One Way Holdings LLC raised its stake in Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 8.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,356 shares of the semiconductor company’s stock after buying an additional 4,371 shares during the period. One Way Holdings LLC’s holdings in Analog Devices were worth $23,150,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Petros Family Wealth LLC grew its holdings in shares of Analog Devices by 0.8% in the 3rd quarter. Petros Family Wealth LLC now owns 3,377 shares of the semiconductor company’s stock worth $1,340,000 after acquiring an additional 26 shares during the period. Bridgewater Advisors Inc. increased its stake in Analog Devices by 1.5% in the 1st quarter. Bridgewater Advisors Inc. now owns 1,805 shares of the semiconductor company’s stock valued at $574,000 after purchasing an additional 27 shares in the last quarter. Silicon Valley Capital Partners increased its stake in Analog Devices by 4.2% in the 1st quarter. Silicon Valley Capital Partners now owns 672 shares of the semiconductor company’s stock valued at $214,000 after purchasing an additional 27 shares in the last quarter. Cornerstone Financial Management LLC raised its holdings in Analog Devices by 54.9% during the second quarter. Cornerstone Financial Management LLC now owns 79 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 28 shares during the last quarter. Finally, 55 North Private Wealth LLC raised its holdings in Analog Devices by 2.8% during the third quarter. 55 North Private Wealth LLC now owns 1,018 shares of the semiconductor company’s stock worth $404,000 after purchasing an additional 28 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, CEO Vincent Roche sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $396.94, for a total value of $3,969,400.00. Following the sale, the chief executive officer directly owned 115,460 shares of the company’s stock, valued at approximately $45,830,692.40. This trade represents a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vivek Jain sold 3,305 shares of the business’s stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $406.58, for a total transaction of $1,343,746.90. Following the completion of the sale, the insider owned 40,428 shares of the company’s stock, valued at approximately $16,437,216.24. The trade was a 7.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 42,436 shares of company stock worth $16,384,954 over the last ninety days. Insiders own 0.36% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on ADI shares. Seaport Research Partners raised Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 target price on the stock in a report on Thursday, August 20th. Evercore decreased their price objective on shares of Analog Devices from $474.00 to $462.00 and set an “outperform” rating on the stock in a research report on Thursday, August 20th. Sanford C. Bernstein upgraded shares of Analog Devices from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $430.00 to $465.00 in a research report on Wednesday, August 19th. Cantor Fitzgerald reissued an “overweight” rating and issued a $510.00 price objective (up from $400.00) on shares of Analog Devices in a research note on Tuesday, September 8th. Finally, KeyCorp raised their target price on shares of Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $460.55.
View Our Latest Research Report on ADI
Analog Devices Stock Performance
Shares of NASDAQ ADI opened at $417.11 on Monday. The company has a 50-day simple moving average of $388.54 and a 200-day simple moving average of $371.13. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.25 and a quick ratio of 0.91. The company has a market cap of $202.12 billion, a PE ratio of 49.48, a price-to-earnings-growth ratio of 1.28 and a beta of 1.24. Analog Devices, Inc. has a 12 month low of $223.47 and a 12 month high of $445.91.
Analog Devices (NASDAQ:ADI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%. The business’s revenue for the quarter was up 39.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 13.00 earnings per share for the current year.
Analog Devices Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $1.10 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $4.40 annualized dividend and a yield of 1.1%. Analog Devices’s payout ratio is 52.19%.
About Analog Devices
Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that designs and manufactures analog, mixed-signal and digital signal-processing technologies. Its products convert, condition and process real-world signals such as temperature, pressure, sound, motion, light and electrical power, helping electronic systems interpret and respond to physical environments.
The company offers a broad portfolio of integrated circuits, power-management products, amplifiers, data converters, sensors, radio-frequency and microwave components, connectivity solutions and embedded processors.
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