First National Trust Co Sells 198 Shares of Analog Devices, Inc. $ADI

First National Trust Co lowered its position in Analog Devices, Inc. (NASDAQ:ADI) by 1.8% in the second quarter, HoldingsChannel.com reports. The fund owned 10,783 shares of the semiconductor company’s stock after selling 198 shares during the quarter. First National Trust Co’s holdings in Analog Devices were worth $2,567,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Clark Asset Management LLC raised its stake in shares of Analog Devices by 34.0% in the second quarter. Clark Asset Management LLC now owns 2,899 shares of the semiconductor company’s stock valued at $690,000 after acquiring an additional 735 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Analog Devices by 17.1% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 80,659 shares of the semiconductor company’s stock valued at $19,198,000 after purchasing an additional 11,800 shares in the last quarter. Advisory Alpha LLC increased its holdings in shares of Analog Devices by 7.9% in the second quarter. Advisory Alpha LLC now owns 1,560 shares of the semiconductor company’s stock valued at $372,000 after purchasing an additional 114 shares in the last quarter. SYM FINANCIAL Corp acquired a new stake in shares of Analog Devices in the second quarter valued at approximately $267,000. Finally, AustralianSuper Pty Ltd increased its holdings in shares of Analog Devices by 85.8% in the second quarter. AustralianSuper Pty Ltd now owns 4,788 shares of the semiconductor company’s stock valued at $1,140,000 after purchasing an additional 2,211 shares in the last quarter. Institutional investors own 86.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Cantor Fitzgerald raised their price target on shares of Analog Devices from $270.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. JPMorgan Chase & Co. raised their price target on shares of Analog Devices from $300.00 to $310.00 and gave the company an “overweight” rating in a report on Thursday, August 21st. Benchmark lifted their target price on shares of Analog Devices from $260.00 to $285.00 and gave the stock a “buy” rating in a 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 stock a “buy” rating in a report on Friday, July 18th. Finally, Citigroup reaffirmed a “buy” rating and set a $290.00 target price (up previously from $260.00) on shares of Analog Devices in a report on Monday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Analog Devices presently has an average rating of “Moderate Buy” and a consensus price target of $275.29.

Insider Buying and Selling

In other news, CEO Vincent Roche sold 20,000 shares of the business’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $254.29, for a total value of $5,085,800.00. Following the completion of the transaction, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Edward H. Frank sold 1,000 shares of the business’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $242.74, for a total transaction of $242,740.00. Following the completion of the transaction, the director directly owned 5,118 shares of the company’s stock, valued at $1,242,343.32. This trade represents a 16.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 49,115 shares of company stock worth $12,232,985 over the last ninety days. Insiders own 0.33% of the company’s stock.

Analog Devices Price Performance

Shares of ADI stock opened at $239.35 on Wednesday. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $258.13. The firm has a market capitalization of $117.75 billion, a price-to-earnings ratio of 61.06, a price-to-earnings-growth ratio of 2.05 and a beta of 1.09. The company has a quick ratio of 1.79, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. The firm has a fifty day moving average of $244.76 and a 200-day moving average of $228.98.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings results on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.10. Analog Devices had a net margin of 18.85% and a return on equity of 10.32%. The company had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same quarter in the previous year, the business earned $1.58 EPS. The firm’s revenue was up 24.6% on a year-over-year basis. 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 earnings per share for the current year.

Analog Devices Announces Dividend

The company 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. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $3.96 annualized dividend and a dividend yield of 1.7%. Analog Devices’s payout ratio is 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.