Kidder Stephen W Sells 554 Shares of Analog Devices, Inc. $ADI

Kidder Stephen W lowered its stake in Analog Devices, Inc. (NASDAQ:ADI) by 1.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,902 shares of the semiconductor company’s stock after selling 554 shares during the period. Analog Devices makes up approximately 3.5% of Kidder Stephen W’s portfolio, making the stock its 10th biggest holding. Kidder Stephen W’s holdings in Analog Devices were worth $11,640,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ADI. Price T Rowe Associates Inc. MD increased its holdings in shares of Analog Devices by 26.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,425,084 shares of the semiconductor company’s stock valued at $2,304,098,000 after purchasing an additional 2,407,460 shares during the period. Nuveen LLC acquired a new position in shares of Analog Devices in the first quarter valued at approximately $351,943,000. Amundi increased its holdings in shares of Analog Devices by 29.2% in the first 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 during the period. Robeco Institutional Asset Management B.V. increased its holdings in shares of Analog Devices by 229.6% in the first quarter. Robeco Institutional Asset Management B.V. now owns 796,824 shares of the semiconductor company’s stock valued at $160,695,000 after purchasing an additional 555,065 shares during the period. Finally, Voya Investment Management LLC increased its holdings in shares of Analog Devices by 211.9% in the first quarter. Voya Investment Management LLC now owns 745,251 shares of the semiconductor company’s stock valued at $150,295,000 after purchasing an additional 506,314 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.

Analog Devices Stock Down 3.6%

Analog Devices stock opened at $233.75 on Wednesday. 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 firm has a market capitalization of $114.99 billion, a price-to-earnings ratio of 59.63, a price-to-earnings-growth ratio of 2.04 and a beta of 1.09. Analog Devices, Inc. has a fifty-two week low of $158.65 and a fifty-two week high of $258.13. The stock’s fifty day moving average is $241.19 and its two-hundred day moving average is $223.76.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.95 by $0.10. The company had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a return on equity of 10.32% and a net margin of 18.85%.Analog Devices’s revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. Analysts predict that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s dividend payout ratio is currently 101.02%.

Insiders Place Their Bets

In other news, CEO Vincent Roche sold 10,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $243.71, for a total value of $2,437,100.00. Following the sale, the chief executive officer directly owned 140,118 shares in the company, valued at $34,148,157.78. This represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $248.03, for a total value of $617,594.70. Following the completion of the sale, the senior vice president owned 13,549 shares in the company, valued at $3,360,558.47. This represents a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 52,240 shares of company stock valued at $12,980,578. Insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

ADI has been the topic of a number of recent analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Keefe, Bruyette & Woods raised Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. Piper Sandler upped their price objective on Analog Devices from $215.00 to $245.00 and gave the stock a “neutral” rating in a report on Thursday, August 21st. Noble Financial raised Analog Devices to an “outperform” rating in a report on Wednesday, June 18th. 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 report on Monday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $275.29.

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.