1,127 Shares in Analog Devices, Inc. $ADI Purchased by Belmont Capital LLC

Key Points

• Belmont Capital LLC has purchased 1,127 shares of Analog Devices, Inc. (NASDAQ: ADI) valued at approximately $227,000 during the first quarter of the year.
• Several major institutional investors, including Vanguard Group and Price T Rowe Associates, have increased their stakes in Analog Devices, with institutional ownership rising to 86.81%.
• Analysts have set a strong outlook for Analog Devices, with the consensus price target rising to $273.53 and multiple firms upgrading their ratings.

Belmont Capital LLC acquired a new stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,127 shares of the semiconductor company's stock, valued at approximately $227,000.

A number of other institutional investors also recently added to or reduced their stakes in ADI. Activest Wealth Management boosted its holdings in Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 127 shares in the last quarter. Orion Capital Management LLC purchased a new stake in Analog Devices in the 4th quarter valued at approximately $27,000. Menard Financial Group LLC purchased a new stake in Analog Devices in the 4th quarter valued at approximately $27,000. Alpine Bank Wealth Management acquired a new stake in shares of Analog Devices during the 1st quarter valued at approximately $27,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of Analog Devices during the 1st quarter valued at approximately $33,000. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ADI. Benchmark lifted their price target on shares of Analog Devices from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Zacks Research upgraded Analog Devices from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 22nd. KeyCorp lifted their price objective on Analog Devices from $300.00 to $310.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Raymond James Financial upgraded Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Wednesday, June 18th. Finally, Oppenheimer lifted their price objective on Analog Devices from $225.00 to $265.00 and gave the stock an "outperform" rating in a research report on Friday, May 16th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $273.53.

Analog Devices Trading Up 0.4%

ADI traded up $0.96 during trading on Friday, hitting $247.07. The company's stock had a trading volume of 2,166,076 shares, compared to its average volume of 3,877,268. The firm's 50 day moving average price is $238.54 and its 200-day moving average price is $220.05. 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 stock has a market cap of $121.55 billion, a PE ratio of 63.03, a PEG ratio of 2.10 and a beta of 1.08. Analog Devices, Inc. has a twelve month low of $158.65 and a twelve month high of $258.13.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.88 billion during the quarter, compared to analysts' expectations of $2.76 billion. During the same period in the previous year, the company earned $1.58 EPS. The business's quarterly revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 2nd. Analog Devices's dividend payout ratio is presently 101.02%.

Insider Buying and Selling at Analog Devices

In other news, SVP Katsufumi Nakamura sold 2,490 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the sale, the senior vice president owned 13,549 shares in the company, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 transaction of $747,593.75. Following the completion of the sale, the director owned 167,571 shares in the company, valued at approximately $40,088,010.33. This trade represents a 1.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 25,615 shares of company stock valued at $6,450,988 in the last ninety days. 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.