AE Wealth Management LLC Grows Position in Analog Devices, Inc. $ADI

AE Wealth Management LLC grew its stake in Analog Devices, Inc. (NASDAQ:ADI) by 3.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,758 shares of the semiconductor company’s stock after buying an additional 1,244 shares during the period. AE Wealth Management LLC’s holdings in Analog Devices were worth $8,273,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its holdings in shares of Analog Devices by 26.7% during 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 purchasing an additional 2,407,460 shares during the period. Nuveen LLC acquired a new stake in Analog Devices during the 1st quarter valued at approximately $351,943,000. Amundi lifted its stake in Analog Devices by 29.2% during the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after acquiring an additional 880,636 shares during the period. Voya Investment Management LLC boosted its holdings in shares of Analog Devices by 211.9% in the 1st quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock valued at $150,295,000 after acquiring an additional 506,314 shares during the last quarter. Finally, 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 acquiring an additional 487,535 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a research report on Thursday, August 21st. Barclays boosted their price objective on Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. BNP Paribas Exane initiated coverage on Analog Devices in a report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 target price on the stock. Evercore ISI lifted their price target on Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Finally, Seaport Res Ptn raised shares of Analog Devices from a “strong sell” rating to a “hold” rating in a research note on Monday, July 21st. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices currently has a consensus rating of “Moderate Buy” and an average target price of $277.89.

Analog Devices Stock Down 1.9%

Shares of NASDAQ ADI opened at $228.48 on Monday. The firm has a market cap of $112.40 billion, a price-to-earnings ratio of 58.29, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09. The company’s 50-day simple moving average is $241.70 and its 200-day simple moving average is $232.42. 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.

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

Analog Devices Dividend Announcement

The company 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 payout ratio is presently 101.02%.

Insider Transactions at Analog Devices

In other Analog Devices news, Director Edward H. Frank sold 1,000 shares of Analog Devices stock in a transaction on Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the sale, the director owned 5,118 shares of the company’s stock, valued at $1,242,343.32. The trade was a 16.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $230.21, for a total transaction of $719,406.25. Following the sale, the director directly owned 142,571 shares of the company’s stock, valued at $32,821,269.91. The trade was a 2.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 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 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.