Analog Devices, Inc. $ADI Position Increased by Vident Advisory LLC

Key Points

• Vident Advisory LLC increased its holdings in Analog Devices, Inc. by 15.0% during the first quarter, now owning approximately $15.99 million worth of shares.
• Wall Street analysts' ratings for Analog Devices show two Strong Buy, eighteen Buy, and six Hold ratings, with a consensus target price of $273.53.
• Analog Devices reported a quarterly earnings per share (EPS) of $2.05, exceeding estimates, and announced a quarterly dividend of $0.99 to be paid on September 16th.

Vident Advisory LLC increased its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 15.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,303 shares of the semiconductor company's stock after purchasing an additional 10,342 shares during the quarter. Vident Advisory LLC's holdings in Analog Devices were worth $15,993,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Orion Capital Management LLC acquired a new stake in shares of Analog Devices during the fourth quarter worth $27,000. Menard Financial Group LLC acquired a new stake in Analog Devices during the fourth quarter worth about $27,000. Alpine Bank Wealth Management bought a new position in Analog Devices in the first quarter worth about $27,000. N.E.W. Advisory Services LLC acquired a new position in Analog Devices in the first quarter valued at approximately $33,000. Finally, North Capital Inc. bought a new position in shares of Analog Devices during the first quarter valued at approximately $36,000. Institutional investors and hedge funds own 86.81% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ADI. JPMorgan Chase & Co. upped their price objective on Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a research note on Thursday, August 21st. Stifel Nicolaus boosted their price target on shares of Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a report on Friday, July 18th. Needham & Company LLC reaffirmed a "hold" rating on shares of Analog Devices in a report on Thursday, August 21st. Keefe, Bruyette & Woods upgraded shares of Analog Devices to an "outperform" rating in a research report on Wednesday, June 18th. Finally, Zacks Research upgraded shares of Analog Devices from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 22nd. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $273.53.

Insider Buying and Selling

In other Analog Devices news, CEO Vincent Roche sold 20,000 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the sale, the chief executive officer directly owned 23,515 shares in the company, valued at $5,979,629.35. This represents a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ray Stata sold 3,125 shares of the stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total value of $747,593.75. Following the transaction, the director directly owned 167,571 shares of the company's stock, valued at approximately $40,088,010.33. The trade was a 1.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,615 shares of company stock valued at $6,450,988 over the last quarter. Corporate insiders own 0.33% of the company's stock.

Analog Devices Stock Performance

Shares of ADI traded down $2.94 during trading hours on Friday, reaching $251.31. 3,598,994 shares of the company's stock traded hands, compared to its average volume of 3,942,367. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13. The business's fifty day simple moving average is $237.29 and its two-hundred day simple moving average is $219.17. 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 market capitalization of $123.63 billion, a price-to-earnings ratio of 64.11, a P/E/G ratio of 2.14 and a beta of 1.08.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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%. Analog Devices's revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be paid a dividend of $0.99 per share. 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 currently 101.02%.

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.