EP Wealth Advisors LLC Acquires 3,320 Shares of Analog Devices, Inc. $ADI

Key Points

• EP Wealth Advisors LLC increased its stake in Analog Devices, Inc. by 61.0% during the first quarter, acquiring an additional 3,320 shares, bringing their total holdings to 8,767 shares valued at approximately $1.77 million.
• Analog Devices reported $2.05 EPS for its last quarter, surpassing analysts' expectations and achieving a 24.6% year-over-year revenue growth to $2.88 billion.
• The company announced a quarterly dividend of $0.99 per share, with a yield of 1.6%, although the payout ratio stands at a high 101.02%.

EP Wealth Advisors LLC raised its position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 61.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,767 shares of the semiconductor company's stock after purchasing an additional 3,320 shares during the period. EP Wealth Advisors LLC's holdings in Analog Devices were worth $1,768,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of ADI. Price T Rowe Associates Inc. MD increased its stake in Analog Devices by 26.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company's stock valued at $2,304,098,000 after purchasing an additional 2,407,460 shares in the last quarter. GAMMA Investing LLC increased its stake in Analog Devices by 25,460.1% in the first quarter. GAMMA Investing LLC now owns 2,211,715 shares of the semiconductor company's stock valued at $446,037,000 after purchasing an additional 2,203,062 shares in the last quarter. Nuveen LLC bought a new stake in Analog Devices in the first quarter valued at approximately $351,943,000. Deutsche Bank AG increased its stake in Analog Devices by 71.0% in the fourth quarter. Deutsche Bank AG now owns 2,158,914 shares of the semiconductor company's stock valued at $458,683,000 after purchasing an additional 896,694 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Analog Devices by 25.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,333,615 shares of the semiconductor company's stock valued at $708,260,000 after purchasing an additional 668,023 shares in the last quarter. Institutional investors own 86.81% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ADI shares. Benchmark increased their price objective on shares of Analog Devices from $260.00 to $285.00 and gave the stock a "buy" rating in a research report on Thursday, August 21st. UBS Group lowered their price objective on shares of Analog Devices from $285.00 to $280.00 and set a "buy" rating for the company in a research report on Monday, July 7th. Wall Street Zen raised shares of Analog Devices from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Raymond James Financial raised shares of Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Wednesday, June 18th. Finally, Truist Financial increased their price objective on shares of Analog Devices from $219.00 to $249.00 and gave the stock a "hold" rating in a research report on Thursday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $273.53.

Analog Devices Stock Performance

Shares of ADI traded down $0.83 during midday trading on Wednesday, reaching $247.35. The stock had a trading volume of 526,769 shares, compared to its average volume of 3,921,081. The firm has a 50 day simple moving average of $238.91 and a 200-day simple moving average of $220.15. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The firm has a market cap of $121.68 billion, a PE ratio of 63.20, a P/E/G ratio of 2.12 and a beta of 1.08. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $2.76 billion. During the same quarter last year, the firm posted $1.58 EPS. The company's quarterly revenue was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, sell-side analysts anticipate that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

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

Insider Buying and Selling at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 12,500 shares of the firm's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $246.25, for a total value of $3,078,125.00. Following the transaction, the senior vice president directly owned 63,048 shares of the company's stock, valued at $15,525,570. This trade represents a 16.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ray Stata sold 3,125 shares of the firm'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 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 disclosure for this sale can be found here. Insiders have sold 38,115 shares of company stock worth $9,529,113 over the last quarter. 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.