Yousif Capital Management LLC lowered its position in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 2.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,095 shares of the semiconductor company’s stock after selling 1,367 shares during the period. Yousif Capital Management LLC’s holdings in Analog Devices were worth $15,494,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in ADI. MGO One Seven LLC increased its position in Analog Devices by 25.9% in the 2nd quarter. MGO One Seven LLC now owns 4,136 shares of the semiconductor company’s stock valued at $985,000 after acquiring an additional 852 shares during the period. Cypress Capital Group acquired a new position in Analog Devices in the 2nd quarter valued at about $412,000. GW Henssler & Associates Ltd. increased its position in Analog Devices by 5.3% in the 2nd quarter. GW Henssler & Associates Ltd. now owns 59,105 shares of the semiconductor company’s stock valued at $14,068,000 after acquiring an additional 2,985 shares during the period. CWM LLC increased its position in Analog Devices by 30.7% in the 2nd quarter. CWM LLC now owns 30,412 shares of the semiconductor company’s stock valued at $7,239,000 after acquiring an additional 7,137 shares during the period. Finally, OFI Invest Asset Management increased its position in Analog Devices by 50.7% in the 2nd quarter. OFI Invest Asset Management now owns 21,126 shares of the semiconductor company’s stock valued at $5,028,000 after acquiring an additional 7,104 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Needham & Company LLC restated a “hold” rating on shares of Analog Devices in a research report on Thursday, August 21st. Noble Financial upgraded Analog Devices to an “outperform” rating in a research report on Wednesday, June 18th. Morgan Stanley boosted 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. Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $275.29.
Analog Devices Price Performance
Shares of ADI opened at $225.32 on Monday. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13. The stock’s 50 day moving average is $241.66 and its two-hundred day moving average is $224.32. The firm has a market capitalization of $110.85 billion, a PE ratio of 57.48, a P/E/G ratio of 1.90 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 (NASDAQ:ADI – Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share 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 for the quarter, compared to analyst estimates of $2.76 billion. During the same quarter in the previous year, the company earned $1.58 EPS. The firm’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. Research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.
Analog Devices Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.8%. Analog Devices’s payout ratio is 101.02%.
Insider Buying and Selling at Analog Devices
In other news, Director Ray Stata sold 3,125 shares of the business’s 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 owned 155,071 shares of the company’s stock, valued at $38,290,131.32. The trade was a 1.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $243.71, for a total value of $2,437,100.00. Following the sale, the chief executive officer directly owned 140,118 shares in the company, valued at $34,148,157.78. This trade represents a 6.66% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 52,240 shares of company stock worth $12,980,578. Corporate insiders own 0.33% of the company’s stock.
Analog Devices 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.
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