Venture Visionary Partners LLC Boosts Stake in Analog Devices, Inc. $ADI

Key Points

• Venture Visionary Partners LLC increased its stake in Analog Devices, Inc. by 112.2% during the second quarter, owning 3,420 shares valued at $814,000.
• Analog Devices reported $2.05 EPS for its recent quarter, exceeding analysts' expectations, with revenue of $2.88 billion, a 24.6% year-over-year increase.
• The company announced a quarterly dividend of $0.99 per share, resulting in an annualized dividend yield of 1.6%, despite a payout ratio of 101.02%.

Venture Visionary Partners LLC raised its stake in Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 112.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,420 shares of the semiconductor company's stock after acquiring an additional 1,808 shares during the quarter. Venture Visionary Partners LLC's holdings in Analog Devices were worth $814,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in Analog Devices by 0.7% in the 1st 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 during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of 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 purchasing an additional 2,407,460 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Analog Devices by 0.3% in the first quarter. Raymond James Financial Inc. now owns 3,935,224 shares of the semiconductor company's stock valued at $793,616,000 after purchasing an additional 12,666 shares during the last quarter. Amundi raised its stake in shares of Analog Devices by 29.2% in the 1st quarter. Amundi now owns 3,892,848 shares of the semiconductor company's stock valued at $785,071,000 after purchasing an additional 880,636 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Analog Devices by 1.9% in the 1st 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 during the last quarter. Hedge funds and other institutional investors own 86.81% of the company's stock.

Analog Devices Price Performance

Shares of ADI opened at $245.70 on Wednesday. The stock's 50-day moving average price is $240.08 and its two-hundred day moving average price is $222.66. 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 stock has a market cap of $120.87 billion, a P/E ratio of 62.68, a price-to-earnings-growth ratio of 2.06 and a beta of 1.08. 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 issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, topping analysts' consensus estimates 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 firm's quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the business posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities 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 was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.99 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. Analog Devices's payout ratio is presently 101.02%.

Insiders Place Their Bets

In related news, CEO Vincent Roche sold 20,000 shares of the firm's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total transaction of $5,085,800.00. Following the sale, the chief executive officer owned 23,515 shares of the company's stock, valued at $5,979,629.35. This trade represents a 45.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Martin Cotter sold 12,500 shares of the stock in a transaction dated 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 completion of the sale, the senior vice president directly owned 63,048 shares of the company's stock, valued at approximately $15,525,570. The trade was a 16.55% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 41,240 shares of company stock valued at $10,300,738. 0.33% of the stock is owned by corporate insiders.

Analyst Ratings Changes

ADI has been the subject of a number of recent analyst reports. Barclays increased their target price on shares of Analog Devices from $185.00 to $240.00 and gave the company an "equal weight" rating in a research report on Thursday, August 21st. Seaport Res Ptn raised shares of Analog Devices from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Noble Financial upgraded Analog Devices to an "outperform" rating in a report on Wednesday, June 18th. Citigroup reiterated a "buy" rating and set a $290.00 price target (up previously from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Finally, Wells Fargo & Company increased their price objective on Analog Devices from $235.00 to $250.00 and gave the company an "equal weight" rating in a research report on Thursday, August 21st. 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 company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $275.29.

Analog Devices Company 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.

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