Valley National Advisers Inc. Sells 64 Shares of Analog Devices, Inc. $ADI

Valley National Advisers Inc. trimmed its position in Analog Devices, Inc. (NASDAQ:ADI) by 0.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 10,150 shares of the semiconductor company’s stock after selling 64 shares during the period. Valley National Advisers Inc.’s holdings in Analog Devices were worth $2,415,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Fenimore Asset Management Inc lifted its holdings in Analog Devices by 3.6% in the second quarter. Fenimore Asset Management Inc now owns 496,333 shares of the semiconductor company’s stock valued at $118,137,000 after buying an additional 17,299 shares during the period. Hunter Perkins Capital Management LLC raised its position in shares of Analog Devices by 0.3% during the 2nd quarter. Hunter Perkins Capital Management LLC now owns 49,313 shares of the semiconductor company’s stock valued at $11,737,000 after acquiring an additional 151 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in shares of Analog Devices by 1.2% in the 2nd quarter. Valeo Financial Advisors LLC now owns 4,794 shares of the semiconductor company’s stock valued at $1,141,000 after purchasing an additional 59 shares during the period. Plimoth Trust Co. LLC boosted its position in shares of Analog Devices by 1.8% in the 2nd quarter. Plimoth Trust Co. LLC now owns 2,623 shares of the semiconductor company’s stock worth $624,000 after purchasing an additional 47 shares during the last quarter. Finally, DAVENPORT & Co LLC grew its stake in shares of Analog Devices by 22.0% during the second quarter. DAVENPORT & Co LLC now owns 559,663 shares of the semiconductor company’s stock worth $133,079,000 after purchasing an additional 100,986 shares during the period. 86.81% of the stock is owned by institutional investors and hedge funds.

Analog Devices Price Performance

ADI stock opened at $241.99 on Monday. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The firm’s 50-day moving average price is $240.89 and its two-hundred day moving average price is $223.42. The stock has a market capitalization of $119.05 billion, a price-to-earnings ratio of 61.73, a PEG ratio of 2.04 and a beta of 1.09. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.10. The company had revenue of $2.88 billion for the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.Analog Devices’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the firm earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors 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 yield of 1.6%. Analog Devices’s dividend payout ratio (DPR) is presently 101.02%.

Insider Activity at Analog Devices

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the completion of the sale, the senior vice president directly owned 13,549 shares in the company, valued at $3,360,558.47. This trade represents a 15.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Martin Cotter sold 12,500 shares of Analog Devices 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 sale, the senior vice president directly owned 63,048 shares in the company, valued at approximately $15,525,570. The trade was a 16.55% 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 valued at $12,737,838 in the last 90 days. 0.33% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. The Goldman Sachs Group started coverage on shares of Analog Devices in a research report on Thursday, July 10th. They issued a “buy” rating and a $285.00 price target on the stock. KeyCorp lifted their price target on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a research report on Thursday, August 21st. Weiss Ratings restated a “buy (b-)” rating on shares of Analog Devices in a research report on Saturday, September 27th. Stifel Nicolaus lifted 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. Finally, Barclays increased their price target on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Two equities research 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.