Analog Devices, Inc. $ADI Shares Sold by SVB Wealth LLC

SVB Wealth LLC lowered its position in Analog Devices, Inc. (NASDAQ:ADI) by 19.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,070 shares of the semiconductor company’s stock after selling 10,428 shares during the quarter. SVB Wealth LLC’s holdings in Analog Devices were worth $8,888,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. boosted its holdings in Analog Devices by 284.4% in the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock valued at $6,262,000 after acquiring an additional 22,973 shares during the last quarter. Freestone Grove Partners LP purchased a new position in Analog Devices in the fourth quarter valued at about $10,212,000. Sowell Financial Services LLC purchased a new position in Analog Devices in the first quarter valued at about $296,000. Keybank National Association OH raised its position in 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 purchasing an additional 12,505 shares during the period. Finally, Eastern Bank raised its position in Analog Devices by 6.0% in 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 during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analyst Weigh In

ADI has been the topic of several research reports. Stifel Nicolaus raised their price objective on Analog Devices from $248.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Raymond James Financial raised Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Wednesday, June 18th. JPMorgan Chase & Co. lifted their target price on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday. Barclays lifted their target price on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, Morgan Stanley lifted their target price on Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Analog Devices currently has an average rating of “Moderate Buy” and an average price target of $273.53.

Insider Buying and Selling

In other Analog Devices news, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total value of $747,593.75. Following the transaction, the director owned 167,571 shares of the company’s stock, valued at approximately $40,088,010.33. This represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.33% of the stock is currently owned by insiders.

Analog Devices Stock Performance

Shares of ADI stock opened at $252.20 on Friday. The company has a quick ratio of 1.51, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The business has a 50 day moving average of $234.80 and a two-hundred day moving average of $217.35. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $257.22. The company has a market cap of $125.15 billion, a P/E ratio of 64.34, a PEG ratio of 2.19 and a beta of 1.05.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating 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 company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the previous year, the firm posted $1.58 earnings per share. 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. As a group, analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

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

About Analog Devices

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.