MCF Advisors LLC Buys 81 Shares of Analog Devices, Inc. $ADI

MCF Advisors LLC raised its stake in shares of Analog Devices, Inc. (NASDAQ:ADI) by 17.5% in the second quarter, Holdings Channel reports. The institutional investor owned 545 shares of the semiconductor company’s stock after buying an additional 81 shares during the quarter. MCF Advisors LLC’s holdings in Analog Devices were worth $130,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. raised its position in shares of Analog Devices by 284.4% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 31,050 shares of the semiconductor company’s stock worth $6,262,000 after purchasing an additional 22,973 shares during the last quarter. Sowell Financial Services LLC bought a new stake in Analog Devices during the 1st quarter valued at about $296,000. Keybank National Association OH raised its holdings 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 worth $5,461,000 after buying an additional 12,505 shares during the last quarter. Eastern Bank lifted its stake in shares of Analog Devices by 6.0% in the first quarter. Eastern Bank now owns 196,677 shares of the semiconductor company’s stock worth $39,664,000 after buying an additional 11,101 shares in the last quarter. Finally, McLean Asset Management Corp bought a new position in shares of Analog Devices in the second quarter worth approximately $262,000. 86.81% of the stock is owned by hedge funds and other institutional investors.

Analog Devices Price Performance

NASDAQ ADI opened at $246.78 on Wednesday. The company has a current ratio of 2.32, a quick ratio of 1.79 and a debt-to-equity ratio of 0.24. Analog Devices, Inc. has a 12 month low of $158.65 and a 12 month high of $258.13. The stock has a market cap of $121.40 billion, a price-to-earnings ratio of 62.95, a PEG ratio of 2.08 and a beta of 1.08. The company’s 50 day moving average is $239.38 and its two-hundred day moving average is $221.34.

Analog Devices (NASDAQ:ADI) last announced its quarterly earnings data on Wednesday, August 20th. The semiconductor company reported $2.05 earnings per share (EPS) for the quarter, topping 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 company’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.58 earnings per share. Analog Devices has set its Q4 2025 guidance at 2.120-2.320 EPS. As a group, research analysts anticipate that Analog Devices, Inc. will post 7.14 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Stockholders of record on Tuesday, September 2nd were given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Analog Devices’s payout ratio is presently 101.02%.

Insiders Place Their Bets

In other Analog Devices news, SVP Katsufumi Nakamura sold 2,490 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $248.03, for a total value of $617,594.70. Following the completion of the transaction, the senior vice president directly owned 13,549 shares in the company, valued at $3,360,558.47. This represents a 15.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Martin Cotter sold 12,500 shares of the stock in a transaction that occurred on 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 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 41,240 shares of company stock worth $10,300,738. 0.33% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on ADI shares. Seaport Res Ptn upgraded shares of Analog Devices from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Citigroup restated a “buy” rating and issued a $290.00 price target (up previously from $260.00) on shares of Analog Devices in a research note 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 price objective on the stock. Barclays boosted their target price on Analog Devices from $185.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 21st. Finally, Evercore ISI raised their price target on shares of Analog Devices from $280.00 to $303.00 and gave the company an “outperform” rating in a report on Thursday, August 21st. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Analog Devices currently has an average rating of “Moderate Buy” and a consensus target price of $273.53.

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.