PKO Investment Management Joint Stock Co Decreases Stock Position in Analog Devices, Inc. $ADI

PKO Investment Management Joint Stock Co cut its position in Analog Devices, Inc. (NASDAQ:ADI) by 48.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 14,000 shares of the semiconductor company’s stock after selling 13,000 shares during the quarter. PKO Investment Management Joint Stock Co’s holdings in Analog Devices were worth $3,332,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. RMG Wealth Management LLC purchased a new position in shares of Analog Devices in the second quarter valued at $26,000. Activest Wealth Management boosted its stake 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 valued at $26,000 after purchasing an additional 127 shares during the period. Alpine Bank Wealth Management purchased a new position in shares of Analog Devices in the first quarter valued at $27,000. N.E.W. Advisory Services LLC bought a new position in Analog Devices during the 1st quarter valued at $33,000. Finally, North Capital Inc. bought a new position in Analog Devices during the 1st quarter valued at $36,000. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of Analog Devices stock in a transaction that occurred on Friday, September 5th. The shares were 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 approximately $15,525,570. The trade was a 16.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total transaction of $617,594.70. Following the transaction, the senior vice president owned 13,549 shares in the company, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 49,115 shares of company stock worth $12,232,985. 0.33% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Wells Fargo & Company increased their price objective on shares of Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. Truist Financial increased their price objective on shares of Analog Devices from $219.00 to $249.00 and gave the company a “hold” rating in a research note on Thursday, August 21st. Seaport Res Ptn raised shares of Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Benchmark increased their price objective on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, Citigroup reaffirmed a “buy” rating and issued a $290.00 price objective (up previously from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Analog Devices currently has an average rating of “Moderate Buy” and a consensus price target of $275.29.

Analog Devices Stock Down 2.2%

Analog Devices stock opened at $238.01 on Friday. The company’s 50-day moving average price is $244.35 and its two-hundred day moving average price is $227.58. The stock has a market cap of $117.09 billion, a price-to-earnings ratio of 60.72, a PEG ratio of 2.05 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, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The company had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same period last year, the company posted $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. On average, analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were given a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) 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.