Piper Sandler lifted 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. Morgan Stanley lifted their price target on Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Stifel Nicolaus upped their price objective on Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Wells Fargo & Company raised their target price on Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $275.29.

Insider Buying and Selling

In related news, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the completion of the transaction, the senior vice president directly owned 13,549 shares in the company, valued at $3,360,558.47. The trade was a 15.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $242.74, for a total value of $242,740.00. Following the completion of the sale, the director directly 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 disclosure for this sale can be found here. Over the last ninety days, insiders have sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is owned by company insiders.

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.