CW Advisors LLC Raises Holdings in Analog Devices, Inc. $ADI

Key Points

• CW Advisors LLC increased its stake in Analog Devices, Inc. by 7.8%, acquiring an additional 7,801 shares, bringing their total holdings to 107,309 shares valued at approximately $21.6 million.
• Analysts have a consensus rating of "Moderate Buy" for Analog Devices, with an average price target set at $258.89, indicating positive expectations for the company's stock performance.
• Analog Devices recently reported earnings of $2.05 per share, exceeding analysts' estimates, and announced a quarterly dividend of $0.99, reflecting a commitment to returning value to shareholders.

CW Advisors LLC increased its holdings in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 7.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 107,309 shares of the semiconductor company's stock after purchasing an additional 7,801 shares during the quarter. CW Advisors LLC's holdings in Analog Devices were worth $21,647,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. China Universal Asset Management Co. Ltd. raised its holdings in Analog Devices by 284.4% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company's stock worth $6,262,000 after purchasing an additional 22,973 shares during the period. Freestone Grove Partners LP acquired a new position in Analog Devices in the 4th quarter worth about $10,212,000. Sowell Financial Services LLC acquired a new position in Analog Devices in the 1st quarter worth about $296,000. Keybank National Association OH raised its holdings in Analog Devices by 85.8% in the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock worth $5,461,000 after purchasing an additional 12,505 shares during the period. Finally, Eastern Bank raised its holdings in Analog Devices by 6.0% in the 1st quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock worth $39,664,000 after purchasing an additional 11,101 shares during the period. Institutional investors and hedge funds own 86.81% of the company's stock.

Wall Street Analyst Weigh In

ADI has been the subject of several research reports. Stifel Nicolaus boosted their price objective on Analog Devices from $248.00 to $270.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. JPMorgan Chase & Co. boosted 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. Morgan Stanley boosted their price objective on Analog Devices from $273.00 to $288.00 and gave the stock an "overweight" rating in a research note on Thursday. Wall Street Zen upgraded Analog Devices from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Finally, Benchmark boosted their price objective on Analog Devices from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $273.53.

Insiders Place Their Bets

In related news, Director Ray Stata sold 3,125 shares of the stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total value of $747,593.75. Following the completion of the transaction, the director directly owned 167,571 shares in the company, valued at approximately $40,088,010.33. This represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.33% of the company's stock.

Analog Devices Price Performance

Shares of ADI stock traded up $5.25 during trading hours on Friday, reaching $252.20. The company had a trading volume of 4,988,997 shares, compared to its average volume of 3,656,419. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.51 and a current ratio of 2.32. The stock has a fifty day moving average of $234.80 and a 200-day moving average of $217.40. The company has a market capitalization of $124.07 billion, a price-to-earnings ratio of 64.34, a PEG ratio of 2.24 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 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 business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business's revenue was up 24.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

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

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.