Analog Devices, Inc. $ADI is Silverberg Bernstein Capital Management LLC's 7th Largest Position

Key Points

• Silverberg Bernstein Capital Management LLC increased its position in Analog Devices, Inc. by 82.9% in Q2, owning a total of 30,854 shares valued at $7.34 million, making it the firm's 7th largest position.
• Analog Devices saw a 24.6% year-over-year revenue increase, reporting $2.88 billion for the last quarter and earnings per share of $2.05, which exceeded analysts' expectations.
• The company has declared a quarterly dividend of $0.99 per share, set to be paid on September 16, with a dividend yield of 1.6% and a payout ratio of 101.02%.

Silverberg Bernstein Capital Management LLC grew its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 82.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,854 shares of the semiconductor company's stock after buying an additional 13,983 shares during the period. Analog Devices accounts for approximately 5.1% of Silverberg Bernstein Capital Management LLC's investment portfolio, making the stock its 7th largest position. Silverberg Bernstein Capital Management LLC's holdings in Analog Devices were worth $7,344,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. China Universal Asset Management Co. Ltd. boosted its position in shares of Analog Devices by 284.4% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company's stock worth $6,262,000 after purchasing an additional 22,973 shares during the period. Sowell Financial Services LLC purchased a new position in shares of Analog Devices during the 1st quarter worth approximately $296,000. Keybank National Association OH boosted its position in shares of Analog Devices by 85.8% during the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock worth $5,461,000 after purchasing an additional 12,505 shares during the period. Eastern Bank boosted its position in shares of Analog Devices by 6.0% during the 1st quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock worth $39,664,000 after purchasing an additional 11,101 shares during the period. Finally, Dynamic Advisor Solutions LLC boosted its position in shares of Analog Devices by 4.3% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 6,072 shares of the semiconductor company's stock worth $1,224,000 after purchasing an additional 251 shares during the period. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analog Devices Price Performance

Shares of ADI opened at $244.91 on Tuesday. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13. The firm's fifty day simple moving average is $239.04 and its 200-day simple moving average is $220.47. The firm has a market capitalization of $120.48 billion, a price-to-earnings ratio of 62.48, a PEG ratio of 2.07 and a beta of 1.08. 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 announced its quarterly earnings data 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. 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 period last year, the business earned $1.58 EPS. The company'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 analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, September 2nd. Analog Devices's dividend payout ratio (DPR) is presently 101.02%.

Wall Street Analysts Forecast Growth

ADI has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a "hold" rating on shares of Analog Devices in a research report on Thursday, August 21st. Cantor Fitzgerald raised shares of Analog Devices from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $250.00 to $270.00 in a research report on Wednesday, June 18th. Raymond James Financial raised shares of Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Wednesday, June 18th. Seaport Res Ptn raised shares of Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Finally, Cowen reissued a "buy" rating on shares of Analog Devices in a research report on Friday, May 23rd. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $273.53.

Insider Activity at Analog Devices

In related news, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the sale, the director owned 167,571 shares in the company, valued at $40,088,010.33. This represents a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,115 shares of company stock valued at $9,529,113 over the last quarter. 0.33% of the stock is owned by insiders.

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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