Zevin Asset Management LLC Sells 32,622 Shares of Analog Devices, Inc. $ADI

Zevin Asset Management LLC reduced its stake in Analog Devices, Inc. (NASDAQ:ADI) by 32.6% during the second quarter, Holdings Channel.com reports. The fund owned 67,451 shares of the semiconductor company’s stock after selling 32,622 shares during the quarter. Analog Devices makes up 2.3% of Zevin Asset Management LLC’s investment portfolio, making the stock its 16th biggest position. Zevin Asset Management LLC’s holdings in Analog Devices were worth $16,055,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. RMG Wealth Management LLC bought a new stake in Analog Devices during the 2nd quarter valued at $26,000. Activest Wealth Management increased its stake in shares of Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 127 shares during the period. N.E.W. Advisory Services LLC bought a new stake in shares of Analog Devices in the first quarter valued at about $33,000. Access Investment Management LLC purchased a new position in Analog Devices during the 2nd quarter valued at about $45,000. Finally, Saudi Central Bank bought a new stake in shares of Analog Devices in the 1st quarter valued at about $39,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling

In other Analog Devices news, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $234.95, for a total transaction of $2,349,500.00. Following the completion of the sale, the chief executive officer directly owned 163,640 shares in the company, valued at approximately $38,447,218. The trade was a 5.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $230.21, for a total value of $719,406.25. Following the completion of the transaction, the director owned 142,571 shares in the company, valued at approximately $32,821,269.91. This trade represents a 2.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 62,240 shares of company stock worth $15,301,891 in the last quarter. 0.33% of the stock is owned by insiders.

Analog Devices Stock Performance

ADI opened at $229.69 on Friday. The stock has a market cap of $113.00 billion, a P/E ratio of 58.81, a P/E/G ratio of 1.98 and a beta of 1.09. 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 firm has a fifty day moving average price of $242.16 and a 200 day moving average price of $231.33. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion for 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 company’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the firm earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is 101.02%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. BNP Paribas Exane started coverage on shares of Analog Devices in a report on Tuesday. They issued an “outperform” rating and a $300.00 target price for the company. BNP Paribas began coverage on Analog Devices in a research note on Tuesday. They set an “outperform” rating and a $300.00 price target on the stock. Evercore ISI lifted their target price on shares of Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Finally, Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $277.89.

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.