Optas LLC Purchases 345 Shares of Analog Devices, Inc. $ADI

Optas LLC boosted its position in Analog Devices, Inc. (NASDAQ:ADI) by 25.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,703 shares of the semiconductor company’s stock after acquiring an additional 345 shares during the period. Optas LLC’s holdings in Analog Devices were worth $405,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. RMG Wealth Management LLC bought a new position in Analog Devices in the second quarter valued at about $26,000. Activest Wealth Management boosted its holdings in Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 127 shares during the last quarter. Alpine Bank Wealth Management bought a new position in Analog Devices during the first quarter worth about $27,000. N.E.W. Advisory Services LLC bought a new position in Analog Devices during the first quarter worth about $33,000. Finally, North Capital Inc. bought a new position in Analog Devices during the first quarter worth about $36,000. Institutional investors own 86.81% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the sale, the senior vice president owned 13,549 shares of the company’s stock, valued at approximately $3,360,558.47. This trade represents a 15.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total value of $771,625.00. Following the completion of the sale, the director directly owned 155,071 shares in the company, valued at approximately $38,290,131.32. This 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 in the last 90 days. Company insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ADI shares. Noble Financial upgraded Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Stifel Nicolaus raised their target price on Analog Devices from $248.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Wells Fargo & Company raised their target price on Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Benchmark raised their target price on Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. Finally, The Goldman Sachs Group started coverage on Analog Devices in a report on Thursday, July 10th. They set a “buy” rating and a $285.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $275.29.

Analog Devices Trading Down 0.0%

NASDAQ ADI opened at $237.88 on Friday. The firm has a market cap of $117.03 billion, a P/E ratio of 60.68, a P/E/G ratio of 2.00 and a beta of 1.09. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The stock’s 50-day moving average is $241.59 and its 200-day moving average is $224.03. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) 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 business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same quarter last year, the firm earned $1.58 EPS. Analog Devices’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. Sell-side 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. Investors of record on Tuesday, September 2nd were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis 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 currently 101.02%.

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.