Scott & Selber Inc. Invests $1.90 Million in Analog Devices, Inc. $ADI

Key Points

• Scott & Selber Inc. has invested approximately $1.90 million in Analog Devices, Inc., acquiring 7,999 shares, marking a significant addition to its portfolio during the 2nd quarter.
• The semiconductor company reported a quarterly EPS of $2.05, surpassing analyst expectations, with revenue of $2.88 billion, which reflects a year-over-year increase of 24.6%.
• Analog Devices has announced a quarterly dividend of $0.99 per share, with an annualized yield of 1.6% and a payout ratio of over 101%.

Scott & Selber Inc. acquired a new stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 7,999 shares of the semiconductor company's stock, valued at approximately $1,904,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ADI. Activest Wealth Management raised its stake in shares of Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 127 shares during the period. Alpine Bank Wealth Management bought a new position in shares of Analog Devices during the first quarter worth about $27,000. N.E.W. Advisory Services LLC acquired a new stake in Analog Devices in the 1st quarter valued at approximately $33,000. North Capital Inc. bought a new stake in Analog Devices in the 1st quarter valued at approximately $36,000. Finally, Wolff Wiese Magana LLC boosted its position in Analog Devices by 209.8% during the 1st quarter. Wolff Wiese Magana LLC now owns 189 shares of the semiconductor company's stock worth $38,000 after acquiring an additional 128 shares during the last quarter. 86.81% of the stock is owned by institutional investors and hedge funds.

Analog Devices Trading Up 0.0%

ADI stock opened at $247.56 on Monday. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. The stock has a market cap of $121.79 billion, a price-to-earnings ratio of 63.15, a price-to-earnings-growth ratio of 2.09 and a beta of 1.08. The company has a fifty day moving average price of $239.79 and a two-hundred day moving average price of $222.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79.

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

Analog Devices Dividend Announcement

The company also recently announced 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. The ex-dividend date was 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 101.02%.

Insider Transactions at Analog Devices

In other news, CEO Vincent Roche sold 20,000 shares of the business's 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 of the company's stock, valued at approximately $5,979,629.35. The trade was a 45.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Katsufumi Nakamura sold 2,490 shares of the business'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 completion of the sale, the senior vice president directly owned 13,549 shares of the company's stock, valued at $3,360,558.47. This represents a 15.52% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 41,240 shares of company stock valued at $10,300,738. 0.33% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

ADI has been the topic of a number of recent research reports. Noble Financial upgraded shares of Analog Devices to an "outperform" rating in a report on Wednesday, June 18th. Morgan Stanley raised their target price on shares of Analog Devices from $273.00 to $288.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Truist Financial boosted their price target on shares of Analog Devices from $219.00 to $249.00 and gave the stock a "hold" rating in a research report on Thursday, August 21st. KeyCorp lifted their target price on Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research report on Thursday, August 21st. Finally, Raymond James Financial upgraded Analog Devices from a "moderate buy" rating to a "strong-buy" rating in a research note on Wednesday, June 18th. Two research 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 stock. According to MarketBeat, Analog Devices currently has an average rating of "Moderate Buy" and a consensus target price 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.

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