Analog Devices, Inc. $ADI Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. trimmed its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 12.1% during the second quarter, Holdings Channel reports. The firm owned 76,133 shares of the semiconductor company’s stock after selling 10,499 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Analog Devices were worth $18,121,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of ADI. Activest Wealth Management grew its position in shares of Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 127 shares during the last quarter. RMG Wealth Management LLC acquired a new position in shares of Analog Devices during the second quarter worth approximately $26,000. N.E.W. Advisory Services LLC acquired a new position in shares of Analog Devices during the first quarter worth approximately $33,000. North Capital Inc. acquired a new position in shares of Analog Devices during the first quarter worth approximately $36,000. Finally, Saudi Central Bank acquired a new position in shares of Analog Devices during the first quarter worth approximately $39,000. Institutional investors own 86.81% of the company’s stock.

Analysts Set New Price Targets

ADI has been the topic of a number of recent analyst reports. Barclays lifted their price objective on shares of Analog Devices from $185.00 to $240.00 and gave the company an “equal weight” rating in a research note on Thursday, August 21st. Citigroup restated a “buy” rating and set a $290.00 price objective (up from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. Seaport Res Ptn upgraded shares of Analog Devices from a “strong sell” rating to a “hold” rating in a research note on Monday, July 21st. Evercore ISI raised their price objective on shares of Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a research note on Thursday, August 21st. Finally, Morgan Stanley raised their price objective on shares of Analog Devices from $273.00 to $288.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $275.29.

Analog Devices Trading Down 2.2%

Shares of ADI stock opened at $238.01 on Friday. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The stock has a market capitalization of $117.09 billion, a P/E ratio of 60.72, a P/E/G ratio of 2.01 and a beta of 1.09. The stock has a 50-day simple moving average of $244.35 and a 200 day simple moving average of $228.01. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24.

Analog Devices (NASDAQ:ADI) last released its earnings results 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 analyst estimates of $2.76 billion. During the same period in the prior year, the business earned $1.58 earnings per share. The business’s quarterly 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. On average, sell-side analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

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

Insider Activity at Analog Devices

In other news, SVP Martin Cotter sold 12,500 shares of the business’s stock in a transaction on 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. The trade was a 16.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total value of $771,625.00. Following the sale, the director directly owned 155,071 shares in the company, valued at $38,290,131.32. This trade represents a 1.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,115 shares of company stock valued at $12,232,985 over the last ninety days. Company insiders own 0.33% of the company’s stock.

Analog Devices 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.