Focus Financial Network Inc. Has $455,000 Holdings in Analog Devices, Inc. $ADI

Focus Financial Network Inc. boosted its stake in Analog Devices, Inc. (NASDAQ:ADI) by 4.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,910 shares of the semiconductor company’s stock after purchasing an additional 88 shares during the period. Focus Financial Network Inc.’s holdings in Analog Devices were worth $455,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. lifted its stake in Analog Devices by 284.4% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock valued at $6,262,000 after purchasing an additional 22,973 shares during the last quarter. Sowell Financial Services LLC bought a new position in shares of Analog Devices in the first quarter valued at $296,000. Keybank National Association OH lifted its stake in shares of Analog Devices by 85.8% in the first quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company’s stock valued at $5,461,000 after buying an additional 12,505 shares in the last quarter. Eastern Bank lifted its position in shares of Analog Devices by 6.0% during the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company’s stock valued at $39,664,000 after purchasing an additional 11,101 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of Analog Devices by 4.3% during the first quarter. Dynamic Advisor Solutions LLC now owns 6,072 shares of the semiconductor company’s stock valued at $1,224,000 after purchasing an additional 251 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. Cantor Fitzgerald raised shares of Analog Devices from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $250.00 to $270.00 in a research report on Wednesday, June 18th. Raymond James Financial raised shares of Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Wednesday, June 18th. Zacks Research upgraded shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Friday, August 22nd. Morgan Stanley upped their price target 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. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Analog Devices currently has an average rating of “Moderate Buy” and an average target price of $273.53.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the company’s 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 completion of the transaction, the senior vice president directly owned 13,549 shares in the company, valued at $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the completion of the transaction, the chief executive officer owned 23,515 shares of the company’s stock, valued at approximately $5,979,629.35. The trade was a 45.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 41,240 shares of company stock valued at $10,300,738. 0.33% of the stock is owned by corporate insiders.

Analog Devices Price Performance

ADI opened at $245.33 on Friday. 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 stock has a market capitalization of $120.69 billion, a P/E ratio of 62.58, a P/E/G ratio of 2.07 and a beta of 1.08. The company’s 50-day simple moving average is $239.18 and its two-hundred day simple moving average is $221.03. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13.

Analog Devices (NASDAQ:ADI) last posted its 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. The business had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently announced 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 yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s payout ratio is 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.