Analog Devices, Inc. $ADI Shares Purchased by GDS Wealth Management

Key Points

• GDS Wealth Management increased its stake in Analog Devices, Inc. by 161.6% during Q1, now owning a total of 21,807 shares valued at approximately $4.4 million.
• Analog Devices reported a Q2 earnings beat with an EPS of $1.85 compared to the expected $1.70, alongside a revenue of $2.64 billion, exceeding forecasts of $2.50 billion.
• Analysts have a consensus rating of "Moderate Buy" for Analog Devices, with target prices raised by several firms, including Evercore ISI increasing theirs from $231 to $280.

GDS Wealth Management lifted its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 161.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,807 shares of the semiconductor company's stock after buying an additional 13,472 shares during the period. GDS Wealth Management's holdings in Analog Devices were worth $4,398,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Orion Capital Management LLC purchased a new position in shares of Analog Devices in the 4th quarter worth $27,000. Menard Financial Group LLC purchased a new position in shares of Analog Devices in the 4th quarter worth $27,000. Alpine Bank Wealth Management purchased a new position in shares of Analog Devices in the 1st quarter worth $27,000. N.E.W. Advisory Services LLC purchased a new position in shares of Analog Devices in the 1st quarter worth $33,000. Finally, North Capital Inc. purchased a new position in shares of Analog Devices in the 1st quarter worth $36,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on ADI shares. Oppenheimer increased their target price on Analog Devices from $225.00 to $265.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Needham & Company LLC reaffirmed a "hold" rating on shares of Analog Devices in a research report on Thursday. Cantor Fitzgerald upgraded shares of Analog Devices from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $250.00 to $270.00 in a report on Wednesday, June 18th. Cowen restated a "buy" rating on shares of Analog Devices in a report on Friday, May 23rd. Finally, UBS Group reduced their target price on shares of Analog Devices from $285.00 to $280.00 and set a "buy" rating on the stock in a report on Monday, July 7th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $273.53.

Analog Devices Stock Up 2.1%

NASDAQ:ADI traded up $5.25 on Friday, reaching $252.20. The stock had a trading volume of 4,988,997 shares, compared to its average volume of 3,656,419. The company has a current ratio of 2.32, a quick ratio of 1.51 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average of $234.80 and a 200 day moving average of $217.35. The stock has a market cap of $125.15 billion, a P/E ratio of 64.34, a price-to-earnings-growth ratio of 2.19 and a beta of 1.05. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $257.22.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted 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 company 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 firm's revenue for the quarter was up 24.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, research analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a $0.99 dividend. 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 is 101.02%.

Insider Activity

In other news, Director Ray Stata sold 3,125 shares of the company's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $239.23, for a total value of $747,593.75. Following the sale, the director owned 167,571 shares in the company, valued at approximately $40,088,010.33. This represents a 1.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.33% of the company's stock.

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.