Analog Devices, Inc. $ADI Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lessened its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 22.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 144,183 shares of the semiconductor company’s stock after selling 41,210 shares during the quarter. Teacher Retirement System of Texas’ holdings in Analog Devices were worth $34,318,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Transcend Capital Advisors LLC boosted its holdings in shares of Analog Devices by 9.3% during the second quarter. Transcend Capital Advisors LLC now owns 1,773 shares of the semiconductor company’s stock worth $422,000 after purchasing an additional 151 shares during the last quarter. Convergence Investment Partners LLC acquired a new stake in shares of Analog Devices during the second quarter worth $3,511,000. Banco Santander S.A. boosted its holdings in shares of Analog Devices by 14.7% during the second quarter. Banco Santander S.A. now owns 79,801 shares of the semiconductor company’s stock worth $18,994,000 after purchasing an additional 10,257 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its holdings in shares of Analog Devices by 33.4% during the second quarter. Ashton Thomas Private Wealth LLC now owns 17,448 shares of the semiconductor company’s stock worth $4,153,000 after purchasing an additional 4,367 shares during the last quarter. Finally, Solstein Capital LLC boosted its holdings in shares of Analog Devices by 2.0% during the second quarter. Solstein Capital LLC now owns 2,307 shares of the semiconductor company’s stock worth $549,000 after purchasing an additional 46 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Trading Up 2.1%

Shares of ADI opened at $243.01 on Tuesday. 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 capitalization of $119.55 billion, a P/E ratio of 61.99, a price-to-earnings-growth ratio of 2.01 and a beta of 1.09. The stock’s fifty day simple moving average is $244.58 and its 200 day simple moving average is $228.55. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS 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 company had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same period last year, the company posted $1.58 earnings per share. The firm’s revenue 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. On average, equities research analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

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 $0.99 dividend. The ex-dividend date of this dividend 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%.

Insider Buying and Selling

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $246.25, for a total value of $3,078,125.00. Following the transaction, the senior vice president directly owned 63,048 shares of the company’s stock, valued at $15,525,570. This trade represents a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the completion of the transaction, the director directly owned 155,071 shares in the company, valued at $38,290,131.32. This trade represents a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 49,115 shares of company stock valued at $12,232,985 over the last ninety days. Insiders own 0.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ADI shares. Citigroup restated a “buy” rating and set a $290.00 price objective (up previously from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Evercore ISI raised 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. Cantor Fitzgerald raised their price objective on Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, September 30th. Benchmark raised their price objective on Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, Barclays increased their target price on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research report 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 given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $275.29.

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.