Vanguard Personalized Indexing Management LLC Buys 7,401 Shares of Analog Devices, Inc. $ADI

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Analog Devices by 12.2%, acquiring an additional 7,401 shares during the 2nd quarter, raising its total holdings to 68,080 shares worth approximately $16.23 million.
• Several other institutional investors have also increased their positions in Analog Devices, with institutions now owning 86.81% of the company's stock.
• Analyst ratings for Analog Devices are generally positive, with a consensus rating of "Moderate Buy" and an average price target of $275.29.

Vanguard Personalized Indexing Management LLC increased its stake in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 12.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 68,080 shares of the semiconductor company's stock after acquiring an additional 7,401 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Analog Devices were worth $16,227,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Baader Bank Aktiengesellschaft raised its holdings in Analog Devices by 3.9% during the second quarter. Baader Bank Aktiengesellschaft now owns 1,156 shares of the semiconductor company's stock worth $270,000 after acquiring an additional 43 shares in the last quarter. Bennett Associates Wealth Management raised its holdings in Analog Devices by 2.9% during the second quarter. Bennett Associates Wealth Management now owns 1,624 shares of the semiconductor company's stock worth $387,000 after acquiring an additional 46 shares in the last quarter. EFG Asset Management North America Corp. raised its holdings in Analog Devices by 0.3% during the first quarter. EFG Asset Management North America Corp. now owns 14,209 shares of the semiconductor company's stock worth $2,866,000 after acquiring an additional 47 shares in the last quarter. Plimoth Trust Co. LLC raised its holdings in Analog Devices by 1.8% during the second quarter. Plimoth Trust Co. LLC now owns 2,623 shares of the semiconductor company's stock worth $624,000 after acquiring an additional 47 shares in the last quarter. Finally, Regatta Capital Group LLC raised its holdings in Analog Devices by 4.5% during the second quarter. Regatta Capital Group LLC now owns 1,124 shares of the semiconductor company's stock worth $268,000 after acquiring an additional 48 shares in the last quarter. Institutional investors own 86.81% of the company's stock.

Analyst Ratings Changes

ADI has been the topic of several research analyst reports. Citigroup restated a "buy" rating and issued a $290.00 price objective (up previously from $260.00) on shares of Analog Devices in a research note on Monday, July 7th. KeyCorp upped their price objective on Analog Devices from $300.00 to $310.00 and gave the company an "overweight" rating in a research note on Thursday, August 21st. Benchmark upped their price objective on Analog Devices from $260.00 to $285.00 and gave the company a "buy" rating in a research note on Thursday, August 21st. Wells Fargo & Company upped their price objective on Analog Devices from $235.00 to $250.00 and gave the company an "equal weight" rating in a research note on Thursday, August 21st. Finally, UBS Group dropped their price objective on Analog Devices from $285.00 to $280.00 and set a "buy" rating on the stock in a research note on Monday, July 7th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Analog Devices has an average rating of "Moderate Buy" and a consensus price target of $275.29.

Insider Buying and Selling at Analog Devices

In related news, CEO Vincent Roche sold 10,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $243.71, for a total transaction of $2,437,100.00. Following the sale, the chief executive officer owned 140,118 shares of the company's stock, valued at $34,148,157.78. This represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Edward H. Frank sold 1,000 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $242.74, for a total value of $242,740.00. Following the sale, the director directly owned 5,118 shares in the company, valued at $1,242,343.32. This represents a 16.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 52,240 shares of company stock valued at $12,980,578 over the last ninety days. 0.33% of the stock is owned by corporate insiders.

Analog Devices Price Performance

Analog Devices stock opened at $225.32 on Friday. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $258.13. The stock's 50 day moving average is $241.66 and its 200-day moving average is $224.21. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $110.85 billion, a price-to-earnings ratio of 57.48, a PEG ratio of 1.90 and a beta of 1.09.

Analog Devices (NASDAQ:ADI - Get Free Report) last posted 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 return on equity of 10.32% and a net margin of 18.85%.The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter in the prior year, the business earned $1.58 earnings per share. The firm's revenue for the quarter was up 24.6% on a year-over-year basis. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Equities research analysts expect 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. Investors of record on Tuesday, September 2nd were given a dividend of $0.99 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 dividend on an annualized basis and a yield of 1.8%. Analog Devices's dividend payout ratio 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.