Apollon Wealth Management LLC Cuts Holdings in Analog Devices, Inc. $ADI

Key Points

• Apollon Wealth Management LLC reduced its stake in Analog Devices, Inc. by 7.1%, now holding 16,502 shares worth approximately $3.93 million.
• Analysts have given **Analog Devices** a consensus price target of $275.29, with Citigroup and JPMorgan Chase both issuing "buy" ratings and increasing their price targets significantly.
• The company recently announced a quarterly dividend of $0.99 per share, with an annualized yield of 1.8% despite a payout ratio exceeding 100%.

Apollon Wealth Management LLC lessened its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 7.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,502 shares of the semiconductor company's stock after selling 1,262 shares during the period. Apollon Wealth Management LLC's holdings in Analog Devices were worth $3,928,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ADI. Brighton Jones LLC grew its stake in Analog Devices by 39.5% in the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company's stock worth $397,000 after buying an additional 529 shares in the last quarter. GAMMA Investing LLC grew its stake in Analog Devices by 26.7% in the 1st quarter. GAMMA Investing LLC now owns 10,967 shares of the semiconductor company's stock worth $2,212,000 after buying an additional 2,314 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of Analog Devices by 385.1% in the 1st quarter. SG Americas Securities LLC now owns 10,105 shares of the semiconductor company's stock worth $2,038,000 after acquiring an additional 13,649 shares during the last quarter. Simon Quick Advisors LLC lifted its holdings in shares of Analog Devices by 21.0% in the 1st quarter. Simon Quick Advisors LLC now owns 2,851 shares of the semiconductor company's stock worth $575,000 after acquiring an additional 494 shares during the last quarter. Finally, Everhart Financial Group Inc. lifted its holdings in shares of Analog Devices by 29.3% in the 1st quarter. Everhart Financial Group Inc. now owns 4,116 shares of the semiconductor company's stock worth $830,000 after acquiring an additional 933 shares during the last quarter. Hedge funds and other institutional investors own 86.81% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ADI shares. Citigroup restated 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. JPMorgan Chase & Co. boosted their price objective on shares of Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a report on Thursday, August 21st. Cantor Fitzgerald boosted their price objective on shares of Analog Devices from $270.00 to $300.00 and gave the stock an "overweight" rating in a report on Tuesday, September 30th. Zacks Research upgraded shares of Analog Devices from a "hold" rating to a "strong-buy" rating in a report on Friday, August 22nd. Finally, Wells Fargo & Company upped their price target on shares of Analog Devices from $235.00 to $250.00 and gave the company an "equal weight" rating in a report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $275.29.

Analog Devices Trading Down 5.3%

NASDAQ:ADI opened at $225.32 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. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week high of $258.13. The firm has a market capitalization of $110.85 billion, a P/E ratio of 57.48, a P/E/G ratio of 1.90 and a beta of 1.09. The company has a fifty day moving average of $241.66 and a 200 day moving average of $224.21.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period in the prior year, the business earned $1.58 EPS. The company's revenue for the quarter was up 24.6% on a year-over-year basis. 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 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 $0.99 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a yield of 1.8%. Analog Devices's dividend payout ratio is 101.02%.

Insiders Place Their Bets

In other Analog Devices news, CEO Vincent Roche sold 20,000 shares of the company's stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the transaction, the chief executive officer directly owned 23,515 shares in the company, valued at approximately $5,979,629.35. This represents a 45.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 completion of the sale, the senior vice president directly owned 63,048 shares in the company, valued at $15,525,570. This represents a 16.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 52,240 shares of company stock worth $12,980,578. Company insiders own 0.33% of the company's stock.

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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