Hibernia Wealth Partners LLC Makes New $299,000 Investment in Analog Devices, Inc. $ADI

Hibernia Wealth Partners LLC purchased a new stake in Analog Devices, Inc. (NASDAQ:ADI) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,253 shares of the semiconductor company’s stock, valued at approximately $299,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ADI. RMG Wealth Management LLC purchased a new stake in shares of Analog Devices during the second quarter worth approximately $26,000. Activest Wealth Management increased its stake in Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 127 shares during the period. N.E.W. Advisory Services LLC purchased a new position in Analog Devices during the 1st quarter worth $33,000. Access Investment Management LLC purchased a new position in Analog Devices during the 2nd quarter worth $45,000. Finally, Saudi Central Bank acquired a new stake in shares of Analog Devices in the 1st quarter worth $39,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ADI has been the topic of several recent analyst reports. BNP Paribas Exane assumed coverage on Analog Devices in a research report on Tuesday, November 4th. They set an “outperform” rating and a $300.00 target price on the stock. KeyCorp lifted their price target on Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Wells Fargo & Company increased their price objective on Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Seaport Res Ptn raised Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Finally, Piper Sandler boosted their target price on shares of Analog Devices from $215.00 to $245.00 and gave the stock a “neutral” rating in a research report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $277.89.

Insiders Place Their Bets

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the completion of the transaction, the senior vice president owned 13,549 shares of the company’s stock, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Martin Cotter sold 12,500 shares of the 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. This trade represents a 16.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 62,240 shares of company stock valued at $15,301,891. Insiders own 0.33% of the company’s stock.

Analog Devices Stock Down 1.6%

Shares of NASDAQ:ADI opened at $237.53 on Friday. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The firm has a market cap of $116.85 billion, a price-to-earnings ratio of 60.59, a PEG ratio of 1.98 and a beta of 1.09. The stock’s 50-day moving average price is $240.79 and its two-hundred day moving average price is $233.04. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results 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. The company 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%. Analog Devices’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter last year, the business earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors 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 yield of 1.7%. Analog Devices’s payout ratio is 101.02%.

About Analog Devices

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.