Analog Devices, Inc. $ADI Stake Boosted by Bennett Associates Wealth Management

Bennett Associates Wealth Management boosted its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 2.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,624 shares of the semiconductor company’s stock after purchasing an additional 46 shares during the period. Bennett Associates Wealth Management’s holdings in Analog Devices were worth $387,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Activest Wealth Management lifted its position in shares of Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after buying an additional 127 shares during the last quarter. Alpine Bank Wealth Management bought a new position in shares of Analog Devices in the 1st quarter valued at approximately $27,000. N.E.W. Advisory Services LLC bought a new position in shares of Analog Devices in the 1st quarter valued at approximately $33,000. North Capital Inc. bought a new stake in Analog Devices during the first quarter worth approximately $36,000. Finally, Wolff Wiese Magana LLC grew its holdings in Analog Devices by 209.8% during the first quarter. Wolff Wiese Magana LLC now owns 189 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 128 shares during the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analog Devices Price Performance

Shares of NASDAQ:ADI opened at $242.50 on Tuesday. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The firm has a market capitalization of $119.30 billion, a PE ratio of 61.86, a PEG ratio of 2.04 and a beta of 1.09. The business’s 50 day moving average is $241.13 and its 200-day moving average is $223.69. 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 (NASDAQ:ADI) last announced its quarterly 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 firm had revenue of $2.88 billion for the quarter, compared to analyst estimates 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% 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. Sell-side analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.99 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. Analog Devices’s dividend payout ratio (DPR) is currently 101.02%.

Insider Buying and Selling

In other Analog Devices news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred 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 directly owned 155,071 shares of the company’s stock, valued at approximately $38,290,131.32. The trade was a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Martin Cotter sold 12,500 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $246.25, for a total value of $3,078,125.00. Following the transaction, the senior vice president owned 63,048 shares of the company’s stock, valued at $15,525,570. This trade represents a 16.55% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 51,240 shares of company stock valued at $12,737,838 over the last ninety days. Company insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ADI. Wells Fargo & Company boosted their price objective on shares of Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 21st. The Goldman Sachs Group assumed coverage on shares of Analog Devices in a report on Thursday, July 10th. They set a “buy” rating and a $285.00 price target for the company. Morgan Stanley raised their price target on Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. Keefe, Bruyette & Woods raised Analog Devices to an “outperform” rating in a research report on Wednesday, June 18th. Finally, Truist Financial increased their target price on Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a research note on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $275.29.

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.