Analog Devices, Inc. $ADI Shares Acquired by Shell Asset Management Co.

Shell Asset Management Co. grew its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 91.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,060 shares of the semiconductor company's stock after acquiring an additional 5,752 shares during the period. Shell Asset Management Co.'s holdings in Analog Devices were worth $2,871,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of ADI. Activest Wealth Management lifted its position in shares of Analog Devices by 6,350.0% during the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 127 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Analog Devices during the 2nd quarter worth $26,000. Alpine Bank Wealth Management purchased a new stake in shares of Analog Devices during the 1st quarter worth $27,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Analog Devices during the 1st quarter worth $33,000. Finally, North Capital Inc. purchased a new stake in shares of Analog Devices during the 1st quarter worth $36,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Analog Devices

In other news, SVP Martin Cotter sold 12,500 shares of the business's stock in a transaction dated 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 transaction, the senior vice president directly owned 63,048 shares in the company, valued at $15,525,570. The trade was a 16.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Vincent Roche sold 20,000 shares of the business's stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the transaction, the chief executive officer owned 23,515 shares in the company, valued at approximately $5,979,629.35. This trade represents a 45.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 52,240 shares of company stock valued at $12,980,578. Insiders own 0.33% of the company's stock.

Analog Devices Trading Down 3.6%

NASDAQ ADI opened at $233.75 on Wednesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The firm has a market cap of $114.99 billion, a PE ratio of 59.63, a P/E/G ratio of 2.04 and a beta of 1.09. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The firm's fifty day moving average is $241.19 and its two-hundred day moving average is $223.76.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS 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 analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. Analog Devices's quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices's payout ratio is 101.02%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. KeyCorp boosted their price target on shares of Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. JPMorgan Chase & Co. boosted their price target on shares of Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Weiss Ratings reissued a "buy (b-)" rating on shares of Analog Devices in a research report on Saturday, September 27th. Truist Financial boosted their price target on shares of Analog Devices from $219.00 to $249.00 and gave the company a "hold" rating in a research report on Thursday, August 21st. Finally, Needham & Company LLC reissued a "hold" rating on shares of Analog Devices in a research report on Thursday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have assigned 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 $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.

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