Park National Corp OH Lowers Holdings in Analog Devices, Inc. $ADI

Park National Corp OH lessened its stake in Analog Devices, Inc. (NASDAQ:ADI) by 3.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 191,977 shares of the semiconductor company’s stock after selling 5,853 shares during the quarter. Analog Devices accounts for approximately 1.5% of Park National Corp OH’s holdings, making the stock its 12th biggest position. Park National Corp OH’s holdings in Analog Devices were worth $45,694,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Activest Wealth Management raised its position in shares of Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 127 shares during the last quarter. Orion Capital Management LLC purchased a new position in shares of Analog Devices in the 4th quarter worth about $27,000. Menard Financial Group LLC purchased a new position in shares of Analog Devices in the 4th quarter worth about $27,000. Alpine Bank Wealth Management purchased a new position in shares of Analog Devices in the 1st quarter worth about $27,000. Finally, N.E.W. Advisory Services LLC purchased a new position in Analog Devices in the 1st quarter worth about $33,000. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling

In related news, Director Ray Stata sold 3,125 shares of the business’s stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the completion of the transaction, the director directly owned 167,571 shares in the company, valued at approximately $40,088,010.33. The trade was a 1.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Martin Cotter sold 12,500 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $246.25, for a total value of $3,078,125.00. Following the transaction, the senior vice president owned 63,048 shares of the company’s stock, valued at approximately $15,525,570. This trade represents a 16.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 38,115 shares of company stock valued at $9,529,113. Insiders own 0.33% of the company’s stock.

Analog Devices Trading Down 1.2%

Shares of NASDAQ:ADI opened at $245.21 on Friday. The stock has a 50 day moving average of $238.98 and a 200 day moving average of $220.48. The company has a market cap of $120.63 billion, a PE ratio of 62.55, a price-to-earnings-growth ratio of 2.10 and a beta of 1.08. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data 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. The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The firm’s revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be paid a dividend of $0.99 per share. The ex-dividend date is Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. Analog Devices’s payout ratio is 101.02%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Benchmark boosted their target price on Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a research report on Thursday, August 21st. Citigroup reissued a “buy” rating and issued a $290.00 target price (up previously from $260.00) on shares of Analog Devices in a research report on Monday, July 7th. Wells Fargo & Company boosted their target price on Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Morgan Stanley boosted their target price on Analog Devices from $273.00 to $288.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Finally, Evercore ISI upped their price target on shares of Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a research report on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $273.53.

Analog Devices Company 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.