McAdam LLC Takes Position in Analog Devices, Inc. $ADI

McAdam LLC acquired a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 1,125 shares of the semiconductor company’s stock, valued at approximately $268,000.

A number of other large investors have also recently made changes to their positions in the stock. Baader Bank Aktiengesellschaft lifted its position in shares of Analog Devices by 3.9% during the 2nd quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company’s stock valued at $270,000 after buying an additional 43 shares in the last quarter. EFG Asset Management North America Corp. lifted its holdings in Analog Devices by 0.3% in the 1st quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company’s stock worth $2,866,000 after purchasing an additional 47 shares in the last quarter. Regatta Capital Group LLC lifted its holdings in Analog Devices by 4.5% in the 2nd quarter. Regatta Capital Group LLC now owns 1,124 shares of the semiconductor company’s stock worth $268,000 after purchasing an additional 48 shares in the last quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its holdings in Analog Devices by 0.6% in the 2nd quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 8,259 shares of the semiconductor company’s stock worth $1,966,000 after purchasing an additional 50 shares in the last quarter. Finally, Heritage Financial Services LLC lifted its holdings in Analog Devices by 1.6% in the 1st quarter. Heritage Financial Services LLC now owns 3,317 shares of the semiconductor company’s stock worth $669,000 after purchasing an additional 53 shares in the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Ray Stata sold 3,125 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total transaction of $771,625.00. Following the sale, the director owned 155,071 shares in the company, valued at approximately $38,290,131.32. This represents a 1.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Vincent Roche sold 20,000 shares of the stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total value of $5,085,800.00. Following the sale, the chief executive officer owned 23,515 shares in the company, valued at $5,979,629.35. The trade was a 45.96% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 41,240 shares of company stock worth $10,300,738. 0.33% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently commented on ADI. Cantor Fitzgerald raised Analog Devices from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $250.00 to $270.00 in a report on Wednesday, June 18th. Truist Financial boosted their price target on Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a report on Thursday, August 21st. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Citigroup reissued a “buy” rating and issued a $290.00 price target (up from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Finally, Zacks Research raised Analog Devices from a “hold” rating to a “strong-buy” rating in a report on Friday, August 22nd. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Analog Devices presently has an average rating of “Moderate Buy” and an average price target of $273.53.

Analog Devices Stock Performance

NASDAQ:ADI opened at $247.56 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The stock’s 50 day simple moving average is $239.79 and its two-hundred day simple moving average is $222.01. The company has a market cap of $121.79 billion, a price-to-earnings ratio of 63.15, a PEG ratio of 2.09 and a beta of 1.08.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the previous year, the company posted $1.58 EPS. The company’s revenue for the quarter 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, equities analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal 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 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 dividend payout ratio is presently 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.