Cwm LLC Increases Stake in Analog Devices, Inc. $ADI

Key Points

• Cwm LLC increased its stake in Analog Devices, Inc. by 30.7% during the second quarter, holding 30,412 shares valued at approximately $7.24 million.
• Multiple analysts have raised their price targets for Analog Devices, with JPMorgan raising it to $310.00 and Evercore ISI to $303.00, indicating strong investor interest and support.
• Analog Devices announced a quarterly dividend of $0.99 per share, representing an annualized yield of 1.7%, despite a payout ratio exceeding 100%.

Cwm LLC boosted its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 30.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,412 shares of the semiconductor company's stock after purchasing an additional 7,137 shares during the period. Cwm LLC's holdings in Analog Devices were worth $7,239,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. RMG Wealth Management LLC purchased a new position in Analog Devices in the 2nd quarter worth approximately $26,000. Activest Wealth Management grew its position in shares of Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after buying an additional 127 shares during the last quarter. Alpine Bank Wealth Management bought a new stake in shares of Analog Devices in the 1st quarter worth approximately $27,000. N.E.W. Advisory Services LLC bought a new stake in shares of Analog Devices in the 1st quarter worth approximately $33,000. Finally, North Capital Inc. bought a new stake in shares of Analog Devices in the 1st quarter worth approximately $36,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ADI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. 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. Citigroup reiterated a "buy" rating and issued a $290.00 price objective (up from $260.00) on shares of Analog Devices in a research report on Monday, July 7th. The Goldman Sachs Group began coverage on Analog Devices in a research report on Thursday, July 10th. They issued a "buy" rating and a $285.00 price objective on the stock. Seaport Res Ptn upgraded Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Finally, Evercore ISI increased their price objective on Analog Devices from $280.00 to $303.00 and gave the stock an "outperform" rating in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $275.29.

Analog Devices Trading Up 1.2%

Analog Devices stock opened at $238.15 on Thursday. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The business's fifty day simple moving average is $242.55 and its two-hundred day simple moving average is $224.72. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $258.13. The company has a market capitalization of $117.16 billion, a price-to-earnings ratio of 60.75, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its earnings results 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 return on equity of 10.32% and a net margin of 18.85%.The business had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same period in the previous year, the company posted $1.58 earnings per share. The company's revenue for the quarter 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. As a group, equities analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices's payout ratio is 101.02%.

Insiders Place Their Bets

In other news, Director Ray Stata sold 3,125 shares of the business's stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total value of $771,625.00. Following the completion of the transaction, the director owned 155,071 shares in the company, valued at $38,290,131.32. The trade was a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Vincent Roche sold 10,000 shares of the business's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $243.71, for a total value of $2,437,100.00. Following the completion of the transaction, the chief executive officer owned 140,118 shares of the company's stock, valued at $34,148,157.78. This represents a 6.66% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 49,115 shares of company stock valued at $12,232,985. Company insiders own 0.33% of the company's stock.

Analog Devices Company 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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