1,273 Shares in Analog Devices, Inc. $ADI Acquired by Revisor Wealth Management LLC

Key Points

• Revisor Wealth Management LLC acquired 1,273 shares of Analog Devices, valued at approximately $312,000, during the second quarter.
• Various institutional investors, including China Universal Asset Management Co. Ltd., have significantly increased their stakes in Analog Devices, raising its institutional ownership to 86.81%.
• Analysts maintain a positive outlook on Analog Devices, with a consensus price target of $273.53 and a majority rating of "Buy" or higher.

Revisor Wealth Management LLC purchased a new stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,273 shares of the semiconductor company's stock, valued at approximately $312,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. China Universal Asset Management Co. Ltd. lifted its position in Analog Devices by 284.4% during the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company's stock valued at $6,262,000 after buying an additional 22,973 shares in the last quarter. Sowell Financial Services LLC acquired a new position in Analog Devices during the first quarter valued at approximately $296,000. Keybank National Association OH raised its stake in shares of Analog Devices by 85.8% during the first quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock valued at $5,461,000 after purchasing an additional 12,505 shares during the period. Eastern Bank raised its stake in shares of Analog Devices by 6.0% during the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock valued at $39,664,000 after purchasing an additional 11,101 shares during the period. Finally, McLean Asset Management Corp purchased a new stake in shares of Analog Devices during the second quarter valued at approximately $262,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ADI has been the topic of a number of analyst reports. The Goldman Sachs Group initiated coverage on shares of Analog Devices in a research note on Thursday, July 10th. They set a "buy" rating and a $285.00 price objective on the stock. Wells Fargo & Company lifted their price objective on shares of Analog Devices from $235.00 to $250.00 and gave the company an "equal weight" rating in a research note on Thursday, August 21st. Stifel Nicolaus lifted their price target on shares of Analog Devices from $248.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. JPMorgan Chase & Co. 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 note on Thursday, August 21st. Finally, Evercore ISI lifted 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. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $273.53.

Insiders Place Their Bets

In related news, SVP Katsufumi Nakamura sold 2,490 shares of the business's 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 completion of the sale, the senior vice president owned 13,549 shares of the company's stock, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Vincent Roche sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the sale, the chief executive officer directly owned 23,515 shares of the company's stock, valued at approximately $5,979,629.35. The trade was a 45.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 41,240 shares of company stock worth $10,300,738 over the last quarter. Company insiders own 0.33% of the company's stock.

Analog Devices Price Performance

NASDAQ ADI opened at $246.78 on Wednesday. The stock's 50-day moving average price is $239.38 and its two-hundred day moving average price is $221.34. 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 company has a market cap of $121.40 billion, a PE ratio of 62.95, a PEG ratio of 2.08 and a beta of 1.08. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating analysts' consensus estimates of $1.95 by $0.10. The company had revenue of $2.88 billion for 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 quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a $0.99 dividend. The ex-dividend date 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 currently 101.02%.

About Analog Devices

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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