Stratos Wealth Advisors LLC trimmed its position in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 8.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,541 shares of the semiconductor company’s stock after selling 310 shares during the period. Stratos Wealth Advisors LLC’s holdings in Analog Devices were worth $843,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of Analog Devices by 39.5% during the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company’s stock worth $397,000 after acquiring an additional 529 shares in the last quarter. GAMMA Investing LLC lifted its stake in Analog Devices by 26.7% during the first quarter. GAMMA Investing LLC now owns 10,967 shares of the semiconductor company’s stock worth $2,212,000 after purchasing an additional 2,314 shares during the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Analog Devices in the 1st quarter valued at $296,000. Blue Trust Inc. boosted its holdings in shares of Analog Devices by 21.6% in the 1st quarter. Blue Trust Inc. now owns 3,681 shares of the semiconductor company’s stock valued at $742,000 after purchasing an additional 655 shares in the last quarter. Finally, Segment Wealth Management LLC increased its stake in shares of Analog Devices by 166.8% in the 1st quarter. Segment Wealth Management LLC now owns 2,879 shares of the semiconductor company’s stock valued at $581,000 after purchasing an additional 1,800 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts recently weighed in on ADI shares. Wells Fargo & Company upped their price objective on Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Truist Financial increased their target price on shares of Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a report on Thursday, August 21st. Needham & Company LLC restated a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Seaport Res Ptn upgraded shares of Analog Devices from a “strong sell” rating to a “hold” rating in a research report on Monday, July 21st. Finally, UBS Group cut their target price on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a research report on Monday, July 7th. Two 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $275.29.
Analog Devices Stock Up 0.5%
NASDAQ:ADI opened at $242.87 on Friday. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. 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 company has a market cap of $119.48 billion, a PE ratio of 61.96, a P/E/G ratio of 2.05 and a beta of 1.09. The firm’s 50 day simple moving average is $243.30 and its 200 day simple moving average is $225.47.
Analog Devices (NASDAQ:ADI – Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The firm had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter last year, the firm earned $1.58 earnings per share. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.
Analog Devices Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.99 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. Analog Devices’s dividend payout ratio is presently 101.02%.
Insider Activity at Analog Devices
In related news, CEO Vincent Roche sold 20,000 shares of Analog Devices stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the transaction, the chief executive officer directly owned 23,515 shares of the company’s stock, valued at $5,979,629.35. The trade was a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Edward H. Frank sold 1,000 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the sale, the director directly owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This represents a 16.35% decrease in their position. The disclosure for this sale can be found here. Insiders sold 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.
About Analog Devices
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.
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