Analog Devices, Inc. $ADI Shares Purchased by Exencial Wealth Advisors LLC

Key Points

• Exencial Wealth Advisors LLC increased its stake in Analog Devices by 62.7% during the second quarter, holding a total of 8,106 shares valued at approximately $1.93 million.
• Several analysts have upgraded their price targets for Analog Devices, with Wells Fargo setting it at $250 and KeyCorp at $310, indicating positive sentiment around the company's stock.
• The company announced a quarterly dividend of $0.99, which reflects a yield of 1.6%, but its payout ratio is notably high at 101.02%.

Exencial Wealth Advisors LLC boosted its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 62.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,106 shares of the semiconductor company's stock after purchasing an additional 3,125 shares during the period. Exencial Wealth Advisors LLC's holdings in Analog Devices were worth $1,929,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ADI. Activest Wealth Management lifted 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 valued at $26,000 after purchasing an additional 127 shares during the period. RMG Wealth Management LLC acquired a new stake in Analog Devices in the second quarter valued at about $26,000. Alpine Bank Wealth Management acquired a new stake in shares of Analog Devices during the 1st quarter valued at approximately $27,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Analog Devices during the 1st quarter valued at approximately $33,000. Finally, North Capital Inc. acquired a new stake in shares of Analog Devices during the 1st quarter valued at approximately $36,000. Institutional investors and hedge funds own 86.81% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company lifted their price target on shares of Analog Devices from $235.00 to $250.00 and gave the company an "equal weight" rating in a research report on Thursday, August 21st. KeyCorp lifted 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. Stifel Nicolaus lifted their price target on shares of Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Analog Devices in a research report on Wednesday, October 8th. Finally, Seaport Res Ptn upgraded shares of Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Two 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. According to data from MarketBeat, Analog Devices currently has a consensus rating of "Moderate Buy" and an average price target of $275.29.

Analog Devices Trading Down 2.4%

Shares of ADI opened at $240.36 on Thursday. 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 50 day simple moving average of $244.08 and a 200-day simple moving average of $226.59. Analog Devices, Inc. has a 1-year low of $158.65 and a 1-year high of $258.13. The stock has a market cap of $118.25 billion, a price-to-earnings ratio of 61.32, a price-to-earnings-growth ratio of 2.08 and a beta of 1.09.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping 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 net margin of 18.85% and a return on equity of 10.32%. The company's revenue was up 24.6% on a year-over-year basis. During the same period last year, the company posted $1.58 EPS. 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were paid a $0.99 dividend. 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 payout ratio is presently 101.02%.

Insider Transactions at Analog Devices

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices 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 completion of the sale, the senior vice president directly owned 13,549 shares of the company's stock, valued at approximately $3,360,558.47. The trade was a 15.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Martin Cotter sold 12,500 shares of Analog Devices stock in a transaction that occurred on 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 completion of the sale, the senior vice president directly owned 63,048 shares of the company's stock, valued at $15,525,570. The trade was a 16.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 49,115 shares of company stock worth $12,232,985 in the last three months. 0.33% of the stock is currently owned by company 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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