Advisors Capital Management LLC Purchases 237 Shares of Analog Devices, Inc. $ADI

Advisors Capital Management LLC boosted its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 5.7% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 4,421 shares of the semiconductor company’s stock after buying an additional 237 shares during the period. Advisors Capital Management LLC’s holdings in Analog Devices were worth $1,052,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Activest Wealth Management increased its stake in Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 127 shares during the last quarter. RMG Wealth Management LLC purchased a new position in shares of Analog Devices in the 2nd quarter valued at $26,000. N.E.W. Advisory Services LLC bought a new position in Analog Devices in the first quarter worth about $33,000. Saudi Central Bank acquired a new stake in Analog Devices in the first quarter valued at approximately $39,000. Finally, Nova Wealth Management Inc. purchased a new stake in Analog Devices in the first quarter valued at about $42,000. 86.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on ADI shares. JPMorgan Chase & Co. lifted their price target on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Barclays boosted their price target on shares of Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Morgan Stanley raised their price objective on Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Cantor Fitzgerald lifted their price target on Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, September 30th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Analog Devices in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Analog Devices presently has a consensus rating of “Moderate Buy” and an average price target of $277.89.

Insiders Place Their Bets

In other news, SVP Martin Cotter sold 12,500 shares of the stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the transaction, the senior vice president owned 63,048 shares of the company’s stock, valued at approximately $15,525,570. This trade represents a 16.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $230.21, for a total transaction of $719,406.25. Following 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 disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 62,240 shares of company stock valued at $15,301,891. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Trading Down 1.1%

Shares of ADI stock opened at $234.89 on Friday. The company has a market capitalization of $115.56 billion, a P/E ratio of 59.92, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13. The business’s 50 day moving average is $240.54 and its two-hundred day moving average is $233.61.

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

Analog Devices Announces Dividend

The business also recently declared 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 is currently 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.