Analog Devices, Inc. $ADI Position Trimmed by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. decreased its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 0.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,380 shares of the semiconductor company’s stock after selling 183 shares during the period. Analog Devices comprises about 1.4% of Schmidt P J Investment Management Inc.’s portfolio, making the stock its 21st largest holding. Schmidt P J Investment Management Inc.’s holdings in Analog Devices were worth $8,183,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. China Universal Asset Management Co. Ltd. grew its position 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 worth $6,262,000 after acquiring an additional 22,973 shares during the last quarter. Keybank National Association OH grew its position in shares of Analog Devices by 85.8% during the first quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company’s stock worth $5,461,000 after acquiring an additional 12,505 shares during the last quarter. Nordea Investment Management AB grew its position in shares of Analog Devices by 108.2% during the second quarter. Nordea Investment Management AB now owns 92,413 shares of the semiconductor company’s stock worth $21,927,000 after acquiring an additional 48,021 shares during the last quarter. Equitable Trust Co. grew its position in shares of Analog Devices by 9.3% during the second quarter. Equitable Trust Co. now owns 90,845 shares of the semiconductor company’s stock worth $21,623,000 after acquiring an additional 7,701 shares during the last quarter. Finally, Eastern Bank grew its position in shares of Analog Devices by 6.0% during the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company’s stock worth $39,664,000 after acquiring an additional 11,101 shares during the last quarter. Institutional investors own 86.81% of the company’s stock.

Analog Devices Price Performance

Shares of NASDAQ ADI opened at $238.01 on Monday. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13. 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 company has a market capitalization of $117.09 billion, a price-to-earnings ratio of 60.72, a PEG ratio of 2.01 and a beta of 1.09. The firm has a 50-day moving average of $244.35 and a two-hundred day moving average of $228.23.

Analog Devices (NASDAQ:ADI) last issued 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. 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 the consensus estimate of $2.76 billion. During the same period in the prior year, the company earned $1.58 EPS. Analog Devices’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 expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is presently 101.02%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ADI shares. Cantor Fitzgerald upped their price target on shares of Analog Devices from $270.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Evercore ISI upped their price objective on shares of Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a report 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. Finally, UBS Group reduced their price objective on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating for the company in a report on Monday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $275.29.

Insider Buying and Selling

In other Analog Devices news, Director Edward H. Frank sold 1,000 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $242.74, for a total value of $242,740.00. Following the completion of the sale, the director directly owned 5,118 shares of the company’s stock, valued at approximately $1,242,343.32. This represents a 16.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Vincent Roche sold 10,000 shares of the business’s stock in a transaction dated 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 owned 140,118 shares in the company, valued at approximately $34,148,157.78. The trade was a 6.66% decrease in their position. The disclosure for this sale can be found here. Insiders sold 49,115 shares of company stock worth $12,232,985 in the last ninety days. Insiders own 0.33% of the company’s stock.

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.