Analog Devices, Inc. $ADI Stock Holdings Trimmed by Dudley & Shanley Inc.

Dudley & Shanley Inc. trimmed its position in Analog Devices, Inc. (NASDAQ:ADI) by 3.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,639 shares of the semiconductor company’s stock after selling 2,561 shares during the period. Analog Devices accounts for approximately 4.1% of Dudley & Shanley Inc.’s investment portfolio, making the stock its 8th biggest holding. Dudley & Shanley Inc.’s holdings in Analog Devices were worth $25,643,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ADI. BlackRock Inc. purchased a new stake in Analog Devices during the 2nd quarter valued at about $18,610,868,000. Bank of America Corp DE acquired a new position in shares of Analog Devices during the 2nd quarter worth approximately $3,573,081,000. Legal & General Group Plc purchased a new stake in shares of Analog Devices in the second quarter valued at approximately $1,525,167,000. Bank of New York Mellon Corp acquired a new stake in shares of Analog Devices in the second quarter valued at approximately $1,326,066,000. Finally, Primecap Management Co. CA purchased a new position in Analog Devices during the second quarter worth approximately $1,242,479,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on ADI shares. Piper Sandler set a $460.00 target price on Analog Devices in a report on Tuesday, September 8th. KeyCorp upped their price objective on shares of Analog Devices from $500.00 to $525.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Seaport Research Partners upgraded Analog Devices from a “neutral” rating to a “buy” rating and set a $425.00 price objective on the stock in a report on Thursday, August 20th. Robert W. Baird increased their price objective on Analog Devices from $450.00 to $675.00 and gave the stock an “outperform” rating in a research report on Monday, August 24th. Finally, Needham & Company LLC raised their target price on Analog Devices from $440.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices currently has an average rating of “Moderate Buy” and an average target price of $460.09.

Insiders Place Their Bets

In related news, insider Vivek Jain sold 2,000 shares of Analog Devices stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $416.98, for a total value of $833,960.00. Following the completion of the transaction, the insider directly owned 45,733 shares in the company, valued at approximately $19,069,746.34. This trade represents a 4.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Katsufumi Nakamura sold 1,200 shares of the company’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $415.02, for a total value of $498,024.00. Following the sale, the insider owned 14,849 shares in the company, valued at approximately $6,162,631.98. This trade represents a 7.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 43,715 shares of company stock valued at $16,430,870. 0.36% of the stock is owned by company insiders.

Analog Devices Trading Up 0.1%

Analog Devices stock traded up $0.47 during midday trading on Tuesday, reaching $419.57. 717,701 shares of the stock traded hands, compared to its average volume of 4,052,571. The firm has a market cap of $203.31 billion, a PE ratio of 49.87, a price-to-earnings-growth ratio of 1.29 and a beta of 1.22. The company has a current ratio of 1.25, a quick ratio of 0.91 and a debt-to-equity ratio of 0.20. The company has a 50-day simple moving average of $376.23 and a two-hundred day simple moving average of $381.06. Analog Devices, Inc. has a 12-month low of $223.47 and a 12-month high of $445.91.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a net margin of 29.79% and a return on equity of 16.39%. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $3.92 billion. During the same period in the prior year, the firm earned $2.05 earnings per share. The business’s revenue for the quarter was up 39.2% compared to the same quarter last year. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Research analysts expect that Analog Devices, Inc. will post 12.96 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, September 1st. Analog Devices’s dividend payout ratio (DPR) is presently 52.19%.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a global semiconductor company that develops technologies for converting, conditioning and processing real-world signals. Its products connect the physical and digital worlds by helping electronic systems sense, measure, interpret and control information such as temperature, pressure, motion, sound and electrical current.

The company’s product portfolio includes analog and mixed-signal integrated circuits, power management solutions, radio-frequency and microwave devices, data converters, amplifiers, sensors, microcontrollers, embedded processors and connectivity products.