RWA Wealth Partners LLC Trims Stock Position in Analog Devices, Inc. $ADI

Key Points

• RWA Wealth Partners LLC reduced its holdings in Analog Devices by 45.8% in the first quarter, leaving them with 8,028 shares valued at approximately $1.6 million.
• In its recent earnings report, Analog Devices beat expectations with an EPS of $1.85 and quarterly revenue of $2.64 billion, a 22.3% increase compared to the previous year.
• Several hedge funds entered positions in Analog Devices recently, contributing to institutional ownership reaching 86.81% of the company's stock.

RWA Wealth Partners LLC lowered its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 45.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,028 shares of the semiconductor company's stock after selling 6,780 shares during the period. RWA Wealth Partners LLC's holdings in Analog Devices were worth $1,619,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. boosted its holdings in Analog Devices by 284.4% in the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company's stock valued at $6,262,000 after acquiring an additional 22,973 shares in the last quarter. Freestone Grove Partners LP bought a new stake in shares of Analog Devices during the 4th quarter valued at $10,212,000. Sowell Financial Services LLC bought a new stake in shares of Analog Devices during the 1st quarter valued at $296,000. Keybank National Association OH boosted its holdings in shares of Analog Devices by 85.8% during the 1st quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company's stock valued at $5,461,000 after buying an additional 12,505 shares in the last quarter. Finally, Eastern Bank boosted its holdings in shares of Analog Devices by 6.0% during the 1st quarter. Eastern Bank now owns 196,677 shares of the semiconductor company's stock valued at $39,664,000 after buying an additional 11,101 shares in the last quarter. Institutional investors own 86.81% of the company's stock.

Insiders Place Their Bets

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

Analyst Ratings Changes

A number of analysts have recently commented on ADI shares. KeyCorp boosted their target price on shares of Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a report on Thursday. Stifel Nicolaus boosted their target price on shares of Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a report on Friday, July 18th. Seaport Res Ptn upgraded shares of Analog Devices from a "strong sell" rating to a "hold" rating in a report on Monday, July 21st. TD Cowen boosted their target price on shares of Analog Devices from $200.00 to $250.00 and gave the company a "buy" rating in a report on Friday, May 23rd. Finally, Noble Financial upgraded shares of Analog Devices to an "outperform" rating in a research note on Wednesday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, Analog Devices currently has an average rating of "Moderate Buy" and a consensus target price of $273.53.

Analog Devices Stock Performance

NASDAQ:ADI traded up $5.25 during mid-day trading on Friday, reaching $252.20. The company's stock had a trading volume of 4,988,997 shares, compared to its average volume of 3,656,419. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $257.22. The firm's fifty day moving average price is $234.80 and its two-hundred day moving average price is $217.35. The company has a current ratio of 2.32, a quick ratio of 1.51 and a debt-to-equity ratio of 0.24. The stock has a market cap of $125.15 billion, a P/E ratio of 64.34, a PEG ratio of 2.19 and a beta of 1.05.

Analog Devices (NASDAQ:ADI - Get Free Report) last issued its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.10. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same quarter in the previous year, the firm earned $1.58 EPS. Analog Devices's 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. On average, equities analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

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