Analog Devices, Inc. $ADI Shares Acquired by NBT Bank N A NY

NBT Bank N A NY lifted its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 0.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 9,777 shares of the semiconductor company’s stock after buying an additional 63 shares during the period. NBT Bank N A NY’s holdings in Analog Devices were worth $2,327,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Activest Wealth Management raised its stake in shares of Analog Devices by 6,350.0% during the 1st 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 period. RMG Wealth Management LLC acquired a new position in shares of Analog Devices during the 2nd quarter worth about $26,000. Alpine Bank Wealth Management purchased a new position in Analog Devices in the 1st quarter valued at about $27,000. N.E.W. Advisory Services LLC purchased a new position in Analog Devices in the 1st quarter valued at about $33,000. Finally, North Capital Inc. acquired a new stake in Analog Devices in the 1st quarter worth about $36,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ADI has been the subject of several research reports. Citigroup reiterated a “buy” rating and set a $290.00 price objective (up from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Stifel Nicolaus increased their price objective on Analog Devices from $248.00 to $270.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Evercore ISI increased their price objective on Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Morgan Stanley increased their price objective on Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Finally, Noble Financial raised Analog Devices to an “outperform” rating in a research note on Wednesday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $275.29.

Insider Transactions at Analog Devices

In other Analog Devices news, Director Edward H. Frank sold 1,000 shares of the firm’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $242.74, for a total transaction of $242,740.00. Following the completion of the sale, the director owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This trade represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of the firm’s stock in a transaction 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 sale, the senior vice president directly owned 63,048 shares of the company’s stock, valued at approximately $15,525,570. This trade represents a 16.55% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 52,240 shares of company stock valued at $12,980,578. 0.33% of the stock is currently owned by company insiders.

Analog Devices Price Performance

NASDAQ:ADI opened at $237.93 on Thursday. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The stock has a market cap of $117.05 billion, a PE ratio of 60.70, a P/E/G ratio of 1.97 and a beta of 1.09. The stock has a 50 day moving average price of $241.32 and a 200 day moving average price of $223.86.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS 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 during the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter last year, the firm earned $1.58 earnings per share. The business’s revenue for the quarter was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

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 dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) 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.