Focus Partners Wealth Boosts Position in Analog Devices, Inc. $ADI

Key Points

• Focus Partners Wealth increased its stake in Analog Devices, Inc. by 46.3% during the 1st quarter by acquiring 10,877 shares, bringing its total ownership to 34,370 shares valued at approximately $6.93 million.
• Institutional investors collectively own 86.81% of Analog Devices' stock, indicating strong institutional confidence in the semiconductor company.
• Analysts maintain a Moderate Buy rating for Analog Devices, with a consensus target price of $273.53, despite varying target adjustments from firms like UBS and Evercore ISI.

Focus Partners Wealth lifted its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 46.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,370 shares of the semiconductor company's stock after buying an additional 10,877 shares during the period. Focus Partners Wealth's holdings in Analog Devices were worth $6,932,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Analog Devices by 39.5% in the fourth quarter. Brighton Jones LLC now owns 1,867 shares of the semiconductor company's stock valued at $397,000 after purchasing an additional 529 shares during the period. Graham Capital Management L.P. purchased a new stake in Analog Devices in the fourth quarter valued at approximately $333,000. Man Group plc increased its holdings in Analog Devices by 8.2% in the 4th quarter. Man Group plc now owns 7,972 shares of the semiconductor company's stock worth $1,694,000 after buying an additional 601 shares during the period. Raiffeisen Bank International AG purchased a new position in Analog Devices during the 4th quarter worth approximately $1,619,000. Finally, Royal Bank of Canada boosted its holdings in shares of Analog Devices by 18.6% in the 4th quarter. Royal Bank of Canada now owns 2,529,223 shares of the semiconductor company's stock valued at $537,358,000 after acquiring an additional 395,969 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Analog Devices

In other Analog Devices news, CEO Vincent Roche sold 20,000 shares of the stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total value 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 represents a 45.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of the firm's stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the completion of the transaction, the senior vice president directly owned 63,048 shares in the company, valued at $15,525,570. This trade represents a 16.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 38,115 shares of company stock worth $9,529,113. Company insiders own 0.33% of the company's stock.

Analog Devices Price Performance

NASDAQ ADI traded down $0.30 on Monday, hitting $244.91. The company had a trading volume of 2,310,381 shares, compared to its average volume of 3,488,157. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79. The company's fifty day moving average price is $239.04 and its 200-day moving average price is $220.47. The company has a market capitalization of $120.48 billion, a PE ratio of 62.48, a PEG ratio of 2.07 and a beta of 1.08. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13.

Analog Devices (NASDAQ:ADI - Get Free Report) last announced its earnings results 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. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The company's revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be issued a dividend of $0.99 per share. The ex-dividend date of this dividend 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 presently 101.02%.

Analyst Ratings Changes

ADI has been the subject of a number of recent research reports. Cowen reiterated a "buy" rating on shares of Analog Devices in a research note on Friday, May 23rd. JPMorgan Chase & Co. lifted their price target on Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Zacks Research upgraded Analog Devices from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 22nd. KGI Securities started coverage on shares of Analog Devices in a research note on Friday, May 23rd. They set a "buy" rating on the stock. Finally, Morgan Stanley boosted their target price on shares of Analog Devices from $273.00 to $288.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $273.53.

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.