Analog Devices, Inc. $ADI Shares Bought by Elefante Mark B

Elefante Mark B lifted its position in shares of Analog Devices, Inc. (NASDAQ:ADI) by 0.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,672 shares of the semiconductor company’s stock after buying an additional 185 shares during the quarter. Analog Devices comprises about 3.9% of Elefante Mark B’s holdings, making the stock its 9th largest position. Elefante Mark B’s holdings in Analog Devices were worth $5,158,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. RMG Wealth Management LLC acquired a new stake in shares of Analog Devices during the second quarter worth $26,000. Activest Wealth Management increased its position in shares of Analog Devices by 6,350.0% during the first quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after buying an additional 127 shares during the period. Alpine Bank Wealth Management acquired a new stake in Analog Devices in the first quarter worth $27,000. N.E.W. Advisory Services LLC acquired a new stake in Analog Devices in the first quarter worth $33,000. Finally, North Capital Inc. acquired a new stake in Analog Devices in the first quarter worth $36,000. 86.81% of the stock is currently owned by institutional investors and hedge funds.

Analog Devices Stock Up 4.1%

Shares of NASDAQ ADI opened at $234.67 on Tuesday. The stock has a market capitalization of $115.45 billion, a P/E ratio of 59.86, a P/E/G ratio of 1.90 and a beta of 1.09. The company has a 50-day moving average price of $241.91 and a 200-day moving average price of $224.55. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $258.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.32 and a quick ratio of 1.79.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.10. The firm had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The business’s revenue was up 24.6% on a year-over-year basis. During the same period last year, the company earned $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. On average, equities research analysts forecast that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were given a dividend of $0.99 per share. 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 dividend payout ratio (DPR) is presently 101.02%.

Insider Activity at Analog Devices

In related news, SVP Martin Cotter sold 12,500 shares of the firm’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $246.25, for a total transaction of $3,078,125.00. Following the transaction, the senior vice president directly owned 63,048 shares of the company’s stock, valued at $15,525,570. This trade represents a 16.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Katsufumi Nakamura sold 2,490 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $248.03, for a total transaction of $617,594.70. Following the transaction, the senior vice president directly owned 13,549 shares in the company, valued at $3,360,558.47. The trade was a 15.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 52,240 shares of company stock valued at $12,980,578 over the last three months. Insiders own 0.33% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Barclays raised their price target on shares of Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. Needham & Company LLC restated a “hold” rating on shares of Analog Devices in a report on Thursday, August 21st. Truist Financial raised their price target on shares of Analog Devices from $219.00 to $249.00 and gave the stock a “hold” rating in a report on Thursday, August 21st. KeyCorp raised their price target on shares of Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Finally, Seaport Res Ptn upgraded shares of Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.