Analog Devices, Inc. $ADI Holdings Decreased by Trueblood Wealth Management LLC

Key Points

• Trueblood Wealth Management LLC has decreased its stake in Analog Devices, Inc. by 16.7%, holding 8,184 shares worth approximately $1.95 million.
• Institutional investors own 86.81% of Analog Devices, with various firms significantly increasing their holdings in recent quarters, such as Activest Wealth Management, which raised its position by over 6,350%.
• Analysts have shown strong optimism for Analog Devices, with multiple upgrades, including Zacks Research changing their rating to "strong-buy" and a consensus price target of $275.29.

Trueblood Wealth Management LLC reduced its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 16.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,184 shares of the semiconductor company's stock after selling 1,639 shares during the quarter. Analog Devices comprises about 0.8% of Trueblood Wealth Management LLC's investment portfolio, making the stock its 25th largest holding. Trueblood Wealth Management LLC's holdings in Analog Devices were worth $1,948,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Activest Wealth Management raised its position in Analog Devices by 6,350.0% in the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 127 shares in the last quarter. Alpine Bank Wealth Management acquired a new position in shares of Analog Devices in the 1st quarter worth approximately $27,000. N.E.W. Advisory Services LLC acquired a new position in shares of Analog Devices in the 1st quarter worth approximately $33,000. North Capital Inc. bought a new stake in shares of Analog Devices in the 1st quarter worth approximately $36,000. Finally, Wolff Wiese Magana LLC lifted 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 purchasing an additional 128 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on ADI shares. Zacks Research raised Analog Devices from a "hold" rating to a "strong-buy" rating in a report on Friday, August 22nd. Raymond James Financial upgraded Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a report on Wednesday, June 18th. The Goldman Sachs Group initiated coverage on Analog Devices in a report on Thursday, July 10th. They set a "buy" rating and a $285.00 target price for the company. Barclays lifted their price target on Analog Devices from $185.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 21st. Finally, Benchmark boosted their price objective on Analog Devices from $260.00 to $285.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $275.29.

Analog Devices Stock Up 0.2%

ADI stock opened at $242.50 on Tuesday. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The company's 50 day simple moving average is $241.13 and its 200-day simple moving average is $223.69. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The firm has a market capitalization of $119.30 billion, a P/E ratio of 61.86, a P/E/G ratio of 2.04 and a beta of 1.09.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results 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 business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same quarter in the previous year, the business earned $1.58 earnings per share. The firm's revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, equities research analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. 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 payout ratio is currently 101.02%.

Insider Activity at Analog Devices

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the company's stock in a transaction that occurred 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 transaction, the senior vice president owned 13,549 shares in the company, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of the company'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 transaction of $3,078,125.00. Following the completion of the transaction, the senior vice president owned 63,048 shares in the company, valued at approximately $15,525,570. This represents a 16.55% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 51,240 shares of company stock worth $12,737,838 in the last 90 days. 0.33% of the stock is owned by corporate insiders.

Analog Devices 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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