Analog Devices, Inc. $ADI Shares Bought by Caliber Wealth Management LLC KS

Key Points

• Caliber Wealth Management LLC KS increased its holdings in Analog Devices, Inc. by 12.3% in Q2, owning 14,225 shares valued at $3,386,000 at the end of the reporting period.
• Analyst ratings for Analog Devices have remained positive, with multiple firms issuing "buy" ratings and raising target prices, including Citigroup's raise to $290.00 and Goldman Sachs' initiation at $285.00.
• Analog Devices reported a quarterly earnings beat with an EPS of $2.05, exceeding expectations and showing a 24.6% increase in revenue compared to the previous year.

Caliber Wealth Management LLC KS raised its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 12.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,225 shares of the semiconductor company's stock after buying an additional 1,557 shares during the quarter. Caliber Wealth Management LLC KS's holdings in Analog Devices were worth $3,386,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Price T Rowe Associates Inc. MD grew its position in Analog Devices by 26.7% during the 1st 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 last quarter. Nuveen LLC acquired a new stake in shares of Analog Devices during the first quarter worth $351,943,000. Amundi lifted its stake in shares of Analog Devices by 29.2% during the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company's stock worth $785,071,000 after buying an additional 880,636 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in shares of Analog Devices by 229.6% during the first quarter. Robeco Institutional Asset Management B.V. now owns 796,824 shares of the semiconductor company's stock valued at $160,695,000 after buying an additional 555,065 shares during the last quarter. Finally, Voya Investment Management LLC increased its position in shares of Analog Devices by 211.9% in the 1st quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company's stock valued at $150,295,000 after acquiring an additional 506,314 shares during the period. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analyst Ratings Changes

ADI has been the topic of a number of research reports. Citigroup reissued a "buy" rating and issued a $290.00 price objective (up from $260.00) on shares of Analog Devices in a report on Monday, July 7th. The Goldman Sachs Group began coverage on Analog Devices in a research report on Thursday, July 10th. They issued a "buy" rating and a $285.00 target price on the stock. 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. Benchmark lifted their price objective on shares of Analog Devices from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Finally, Piper Sandler upped their price objective on shares of Analog Devices from $215.00 to $245.00 and gave the company a "neutral" rating in a 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 given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $275.29.

Insiders Place Their Bets

In other news, Director Ray Stata sold 3,125 shares of the business's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total transaction of $771,625.00. Following the completion of the sale, the director owned 155,071 shares of the company's stock, valued at $38,290,131.32. The trade was a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Martin Cotter sold 12,500 shares of the company's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the transaction, the senior vice president owned 63,048 shares of the company's stock, valued at approximately $15,525,570. This trade represents a 16.55% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 49,115 shares of company stock valued at $12,232,985. 0.33% of the stock is owned by company insiders.

Analog Devices Price Performance

Shares of Analog Devices stock opened at $246.37 on Wednesday. The firm has a market cap of $121.20 billion, a PE ratio of 62.85, a P/E/G ratio of 2.07 and a beta of 1.09. The business has a 50-day moving average price of $244.03 and a 200 day moving average price of $226.49. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13.

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 business had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business's revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Sell-side analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices's dividend payout ratio (DPR) is presently 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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