Live Oak Private Wealth LLC Has $7.33 Million Stock Holdings in Analog Devices, Inc. $ADI

Live Oak Private Wealth LLC raised its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,805 shares of the semiconductor company’s stock after purchasing an additional 950 shares during the period. Live Oak Private Wealth LLC’s holdings in Analog Devices were worth $7,332,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Analog Devices by 0.7% during the first quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company’s stock valued at $9,975,681,000 after purchasing an additional 359,841 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Analog Devices by 26.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock valued at $2,304,098,000 after purchasing an additional 2,407,460 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Analog Devices by 0.3% during the first quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company’s stock valued at $793,616,000 after purchasing an additional 12,666 shares during the last quarter. Amundi grew its holdings in Analog Devices by 29.2% during the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company’s stock valued at $785,071,000 after purchasing an additional 880,636 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Analog Devices by 1.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,397,181 shares of the semiconductor company’s stock valued at $685,109,000 after purchasing an additional 63,566 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ADI shares. Morgan Stanley raised their price objective on shares of Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Citigroup restated a “buy” rating and issued a $290.00 price objective (up previously from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. JPMorgan Chase & Co. raised their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Needham & Company LLC restated a “hold” rating on shares of Analog Devices in a research note on Thursday, August 21st. Finally, Evercore ISI raised their price objective on shares of Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. 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 currently has a consensus rating of “Moderate Buy” and an average target price of $275.29.

Insider Transactions at Analog Devices

In related news, CEO Vincent Roche sold 20,000 shares of the firm’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the transaction, the chief executive officer directly owned 23,515 shares of the company’s stock, valued at $5,979,629.35. This trade represents a 45.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of Analog Devices stock in a transaction on Monday, October 6th. The shares were sold at an average price of $242.74, for a total value of $242,740.00. Following the transaction, the director directly owned 5,118 shares of the company’s stock, valued at approximately $1,242,343.32. The trade was a 16.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 49,115 shares of company stock valued at $12,232,985 over the last 90 days. Corporate insiders own 0.33% of the company’s stock.

Analog Devices Stock Down 1.8%

Shares of ADI stock opened at $235.04 on Thursday. The stock has a market cap of $115.63 billion, a P/E ratio of 59.96, a price-to-earnings-growth ratio of 2.02 and a beta of 1.09. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The stock has a fifty day moving average price of $244.56 and a 200 day moving average price of $229.37. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.95 by $0.10. The firm had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.Analog Devices’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period last year, the business earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. 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 announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s dividend payout ratio (DPR) 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.