Integrity Alliance LLC. Makes New $325,000 Investment in Analog Devices, Inc. $ADI

Key Points

• Integrity Alliance LLC made a new $325,000 investment in Analog Devices, Inc., purchasing 1,613 shares during the first quarter.
• Several hedge funds, including Activest Wealth Management, have significantly increased their stakes in Analog Devices, with institutional investors now owning 86.81% of the company's stock.
• Analog Devices recently reported earnings, exceeding expectations with $2.05 EPS, and announced a quarterly dividend of $0.99 per share.

Integrity Alliance LLC. bought a new position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,613 shares of the semiconductor company's stock, valued at approximately $325,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Analog Devices by 0.7% during the first quarter. Vanguard Group Inc. now owns 49,465,370 shares of the semiconductor company's stock worth $9,975,681,000 after buying an additional 359,841 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Analog Devices by 26.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company's stock worth $2,304,098,000 after buying an additional 2,407,460 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Analog Devices by 0.3% during the first quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company's stock worth $793,616,000 after buying an additional 12,666 shares in the last quarter. Amundi boosted its holdings in Analog Devices by 29.2% during the first quarter. Amundi now owns 3,892,848 shares of the semiconductor company's stock worth $785,071,000 after buying an additional 880,636 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Analog Devices by 1.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,397,181 shares of the semiconductor company's stock worth $685,109,000 after buying an additional 63,566 shares in the last quarter. 86.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ADI. Piper Sandler raised their price objective on shares of Analog Devices from $215.00 to $245.00 and gave the stock a "neutral" rating in a research note on Thursday, August 21st. Benchmark raised their price objective on shares of Analog Devices from $260.00 to $285.00 and gave the stock a "buy" rating in a research note on Thursday, August 21st. Barclays raised their price objective on shares of Analog Devices from $185.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 21st. Wall Street Zen raised shares of Analog Devices from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Finally, Truist Financial raised their price objective on shares of Analog Devices from $219.00 to $249.00 and gave the stock a "hold" rating in a research note on Thursday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $273.53.

Insider Buying and Selling at Analog Devices

In related news, SVP Martin Cotter sold 12,500 shares of Analog Devices stock in a transaction on 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 owned 63,048 shares in the company, valued at $15,525,570. This trade represents a 16.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the completion of the transaction, the director owned 167,571 shares in the company, valued at $40,088,010.33. This trade represents a 1.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 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 Stock Down 0.1%

ADI stock traded down $0.30 during midday trading on Monday, reaching $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 market capitalization of $120.48 billion, a P/E ratio of 62.48, a PEG ratio of 2.07 and a beta of 1.08. The company has a 50 day moving average of $239.04 and a two-hundred day moving average of $220.47. 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, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13.

Analog Devices (NASDAQ:ADI - Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating analysts' consensus estimates of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. Analog Devices's revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities research analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be issued a dividend of $0.99 per share. The ex-dividend date 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 (DPR) is currently 101.02%.

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.