Dempze Nancy E increased its position in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 0.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,363 shares of the semiconductor company’s stock after acquiring an additional 176 shares during the period. Analog Devices comprises 3.2% of Dempze Nancy E’s investment portfolio, making the stock its 8th biggest position. Dempze Nancy E’s holdings in Analog Devices were worth $5,561,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the stock. Eagle Strategies LLC raised its position in Analog Devices by 11.2% in the 2nd quarter. Eagle Strategies LLC now owns 3,808 shares of the semiconductor company’s stock valued at $906,000 after purchasing an additional 384 shares in the last quarter. Bar Harbor Wealth Management grew its stake in Analog Devices by 348.5% during the 2nd quarter. Bar Harbor Wealth Management now owns 8,055 shares of the semiconductor company’s stock worth $1,917,000 after buying an additional 6,259 shares during the last quarter. Narwhal Capital Management grew its stake in Analog Devices by 48.3% during the 2nd quarter. Narwhal Capital Management now owns 64,070 shares of the semiconductor company’s stock worth $15,250,000 after buying an additional 20,862 shares during the last quarter. Morton Capital Management LLC CA grew its stake in Analog Devices by 42.2% during the 2nd quarter. Morton Capital Management LLC CA now owns 1,549 shares of the semiconductor company’s stock worth $369,000 after buying an additional 460 shares during the last quarter. Finally, Lansing Street Advisors grew its stake in Analog Devices by 51.9% during the 2nd quarter. Lansing Street Advisors now owns 2,430 shares of the semiconductor company’s stock worth $578,000 after buying an additional 830 shares during the last quarter. Institutional investors and hedge funds own 86.81% of the company’s stock.
Insider Buying and Selling
In other news, 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 completion of the sale, the chief executive officer owned 23,515 shares of the company’s stock, valued at $5,979,629.35. The trade was a 45.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Katsufumi Nakamura sold 2,490 shares of Analog Devices 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 directly owned 13,549 shares of the company’s stock, valued at approximately $3,360,558.47. This represents a 15.52% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 52,240 shares of company stock valued at $12,980,578. Company insiders own 0.33% of the company’s stock.
Analog Devices Stock Performance
Analog Devices (NASDAQ:ADI – Get Free Report) last released its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping 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 analysts’ expectations of $2.76 billion. During the same period in the previous year, the firm posted $1.58 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts forecast that Analog Devices, Inc. will post 7.14 earnings per share for the current fiscal year.
Analog Devices Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 2nd. Analog Devices’s payout ratio is 101.02%.
Wall Street Analyst Weigh In
ADI has been the topic of several analyst reports. Raymond James Financial upgraded Analog Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Wednesday, June 18th. Benchmark lifted their target price on Analog Devices from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Thursday, August 21st. Zacks Research upgraded Analog Devices from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 22nd. UBS Group reduced 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. Finally, Wells Fargo & Company raised their price target on Analog Devices from $235.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday, August 21st. Two investment 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $275.29.
Check Out Our Latest Research Report on Analog Devices
About Analog Devices
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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