NewEdge Advisors LLC Lowers Stock Position in Analog Devices, Inc. $ADI

NewEdge Advisors LLC cut its holdings in shares of Analog Devices, Inc. (NASDAQ:ADI) by 8.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,651 shares of the semiconductor company’s stock after selling 8,338 shares during the period. NewEdge Advisors LLC’s holdings in Analog Devices were worth $17,878,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. EFG Asset Management North America Corp. grew its position in shares of 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 during the last quarter. Heritage Financial Services LLC lifted its holdings in shares of Analog Devices by 1.6% during the first quarter. Heritage Financial Services LLC now owns 3,317 shares of the semiconductor company’s stock worth $669,000 after purchasing an additional 53 shares during the period. Hemington Wealth Management lifted its holdings in shares of Analog Devices by 11.4% during the first quarter. Hemington Wealth Management now owns 538 shares of the semiconductor company’s stock worth $108,000 after purchasing an additional 55 shares during the period. Continuum Advisory LLC lifted its holdings in shares of Analog Devices by 14.8% during the first quarter. Continuum Advisory LLC now owns 443 shares of the semiconductor company’s stock worth $89,000 after purchasing an additional 57 shares during the period. Finally, Proficio Capital Partners LLC lifted its holdings in shares of Analog Devices by 0.4% during the first quarter. Proficio Capital Partners LLC now owns 14,523 shares of the semiconductor company’s stock worth $2,929,000 after purchasing an additional 58 shares during the period. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. UBS Group decreased their price target on Analog Devices from $285.00 to $280.00 and set a “buy” rating for the company in a report on Monday, July 7th. The Goldman Sachs Group assumed coverage on Analog Devices in a report on Thursday, July 10th. They set a “buy” rating and a $285.00 price target for the company. Barclays increased their price target on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Evercore ISI increased their price target on Analog Devices from $280.00 to $303.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Finally, Needham & Company LLC reissued a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $273.53.

Analog Devices Price Performance

Analog Devices stock opened at $247.07 on Friday. Analog Devices, Inc. has a one year low of $158.65 and a one year high of $258.13. 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 business has a fifty day moving average of $238.54 and a two-hundred day moving average of $220.20. The company has a market cap of $121.55 billion, a P/E ratio of 63.03, a price-to-earnings-growth ratio of 2.09 and a beta of 1.08.

Analog Devices (NASDAQ:ADI) last released its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 EPS for the quarter, beating 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 company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same quarter last year, the company earned $1.58 earnings per share. Analog Devices’s quarterly revenue was up 24.6% compared to the same quarter last year. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, analysts predict that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 2nd. Analog Devices’s payout ratio is 101.02%.

Insider Transactions at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the completion of the transaction, the director owned 167,571 shares of the company’s stock, valued at $40,088,010.33. The trade was a 1.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Vincent Roche sold 20,000 shares of Analog Devices stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $254.29, for a total value of $5,085,800.00. Following the transaction, the chief executive officer directly 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 disclosure for this sale can be found here. Insiders sold 25,615 shares of company stock valued at $6,450,988 in the last 90 days. 0.33% of the stock is currently owned by insiders.

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.