Analog Devices, Inc. $ADI Shares Purchased by Fairscale Capital LLC

Key Points

• Fairscale Capital LLC significantly increased its stake in Analog Devices, Inc. by 3,277.1% during the first quarter, leading to a total holding valued at $238,000.
• Several analysts have upgraded Analog Devices' stock ratings, with target prices rising to as high as $270.00, indicating positive sentiment and growth expectations for the company.
• Analog Devices recently reported a quarterly EPS of $1.85, exceeding estimates, with revenue growth of 22.3% year-over-year, further underlining its strong performance in the semiconductor market.

Fairscale Capital LLC increased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 3,277.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,182 shares of the semiconductor company's stock after purchasing an additional 1,147 shares during the period. Fairscale Capital LLC's holdings in Analog Devices were worth $238,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of ADI. Brighton Jones LLC raised its position in shares of Analog Devices by 39.5% during the 4th quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company's stock worth $397,000 after purchasing an additional 529 shares during the last quarter. Jump Financial LLC raised its position in shares of Analog Devices by 4.0% during the 4th quarter. Jump Financial LLC now owns 1,888 shares of the semiconductor company's stock worth $401,000 after purchasing an additional 73 shares during the last quarter. GeoWealth Management LLC raised its position in shares of Analog Devices by 11.5% during the 4th quarter. GeoWealth Management LLC now owns 3,433 shares of the semiconductor company's stock worth $729,000 after purchasing an additional 354 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Analog Devices during the 4th quarter worth approximately $5,723,000. Finally, Norinchukin Bank The raised its position in shares of Analog Devices by 6.9% during the 4th quarter. Norinchukin Bank The now owns 25,864 shares of the semiconductor company's stock worth $5,495,000 after purchasing an additional 1,676 shares during the last quarter. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Trading Up 6.3%

Shares of NASDAQ ADI traded up $14.43 during trading on Wednesday, hitting $244.87. 8,527,034 shares of the company traded hands, compared to its average volume of 3,561,183. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $247.73. The company has a 50-day moving average price of $233.96 and a 200-day moving average price of $216.74. The firm has a market capitalization of $121.52 billion, a P/E ratio of 66.72, a P/E/G ratio of 2.12 and a beta of 1.05. The company has a quick ratio of 1.51, a current ratio of 2.08 and a debt-to-equity ratio of 0.19.

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 18.65% and a return on equity of 9.56%. 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, equities analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 1.6%. Analog Devices's dividend payout ratio (DPR) is 107.90%.

Insiders Place Their Bets

In related news, Director Ray Stata sold 3,125 shares of the company's stock in a transaction on 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 directly owned 167,571 shares of the company's stock, valued at approximately $40,088,010.33. This represents a 1.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.33% of the company's stock.

Analysts Set New Price Targets

ADI has been the subject of several recent analyst reports. Morgan Stanley lowered their target price on shares of Analog Devices from $214.00 to $212.00 and set an "overweight" rating for the company in a research note on Friday, May 23rd. Benchmark reaffirmed a "buy" rating and issued a $260.00 target price (down from $275.00) on shares of Analog Devices in a research note on Friday, May 23rd. Piper Sandler lowered their target price on shares of Analog Devices from $240.00 to $215.00 and set a "neutral" rating for the company in a research note on Friday, May 23rd. Seaport Res Ptn raised shares of Analog Devices from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Finally, Noble Financial raised shares of Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $258.89.

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.