Family Legacy Financial Solutions LLC Invests $828,000 in Analog Devices, Inc. $ADI

Key Points

• Family Legacy Financial Solutions LLC acquired 3,422 shares of Analog Devices, Inc. valued at approximately $828,000, which now constitutes about 0.7% of their investment portfolio.
• Analog Devices reported a quarterly earnings per share (EPS) of $2.05, exceeding analyst expectations, with revenue of $2.88 billion representing a 24.6% year-over-year increase.
• The company recently declared a quarterly dividend of $0.99, with a 1.6% yield and a dividend payout ratio of 101.02%.

Family Legacy Financial Solutions LLC purchased a new position in Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,422 shares of the semiconductor company's stock, valued at approximately $828,000. Analog Devices comprises 0.7% of Family Legacy Financial Solutions LLC's holdings, making the stock its 27th largest holding.

Several other hedge funds have also added to or reduced their stakes in the stock. Baader Bank Aktiengesellschaft grew its holdings in shares of Analog Devices by 3.9% during the second quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company's stock valued at $270,000 after buying an additional 43 shares during the last quarter. EFG Asset Management North America Corp. increased its holdings in Analog Devices by 0.3% in the 1st quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company's stock worth $2,866,000 after buying an additional 47 shares in the last quarter. Heritage Financial Services LLC boosted its holdings in shares of Analog Devices by 1.6% during the 1st quarter. Heritage Financial Services LLC now owns 3,317 shares of the semiconductor company's stock valued at $669,000 after acquiring an additional 53 shares during the last quarter. Hemington Wealth Management boosted its holdings in shares of Analog Devices by 11.4% during the 1st quarter. Hemington Wealth Management now owns 538 shares of the semiconductor company's stock valued at $108,000 after acquiring an additional 55 shares during the last quarter. Finally, Continuum Advisory LLC lifted its position in Analog Devices by 14.8% during the first quarter. Continuum Advisory LLC now owns 443 shares of the semiconductor company's stock valued at $89,000 after purchasing an additional 57 shares during the period. 86.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ADI shares. Zacks Research raised Analog Devices from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 22nd. Wall Street Zen upgraded Analog Devices from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Williams Trading set a $260.00 price target on shares of Analog Devices in a research report on Friday, May 23rd. Seaport Res Ptn raised Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Finally, Needham & Company LLC reissued a "hold" rating on shares of Analog Devices in a research report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, Analog Devices has an average rating of "Moderate Buy" and a consensus target price of $273.53.

Analog Devices Stock Down 1.5%

Shares of NASDAQ ADI traded down $3.72 during midday trading on Friday, reaching $245.33. 5,182,569 shares of the company's stock were exchanged, compared to its average volume of 2,970,356. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The business's fifty day moving average price is $239.18 and its two-hundred day moving average price is $221.03. Analog Devices, Inc. has a 52-week low of $158.65 and a 52-week high of $258.13. The stock has a market capitalization of $120.69 billion, a PE ratio of 62.58, a price-to-earnings-growth ratio of 2.07 and a beta of 1.08.

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, 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 firm had revenue of $2.88 billion for the quarter, compared to analysts' expectations of $2.76 billion. During the same quarter last year, the company earned $1.58 EPS. Analog Devices'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. Analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Announces Dividend

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

Insider Activity

In related 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 transaction of $617,594.70. Following the transaction, the senior vice president owned 13,549 shares in the company, valued at $3,360,558.47. This represents a 15.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Vincent Roche sold 20,000 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the completion of the sale, the chief executive officer owned 23,515 shares in the company, valued at approximately $5,979,629.35. This trade represents a 45.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 41,240 shares of company stock valued at $10,300,738. 0.33% of the stock is owned by corporate insiders.

Analog Devices 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.