Nixon Peabody Trust Co. Acquires 36,990 Shares of Analog Devices, Inc. $ADI

Nixon Peabody Trust Co. lifted its stake in Analog Devices, Inc. (NASDAQ:ADI) by 728.9% during the second quarter, HoldingsChannel.com reports. The firm owned 42,065 shares of the semiconductor company’s stock after purchasing an additional 36,990 shares during the quarter. Nixon Peabody Trust Co.’s holdings in Analog Devices were worth $10,012,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hibernia Wealth Partners LLC purchased a new stake in shares of Analog Devices in the second quarter worth $299,000. Intrua Financial LLC increased its stake in Analog Devices by 8.0% during the 2nd quarter. Intrua Financial LLC now owns 1,633 shares of the semiconductor company’s stock valued at $389,000 after purchasing an additional 121 shares in the last quarter. Arvest Bank Trust Division purchased a new position in Analog Devices in the second quarter worth about $402,000. Fiera Capital Corp lifted its stake in shares of Analog Devices by 5.8% in the second quarter. Fiera Capital Corp now owns 632,615 shares of the semiconductor company’s stock worth $150,575,000 after buying an additional 34,720 shares in the last quarter. Finally, Avalon Trust Co grew its holdings in shares of Analog Devices by 5.7% during the second quarter. Avalon Trust Co now owns 26,711 shares of the semiconductor company’s stock valued at $6,358,000 after buying an additional 1,433 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ADI. Zacks Research downgraded shares of Analog Devices from a “strong-buy” rating to a “hold” rating in a report on Monday. Benchmark lifted their target price on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Cantor Fitzgerald raised their price target on Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th. Finally, Stifel Nicolaus increased their target price on Analog Devices from $248.00 to $270.00 and gave the company a “buy” rating in a report on Friday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $277.89.

Insider Transactions at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the sale, the senior vice president directly owned 63,048 shares of the company’s stock, valued at $15,525,570. This trade represents a 16.55% 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, Director Edward H. Frank sold 1,000 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the sale, 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 SEC filing for this sale provides additional information. Over the last quarter, insiders sold 62,240 shares of company stock valued at $15,301,891. Company insiders own 0.33% of the company’s stock.

Analog Devices Price Performance

NASDAQ ADI opened at $237.53 on Friday. The business’s fifty day moving average is $240.79 and its 200 day moving average is $233.04. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week 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 company has a market capitalization of $116.85 billion, a PE ratio of 60.59, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data 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 return on equity of 10.32% and a net margin of 18.85%.The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter last year, the company earned $1.58 earnings per share. The business’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. Sell-side analysts predict 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. Shareholders of record on Tuesday, September 2nd were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio 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.