Notis McConarty Edward Reduces Stock Holdings in Analog Devices, Inc. $ADI

Notis McConarty Edward lowered its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,906 shares of the semiconductor company’s stock after selling 49 shares during the quarter. Analog Devices comprises approximately 3.1% of Notis McConarty Edward’s holdings, making the stock its 10th largest holding. Notis McConarty Edward’s holdings in Analog Devices were worth $6,404,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Maryland State Retirement & Pension System increased its position in Analog Devices by 4.1% during the second quarter. Maryland State Retirement & Pension System now owns 24,114 shares of the semiconductor company’s stock worth $5,740,000 after acquiring an additional 943 shares during the period. Optas LLC increased its position in Analog Devices by 25.4% during the second quarter. Optas LLC now owns 1,703 shares of the semiconductor company’s stock worth $405,000 after acquiring an additional 345 shares during the period. Dempze Nancy E increased its position in Analog Devices by 0.8% during the second quarter. Dempze Nancy E now owns 23,363 shares of the semiconductor company’s stock worth $5,561,000 after acquiring an additional 176 shares during the period. Eagle Strategies LLC increased its position in Analog Devices by 11.2% during the second quarter. Eagle Strategies LLC now owns 3,808 shares of the semiconductor company’s stock worth $906,000 after acquiring an additional 384 shares during the period. Finally, Bar Harbor Wealth Management increased its position in Analog Devices by 348.5% during the second quarter. Bar Harbor Wealth Management now owns 8,055 shares of the semiconductor company’s stock worth $1,917,000 after acquiring an additional 6,259 shares during the period. Institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ADI shares. Keefe, Bruyette & Woods raised shares of Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Evercore ISI boosted their price target on shares of Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. UBS Group lowered their price target on shares of Analog Devices from $285.00 to $280.00 and set a “buy” rating on the stock in a report on Monday, July 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of Analog Devices in a report on Wednesday. Finally, Piper Sandler boosted their price target on shares of Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $275.29.

Analog Devices Stock Up 1.8%

Shares of NASDAQ:ADI opened at $237.93 on Thursday. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The company’s fifty day moving average is $241.32 and its 200-day moving average is $223.86. The company has a market capitalization of $117.05 billion, a PE ratio of 60.70, a P/E/G ratio of 1.97 and a beta of 1.09.

Analog Devices (NASDAQ:ADI) last issued 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 company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the previous year, the company earned $1.58 EPS. The firm’s revenue for the quarter 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. Equities research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors 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 annualized dividend and a yield of 1.7%. Analog Devices’s dividend payout ratio is 101.02%.

Insider Buying and Selling at Analog Devices

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the transaction, the senior vice president owned 13,549 shares in the company, valued at $3,360,558.47. This represents a 15.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total transaction of $771,625.00. Following the transaction, the director owned 155,071 shares in the company, valued at approximately $38,290,131.32. This trade represents a 1.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 52,240 shares of company stock worth $12,980,578 over the last quarter. Corporate 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.