Focus Partners Wealth Buys 10,877 Shares of Analog Devices, Inc. $ADI

Focus Partners Wealth grew its stake in shares of Analog Devices, Inc. (NASDAQ:ADIFree Report) by 46.3% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 34,370 shares of the semiconductor company’s stock after acquiring an additional 10,877 shares during the period. Focus Partners Wealth’s holdings in Analog Devices were worth $6,932,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Analog Devices by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock worth $9,975,681,000 after buying an additional 359,841 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Analog Devices by 26.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock worth $2,304,098,000 after acquiring an additional 2,407,460 shares during the period. Raymond James Financial Inc. grew its holdings in Analog Devices by 0.3% during the 1st quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock worth $793,616,000 after acquiring an additional 12,666 shares in the last quarter. Amundi grew its holdings in Analog Devices by 29.2% during the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock worth $785,071,000 after acquiring an additional 880,636 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Analog Devices by 1.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,397,181 shares of the semiconductor company’s stock valued at $685,109,000 after purchasing an additional 63,566 shares during the period. Institutional investors own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

ADI has been the topic of a number of recent research reports. UBS Group dropped their price objective on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a research note on Monday, July 7th. Evercore ISI increased their target price on Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Barclays lifted their price target on Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Cantor Fitzgerald upgraded Analog Devices from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $250.00 to $270.00 in a research note on Wednesday, June 18th. Finally, KeyCorp lifted their target price on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $273.53.

View Our Latest Stock Report on Analog Devices

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $245.21 on Friday. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The company has a market cap of $120.63 billion, a PE ratio of 62.55, a P/E/G ratio of 2.10 and a beta of 1.08. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The business has a 50-day simple moving average of $238.98 and a two-hundred day simple moving average of $220.39.

Analog Devices (NASDAQ:ADIGet Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.95 by $0.10. The firm had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. Analog Devices’s revenue was up 24.6% on a year-over-year basis. During the same period last year, the firm posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date is Tuesday, September 2nd. Analog Devices’s payout ratio is presently 101.02%.

Insider Transactions at Analog Devices

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 13,549 shares in the company, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the transaction, the director directly owned 167,571 shares of the company’s stock, valued at $40,088,010.33. This represents a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,115 shares of company stock worth $9,529,113 in the last ninety days. Corporate insiders own 0.33% of the company’s stock.

About Analog Devices

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding ADI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Analog Devices, Inc. (NASDAQ:ADIFree Report).

Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

Receive News & Ratings for Analog Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Analog Devices and related companies with MarketBeat.com's FREE daily email newsletter.