New Hampshire Trust Sells 116 Shares of Analog Devices, Inc. $ADI

New Hampshire Trust lowered its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,583 shares of the semiconductor company’s stock after selling 116 shares during the quarter. New Hampshire Trust’s holdings in Analog Devices were worth $853,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. University of Texas Texas AM Investment Management Co. increased its holdings in shares of Analog Devices by 104.8% during the 2nd quarter. University of Texas Texas AM Investment Management Co. now owns 18,848 shares of the semiconductor company’s stock valued at $4,486,000 after acquiring an additional 9,645 shares during the last quarter. Brighton Jones LLC increased its holdings in shares of Analog Devices by 19.6% during the 2nd quarter. Brighton Jones LLC now owns 2,389 shares of the semiconductor company’s stock valued at $569,000 after acquiring an additional 391 shares during the last quarter. Linden Thomas Advisory Services LLC boosted its holdings in shares of Analog Devices by 4.4% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 11,263 shares of the semiconductor company’s stock worth $2,681,000 after buying an additional 472 shares during the period. Leavell Investment Management Inc. boosted its holdings in shares of Analog Devices by 2.0% during the 2nd quarter. Leavell Investment Management Inc. now owns 4,912 shares of the semiconductor company’s stock worth $1,169,000 after buying an additional 95 shares during the period. Finally, AG2R LA Mondiale Gestion D Actifs boosted its holdings in shares of Analog Devices by 0.9% during the 2nd quarter. AG2R LA Mondiale Gestion D Actifs now owns 18,620 shares of the semiconductor company’s stock worth $4,432,000 after buying an additional 172 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Insider Activity at Analog Devices

In other news, CEO Vincent Roche sold 10,000 shares of Analog Devices stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the completion of the sale, the chief executive officer owned 140,118 shares in the company, valued at $34,148,157.78. The trade was a 6.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Edward H. Frank sold 1,000 shares of Analog Devices stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $242.74, for a total transaction of $242,740.00. Following the sale, the director 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 disclosure for this sale can be found here. Insiders have sold a total of 49,115 shares of company stock valued at $12,232,985 over the last quarter. 0.33% of the stock is currently owned by corporate insiders.

Analog Devices Stock Performance

NASDAQ:ADI opened at $238.01 on Friday. The firm has a 50-day moving average price of $244.35 and a 200 day moving average price of $228.01. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13. The firm has a market capitalization of $117.09 billion, a PE ratio of 60.72, a price-to-earnings-growth ratio of 2.01 and a beta of 1.09. 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 announced 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 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 analysts’ expectations of $2.76 billion. During the same period in the prior year, the business posted $1.58 earnings per share. The business’s revenue 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. Research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The company 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 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 presently 101.02%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ADI shares. Benchmark upped their price objective on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Barclays boosted their price objective on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Zacks Research raised Analog Devices from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 22nd. KeyCorp boosted their price objective on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, Evercore ISI boosted their target price on shares of Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Analog Devices currently has a consensus rating of “Moderate Buy” and an average price target of $275.29.

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.