Wealth Enhancement Advisory Services LLC Boosts Stake in Analog Devices, Inc. $ADI

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in Analog Devices, Inc. by 0.4%, now owning approximately 275,606 shares valued at about $67.7 million.
• CEO Vincent Roche sold 20,000 shares of Analog Devices at an average price of $254.29, reflecting a significant decrease of 45.96% in his shareholding.
• The company reported a solid earnings performance with a Q4 EPS of $2.05, exceeding estimates, and revenue of $2.88 billion, up 24.6% year-over-year.

Wealth Enhancement Advisory Services LLC lifted its position in shares of Analog Devices, Inc. (NASDAQ:ADI - Free Report) by 0.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 275,606 shares of the semiconductor company's stock after purchasing an additional 1,105 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.06% of Analog Devices worth $67,711,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Orion Capital Management LLC purchased a new position in Analog Devices in the fourth quarter valued at $27,000. Menard Financial Group LLC acquired a new position in Analog Devices in the 4th quarter worth about $27,000. Activest Wealth Management raised its holdings in Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 127 shares during the period. Alpine Bank Wealth Management acquired a new position in Analog Devices in the 1st quarter worth about $27,000. Finally, N.E.W. Advisory Services LLC acquired a new position in Analog Devices in the 1st quarter worth about $33,000. Hedge funds and other institutional investors own 86.81% of the company's stock.

Insider Activity

In other news, CEO Vincent Roche sold 20,000 shares of Analog Devices stock in a transaction that occurred on Wednesday, August 27th. The shares were 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 approximately $5,979,629.35. The trade was a 45.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $246.92, for a total transaction of $771,625.00. Following the sale, the director directly owned 155,071 shares in the company, valued at approximately $38,290,131.32. The trade was a 1.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 41,240 shares of company stock valued at $10,300,738 in the last ninety days. 0.33% of the stock is currently owned by company insiders.

Analyst Ratings Changes

ADI has been the topic of a number of recent analyst reports. Evercore ISI increased their target price on Analog Devices from $280.00 to $303.00 and gave the company an "outperform" rating in a research report on Thursday, August 21st. Benchmark lifted their target price on shares of Analog Devices from $260.00 to $285.00 and gave the company a "buy" rating in a research report on Thursday, August 21st. Needham & Company LLC reiterated a "hold" rating on shares of Analog Devices in a research report on Thursday, August 21st. Stifel Nicolaus lifted their target price on shares of Analog Devices from $248.00 to $270.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Finally, Seaport Res Ptn upgraded Analog Devices from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $273.53.

Analog Devices Price Performance

Shares of NASDAQ:ADI traded up $2.01 during midday trading on Monday, hitting $247.34. The company's stock had a trading volume of 2,166,035 shares, compared to its average volume of 2,979,948. The business's 50 day simple moving average is $239.26 and its 200 day simple moving average is $221.17. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.79 and a current ratio of 2.32. The company has a market cap of $121.68 billion, a P/E ratio of 63.10, a price-to-earnings-growth ratio of 2.07 and a beta of 1.08. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13.

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 the consensus estimate of $1.95 by $0.10. The business had revenue of $2.88 billion for the quarter, compared to analysts' expectations of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.The business's revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current year.

Analog Devices Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices's dividend payout ratio is presently 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.