Stock Yards Bank & Trust Co. Trims Stock Position in Analog Devices, Inc. $ADI

Stock Yards Bank & Trust Co. lowered its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 3.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,628 shares of the semiconductor company’s stock after selling 1,550 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Analog Devices were worth $9,908,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of ADI. Activest Wealth Management grew its stake in Analog Devices by 6,350.0% during 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 in the last quarter. Alpine Bank Wealth Management purchased a new position in Analog Devices during the first quarter valued at approximately $27,000. N.E.W. Advisory Services LLC purchased a new position in Analog Devices during the first quarter valued at approximately $33,000. North Capital Inc. purchased a new position in Analog Devices during the first quarter valued at approximately $36,000. Finally, Wolff Wiese Magana LLC grew its stake in Analog Devices by 209.8% during the first quarter. Wolff Wiese Magana LLC now owns 189 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling at Analog Devices

In other news, SVP Martin Cotter sold 12,500 shares of the company’s stock in a transaction 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 completion of the sale, the senior vice president owned 63,048 shares of the company’s stock, valued at approximately $15,525,570. This represents a 16.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction 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 sale, the chief executive officer owned 140,118 shares of the company’s stock, valued at $34,148,157.78. This represents a 6.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 51,240 shares of company stock worth $12,737,838 over the last 90 days. Company insiders own 0.33% of the company’s stock.

Analog Devices Price Performance

Shares of Analog Devices stock opened at $241.99 on Friday. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The stock has a market capitalization of $119.05 billion, a price-to-earnings ratio of 61.73, a price-to-earnings-growth ratio of 2.04 and a beta of 1.09. The company has a fifty day moving average of $240.89 and a 200-day moving average of $223.21. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32.

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. 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 during the quarter, compared to analysts’ expectations of $2.76 billion. During the same quarter in the prior year, the company earned $1.58 EPS. The firm’s revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid 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 is 101.02%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Analog Devices in a research note on Saturday, September 27th. JPMorgan Chase & Co. boosted their price target on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Evercore ISI boosted their price target on shares of Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Raymond James Financial raised shares of Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Wednesday, June 18th. Finally, Zacks Research raised shares of Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 22nd. Two investment 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 company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $275.29.

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.