VeraBank N.A. Acquires Shares of 956 Analog Devices, Inc. $ADI

VeraBank N.A. bought a new position in shares of Analog Devices, Inc. (NASDAQ:ADI) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 956 shares of the semiconductor company’s stock, valued at approximately $228,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Solstein Capital LLC grew its stake in shares of Analog Devices by 2.0% during the 2nd quarter. Solstein Capital LLC now owns 2,307 shares of the semiconductor company’s stock worth $549,000 after acquiring an additional 46 shares during the period. Nisa Investment Advisors LLC lifted its holdings in Analog Devices by 13.7% during the second quarter. Nisa Investment Advisors LLC now owns 203,286 shares of the semiconductor company’s stock valued at $48,386,000 after purchasing an additional 24,425 shares during the last quarter. Savvy Advisors Inc. bought a new position in Analog Devices during the second quarter worth about $279,000. Bank of Montreal Can increased its stake in shares of Analog Devices by 88.2% in the second quarter. Bank of Montreal Can now owns 1,040,536 shares of the semiconductor company’s stock worth $247,668,000 after purchasing an additional 487,535 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Analog Devices by 7.7% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,001,839 shares of the semiconductor company’s stock valued at $238,458,000 after purchasing an additional 71,735 shares during the period. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ADI. Morgan Stanley boosted their target price on shares of Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. BNP Paribas assumed coverage on Analog Devices in a report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 price objective on the stock. KeyCorp lifted their target price on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Wells Fargo & Company increased their price target on shares of Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $277.89.

Insider Buying and Selling

In other Analog Devices news, Director Ray Stata sold 3,125 shares of Analog Devices 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 sale, the director owned 142,571 shares of the company’s stock, valued at approximately $32,821,269.91. The trade was a 2.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Katsufumi Nakamura sold 2,490 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the sale, the senior vice president owned 13,549 shares of the company’s stock, valued at approximately $3,360,558.47. This trade represents a 15.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 62,240 shares of company stock valued at $15,301,891 in the last ninety days. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Stock Up 0.6%

Shares of Analog Devices stock opened at $233.41 on Wednesday. The company has a 50-day moving average of $241.02 and a 200 day moving average of $232.95. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The firm has a market cap of $114.83 billion, a price-to-earnings ratio of 59.54, a PEG 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.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS 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 firm had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.76 billion. During the same period in the prior year, the firm posted $1.58 earnings per share. The company’s quarterly revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, sell-side analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) is presently 101.02%.

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.