Heritage Financial Services LLC Acquires 53 Shares of Analog Devices, Inc. $ADI

Heritage Financial Services LLC raised its holdings in Analog Devices, Inc. (NASDAQ:ADIFree Report) by 1.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,317 shares of the semiconductor company’s stock after purchasing an additional 53 shares during the quarter. Heritage Financial Services LLC’s holdings in Analog Devices were worth $669,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Orion Capital Management LLC bought a new stake in shares of Analog Devices during the fourth quarter worth $27,000. Menard Financial Group LLC bought a new stake in shares of Analog Devices during the fourth quarter worth $27,000. Alpine Bank Wealth Management bought a new stake in shares of Analog Devices during the first quarter worth $27,000. N.E.W. Advisory Services LLC bought a new stake in shares of Analog Devices during the first quarter worth $33,000. Finally, North Capital Inc. bought a new stake in shares of Analog Devices during the first quarter worth $36,000. Institutional investors own 86.81% of the company’s stock.

Insider Buying and Selling at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of the company’s stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total transaction of $747,593.75. Following the completion of the transaction, the director directly owned 167,571 shares of the company’s stock, valued at $40,088,010.33. This represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.33% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ADI. Citigroup restated a “buy” rating and set a $290.00 target price (up previously from $260.00) on shares of Analog Devices in a research report on Monday, July 7th. The Goldman Sachs Group began coverage on Analog Devices in a research report on Thursday, July 10th. They set a “buy” rating and a $285.00 target price for the company. Oppenheimer boosted their target price on Analog Devices from $225.00 to $265.00 and gave the stock an “outperform” rating in a research report on Friday, May 16th. KeyCorp lifted their price objective on Analog Devices from $285.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 8th. Finally, Keefe, Bruyette & Woods raised Analog Devices to an “outperform” rating in a research note on Wednesday, June 18th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $258.89.

Get Our Latest Report on Analog Devices

Analog Devices Stock Down 0.5%

NASDAQ:ADI opened at $230.44 on Wednesday. Analog Devices, Inc. has a 1 year low of $158.65 and a 1 year high of $247.73. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.19. The stock has a market cap of $114.36 billion, a price-to-earnings ratio of 62.79, a PEG ratio of 2.13 and a beta of 1.05. The stock has a 50-day moving average price of $233.72 and a two-hundred day moving average price of $216.55.

Analog Devices (NASDAQ:ADIGet Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The semiconductor company reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.15. The company had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Analog Devices had a return on equity of 9.56% and a net margin of 18.65%.Analog Devices’s revenue for the quarter was up 22.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.40 earnings per share. Analog Devices has set its Q3 2025 guidance at 1.820-2.020 EPS. As a group, equities analysts expect that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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