Adell Harriman & Carpenter Inc. Invests $220,000 in Analog Devices, Inc. $ADI

Adell Harriman & Carpenter Inc. purchased a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 925 shares of the semiconductor company’s stock, valued at approximately $220,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. lifted its holdings in shares of Analog Devices by 284.4% during the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock valued at $6,262,000 after purchasing an additional 22,973 shares in the last quarter. Solstein Capital LLC boosted its stake in shares of Analog Devices by 2.0% in the 2nd quarter. Solstein Capital LLC now owns 2,307 shares of the semiconductor company’s stock worth $549,000 after buying an additional 46 shares during the last quarter. Keybank National Association OH boosted its stake in shares of Analog Devices by 85.8% in the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company’s stock worth $5,461,000 after buying an additional 12,505 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Analog Devices by 13.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 203,286 shares of the semiconductor company’s stock worth $48,386,000 after buying an additional 24,425 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings in Analog Devices by 108.2% in the second quarter. Nordea Investment Management AB now owns 92,413 shares of the semiconductor company’s stock valued at $21,927,000 after acquiring an additional 48,021 shares during the period. 86.81% of the stock is owned by institutional investors.

Analog Devices Price Performance

NASDAQ:ADI opened at $232.90 on Friday. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The business’s 50-day simple moving average is $244.28 and its two-hundred day simple moving average is $229.39. The stock has a market cap of $114.58 billion, a PE ratio of 59.41, a P/E/G ratio of 1.98 and a beta of 1.09. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13.

Analog Devices (NASDAQ:ADI) last released its quarterly earnings data 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 net margin of 18.85% and a return on equity of 10.32%. The business had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the prior year, the firm earned $1.58 EPS. The business’s revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. 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 is 101.02%.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, Director Edward H. Frank sold 1,000 shares of the stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the completion of the transaction, the director owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This represents a 16.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total transaction of $771,625.00. Following the transaction, the director directly owned 155,071 shares of the company’s stock, valued at $38,290,131.32. This trade represents a 1.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 49,115 shares of company stock worth $12,232,985. Insiders own 0.33% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Benchmark increased their target price on Analog Devices from $260.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, August 21st. KeyCorp increased their target price on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Barclays increased their target price on Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” 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. Finally, UBS Group lowered their target price on Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a report on Monday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and a consensus 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.