Analog Devices, Inc. $ADI Shares Sold by North Star Investment Management Corp.

Key Points

• North Star Investment Management Corp. reduced its stake in Analog Devices by 52.5%, holding 2,280 shares valued at $543,000 after selling 2,521 shares in Q2.
• Institutional investors collectively own 86.81% of Analog Devices stock, with significant increases from firms like Price T Rowe Associates and GAMMA Investing LLC.
• Analog Devices reported an EPS of $2.05 for the last quarter, exceeding analysts' expectations, and announced a quarterly dividend of $0.99 per share.

North Star Investment Management Corp. trimmed its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 52.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,280 shares of the semiconductor company's stock after selling 2,521 shares during the quarter. North Star Investment Management Corp.'s holdings in Analog Devices were worth $543,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Price T Rowe Associates Inc. MD lifted its position in Analog Devices by 26.7% during 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 buying an additional 2,407,460 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Analog Devices by 25,460.1% in the 1st quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock worth $446,037,000 after acquiring an additional 2,203,062 shares during the last quarter. Nuveen LLC purchased a new position in shares of Analog Devices during the 1st quarter worth $351,943,000. Amundi boosted its position in shares of Analog Devices by 29.2% during the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company's stock valued at $785,071,000 after acquiring an additional 880,636 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its holdings in shares of Analog Devices by 229.6% in 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 purchasing an additional 555,065 shares during the period. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Analog Devices

In other news, SVP Martin Cotter sold 12,500 shares of the 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 sale, the senior vice president owned 63,048 shares of the company's stock, valued at approximately $15,525,570. This represents a 16.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Vincent Roche sold 20,000 shares of Analog Devices stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the completion of the transaction, the chief executive officer owned 23,515 shares of the company's stock, valued at $5,979,629.35. This trade represents a 45.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 41,240 shares of company stock valued at $10,300,738 over the last three months. 0.33% of the stock is currently owned by company insiders.

Analog Devices Stock Down 0.4%

Shares of NASDAQ ADI opened at $247.53 on Friday. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The business's 50 day moving average is $239.68 and its two-hundred day moving average is $221.75. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The firm has a market cap of $121.77 billion, a price-to-earnings ratio of 63.15, a PEG ratio of 2.09 and a beta of 1.08.

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, 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 company's revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Research analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.99 per share. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. Analog Devices's dividend payout ratio is 101.02%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ADI shares. Barclays lifted their target price on shares of Analog Devices from $185.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 21st. Keefe, Bruyette & Woods raised shares of Analog Devices to an "outperform" rating in a research report on Wednesday, June 18th. Morgan Stanley increased their price objective on Analog Devices from $273.00 to $288.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Stifel Nicolaus raised their target price on Analog Devices from $248.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. Finally, Zacks Research raised Analog Devices from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 22nd. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $273.53.

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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