Ashton Thomas Private Wealth LLC Purchases 10,505 Shares of Analog Devices, Inc. $ADI

Key Points

• Ashton Thomas Private Wealth LLC increased its holdings in Analog Devices by 407.8%, acquiring an additional 10,505 shares, bringing its total to 13,081 shares valued at approximately $2.64 million.
• Analog Devices recently reported $2.05 EPS for its latest quarter, exceeding analyst expectations and showing a 24.6% revenue increase year-over-year.
• The company announced a quarterly dividend of $0.99, with a 1.6% yield, although its payout ratio stands at 101.02%.

Ashton Thomas Private Wealth LLC boosted its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 407.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,081 shares of the semiconductor company's stock after purchasing an additional 10,505 shares during the period. Ashton Thomas Private Wealth LLC's holdings in Analog Devices were worth $2,638,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in ADI. Price T Rowe Associates Inc. MD lifted its position in Analog Devices by 26.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company's stock worth $2,304,098,000 after purchasing an additional 2,407,460 shares during the period. GAMMA Investing LLC lifted its position in Analog Devices by 25,460.1% in the first quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock worth $446,037,000 after purchasing an additional 2,203,062 shares during the period. Nuveen LLC bought a new position in shares of Analog Devices in the first quarter valued at $351,943,000. Amundi increased its holdings in shares of Analog Devices by 29.2% in the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company's stock valued at $785,071,000 after buying an additional 880,636 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Analog Devices by 25.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,333,615 shares of the semiconductor company's stock valued at $708,260,000 after buying an additional 668,023 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on ADI. Cfra Research cut Analog Devices from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, May 22nd. Keefe, Bruyette & Woods raised Analog Devices to an "outperform" rating in a report on Wednesday, June 18th. Williams Trading set a $260.00 price target on Analog Devices in a report on Friday, May 23rd. Evercore ISI upped their price target on Analog Devices from $280.00 to $303.00 and gave the company an "outperform" rating in a report on Thursday, August 21st. Finally, UBS Group cut their target price on shares of Analog Devices from $285.00 to $280.00 and set a "buy" rating on the stock in a research note on Monday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $273.53.

Analog Devices Price Performance

NASDAQ:ADI traded down $3.03 during mid-day trading on Friday, hitting $245.21. The company's stock had a trading volume of 2,109,962 shares, compared to its average volume of 3,912,930. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. 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 capitalization of $120.63 billion, a price-to-earnings ratio of 62.55, a P/E/G ratio of 2.09 and a beta of 1.08. The stock has a fifty day moving average of $238.99 and a 200-day moving average of $220.41.

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

Analog Devices Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be issued a $0.99 dividend. The ex-dividend date of this dividend is 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 (DPR) is currently 101.02%.

Insider Activity at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total transaction of $747,593.75. Following the transaction, the director directly owned 167,571 shares of the company's stock, valued at $40,088,010.33. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 20,000 shares of the firm's stock in a transaction on 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 sale, the chief executive officer owned 23,515 shares in the company, valued at approximately $5,979,629.35. The trade was a 45.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 38,115 shares of company stock worth $9,529,113. 0.33% of the stock is currently owned by company insiders.

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.