Beverly Hills Private Wealth LLC Cuts Stock Position in Analog Devices, Inc. $ADI

Beverly Hills Private Wealth LLC decreased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 9.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,588 shares of the semiconductor company’s stock after selling 269 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in Analog Devices were worth $616,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of ADI. Brighton Jones LLC increased its holdings in 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 purchasing an additional 529 shares during the period. GAMMA Investing LLC increased its holdings in Analog Devices by 26.7% during the 1st 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 period. Live Oak Private Wealth LLC increased its holdings in Analog Devices by 7.0% during the 1st quarter. Live Oak Private Wealth LLC now owns 29,855 shares of the semiconductor company’s stock worth $6,021,000 after purchasing an additional 1,949 shares during the period. JFS Wealth Advisors LLC increased its holdings in Analog Devices by 52.0% during the 1st quarter. JFS Wealth Advisors LLC now owns 558 shares of the semiconductor company’s stock worth $113,000 after purchasing an additional 191 shares during the period. Finally, Continuum Advisory LLC increased its holdings in Analog Devices by 14.8% during the 1st quarter. Continuum Advisory LLC now owns 443 shares of the semiconductor company’s stock worth $89,000 after purchasing an additional 57 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on ADI. Weiss Ratings restated a “buy (b-)” rating on shares of Analog Devices in a report on Wednesday, October 8th. JPMorgan Chase & Co. upped their price objective on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. The Goldman Sachs Group initiated coverage on Analog Devices in a research report on Thursday, July 10th. They set a “buy” rating and a $285.00 price objective for the company. Truist Financial upped their price objective on Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a research report on Thursday, August 21st. Finally, Zacks Research raised Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $275.29.

Insider Activity at Analog Devices

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total transaction of $771,625.00. Following the completion of the sale, the director directly owned 155,071 shares of the company’s stock, valued at approximately $38,290,131.32. This trade represents a 1.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 stock was sold at an average price of $242.74, for a total value 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. The trade was a 16.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,115 shares of company stock worth $12,232,985 in the last ninety days. Company insiders own 0.33% of the company’s stock.

Analog Devices Stock Up 1.4%

Shares of NASDAQ ADI opened at $246.22 on Tuesday. The stock has a market cap of $121.13 billion, a PE ratio of 62.81, a price-to-earnings-growth ratio of 2.05 and a beta of 1.09. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The business has a 50-day moving average price of $243.74 and a 200 day moving average price of $226.35.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping 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 company had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same period last year, the firm earned $1.58 EPS. The firm’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. 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 dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) 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.