PFW Advisors LLC cut its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 2.3% during the second quarter, Holdings Channel.com reports. The firm owned 5,500 shares of the semiconductor company’s stock after selling 130 shares during the period. PFW Advisors LLC’s holdings in Analog Devices were worth $1,309,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. EFG Asset Management North America Corp. boosted its stake in shares of Analog Devices by 0.3% during the first quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company’s stock valued at $2,866,000 after purchasing an additional 47 shares in the last quarter. Heritage Financial Services LLC boosted its stake in shares of Analog Devices by 1.6% during the first quarter. Heritage Financial Services LLC now owns 3,317 shares of the semiconductor company’s stock valued at $669,000 after purchasing an additional 53 shares in the last quarter. Hemington Wealth Management boosted its stake in shares of Analog Devices by 11.4% during the first quarter. Hemington Wealth Management now owns 538 shares of the semiconductor company’s stock valued at $108,000 after purchasing an additional 55 shares in the last quarter. Continuum Advisory LLC boosted its stake in shares of Analog Devices by 14.8% during the first quarter. Continuum Advisory LLC now owns 443 shares of the semiconductor company’s stock valued at $89,000 after purchasing an additional 57 shares in the last quarter. Finally, Proficio Capital Partners LLC lifted its position in Analog Devices by 0.4% during the first quarter. Proficio Capital Partners LLC now owns 14,523 shares of the semiconductor company’s stock valued at $2,929,000 after acquiring an additional 58 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the stock. KGI Securities assumed coverage on shares of Analog Devices in a research report on Friday, May 23rd. They set a “buy” rating for the company. Cowen reissued a “buy” rating on shares of Analog Devices in a research report on Friday, May 23rd. Piper Sandler increased their target price on shares of Analog Devices from $215.00 to $245.00 and gave the company a “neutral” rating in a research report on Thursday, August 21st. Cfra Research cut shares of Analog Devices from a “strong-buy” rating to a “moderate buy” rating in a research report on Thursday, May 22nd. Finally, Keefe, Bruyette & Woods raised shares of Analog Devices to an “outperform” rating in a research report on Wednesday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $273.53.
Insider Buying and Selling at Analog Devices
In other news, SVP Katsufumi Nakamura sold 2,490 shares of the stock in a transaction on Thursday, August 21st. The shares were 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 in the company, valued at $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the completion of the sale, the senior vice president owned 63,048 shares in the company, valued at $15,525,570. The trade was a 16.55% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 38,115 shares of company stock worth $9,529,113 over the last ninety days. 0.33% of the stock is owned by insiders.
Analog Devices Trading Down 0.3%
NASDAQ ADI opened at $244.10 on Wednesday. The company has a fifty day simple moving average of $239.02 and a two-hundred day simple moving average of $220.64. The stock has a market cap of $120.08 billion, a P/E ratio of 62.27, a P/E/G ratio of 2.07 and a beta of 1.08. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13. 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 (NASDAQ:ADI – Get Free Report) last posted its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter last year, the company posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current year.
Analog Devices Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.99 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. Analog Devices’s dividend payout ratio (DPR) is currently 101.02%.
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.
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