Dorsey & Whitney Trust CO LLC Raises Holdings in Analog Devices, Inc. $ADI

Dorsey & Whitney Trust CO LLC raised its position in shares of Analog Devices, Inc. (NASDAQ:ADIFree Report) by 3.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,007 shares of the semiconductor company’s stock after acquiring an additional 223 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Analog Devices were worth $1,211,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. lifted its position in Analog Devices by 284.4% during the first quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock valued at $6,262,000 after buying an additional 22,973 shares in the last quarter. Freestone Grove Partners LP purchased a new stake in Analog Devices during the 4th quarter worth $10,212,000. Sowell Financial Services LLC acquired a new stake in Analog Devices in the 1st quarter valued at $296,000. Keybank National Association OH raised its position in Analog Devices by 85.8% in the first quarter. Keybank National Association OH now owns 27,077 shares of the semiconductor company’s stock valued at $5,461,000 after purchasing an additional 12,505 shares during the period. Finally, Eastern Bank lifted its stake in shares of Analog Devices by 6.0% during the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company’s stock worth $39,664,000 after purchasing an additional 11,101 shares in the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Analog Devices

In other news, Director Ray Stata sold 3,125 shares of Analog Devices stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $239.23, for a total value of $747,593.75. Following the completion of the transaction, the director owned 167,571 shares in the company, valued at approximately $40,088,010.33. This trade represents a 1.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.33% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

ADI has been the topic of several analyst reports. Needham & Company LLC reiterated a “hold” rating on shares of Analog Devices in a report on Friday, May 23rd. Williams Trading set a $260.00 target price on shares of Analog Devices in a research note on Friday, May 23rd. Cfra Research lowered shares of Analog Devices from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, May 22nd. Morgan Stanley cut their price objective on shares of Analog Devices from $214.00 to $212.00 and set an “overweight” rating on the stock in a report on Friday, May 23rd. Finally, Wall Street Zen raised shares of Analog Devices from a “hold” rating to a “buy” rating in a research report on Saturday, May 24th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Analog Devices presently has an average rating of “Moderate Buy” and an average price target of $258.89.

Read Our Latest Stock Report on Analog Devices

Analog Devices Trading Up 6.3%

ADI opened at $244.87 on Thursday. The stock has a market capitalization of $121.52 billion, a PE ratio of 66.72, a P/E/G ratio of 2.12 and a beta of 1.05. The firm’s fifty day moving average price is $233.96 and its 200 day moving average price is $216.74. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.08 and a quick ratio of 1.51. Analog Devices, Inc. has a 12-month low of $158.65 and a 12-month high of $247.73.

Analog Devices (NASDAQ:ADIGet Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share for the quarter, topping the consensus estimate of $1.95 by $0.10. The company had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.76 billion. Analog Devices had a net margin of 18.65% and a return on equity of 9.56%. The firm’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period last year, the business earned $1.58 EPS. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, research analysts expect that Analog Devices, Inc. will post 7.14 EPS for the current fiscal year.

Analog Devices Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 1.6%. Analog Devices’s payout ratio is currently 107.90%.

Analog Devices 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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