J. W. Coons Advisors LLC Sells 1,144 Shares of Analog Devices, Inc. $ADI

J. W. Coons Advisors LLC lowered its position in Analog Devices, Inc. (NASDAQ:ADI) by 7.3% in the second quarter, Holdings Channel.com reports. The fund owned 14,510 shares of the semiconductor company’s stock after selling 1,144 shares during the period. J. W. Coons Advisors LLC’s holdings in Analog Devices were worth $3,454,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. RMG Wealth Management LLC acquired a new position in shares of Analog Devices in the 2nd quarter worth approximately $26,000. Activest Wealth Management raised its holdings in shares of Analog Devices by 6,350.0% in the 1st quarter. Activest Wealth Management now owns 129 shares of the semiconductor company’s stock worth $26,000 after buying an additional 127 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of Analog Devices in the 1st quarter worth approximately $33,000. Access Investment Management LLC acquired a new position in shares of Analog Devices in the 2nd quarter worth approximately $45,000. Finally, Saudi Central Bank acquired a new position in shares of Analog Devices in the 1st quarter worth approximately $39,000. 86.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, SVP Martin Cotter sold 12,500 shares of Analog Devices stock in a transaction on Friday, September 5th. The stock was sold at an average price of $246.25, for a total value of $3,078,125.00. Following the completion of the sale, the senior vice president directly owned 63,048 shares of the company’s stock, valued at approximately $15,525,570. This trade represents a 16.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ray Stata sold 3,125 shares of the firm’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $246.92, for a total value of $771,625.00. Following the completion of the transaction, the director owned 155,071 shares in the company, valued at $38,290,131.32. This represents a 1.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 49,115 shares of company stock worth $12,232,985. 0.33% of the stock is currently owned by company insiders.

Analog Devices Stock Down 0.2%

NASDAQ ADI opened at $233.61 on Tuesday. The stock has a fifty day moving average of $243.50 and a 200-day moving average of $230.92. The stock has a market capitalization of $114.93 billion, a P/E ratio of 59.59, a price-to-earnings-growth ratio of 1.98 and a beta of 1.09. Analog Devices, Inc. has a 52 week low of $158.65 and a 52 week 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.

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

Analog Devices Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were paid a $0.99 dividend. This represents a $3.96 annualized dividend 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 101.02%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ADI shares. Wells Fargo & Company increased their target price on Analog Devices from $235.00 to $250.00 and gave the stock an “equal weight” rating in a report on Thursday, August 21st. KeyCorp increased their target price on Analog Devices from $300.00 to $310.00 and gave the stock an “overweight” rating in a report on Thursday, August 21st. Seaport Res Ptn raised Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. UBS Group dropped 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, Benchmark raised their price target on Analog Devices from $260.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Analog Devices currently has an average rating of “Moderate Buy” and a consensus target price of $275.29.

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.